Category Archives: Tax & info

News: Tax update for expats unable to leave the UK

Posted on March 24, 2020 by FinancialUAE

HMRC (Her Majesty’s Revenue & Customs) has announced that it will be giving special treatment to non-residents who are forced to stay in the UK exceeding their permitted number of days. With quite a few expats unable to leave due … Continue reading →

Posted in Need to know, News, Tax & info, UAE Life | Tagged , , , , , , , , , , , | Leave a comment

UK Budget March 2020 – the facts for expats

Posted on March 11, 2020 by FinancialUAE

This is the first budget of this Government and the first by Chancellor, Rishi Sunak, less than a month after taking over at the Treasury. This article is a brief overview of some of the main points with particular reference … Continue reading →

Posted in General financial information, News, Tax & info | Tagged , , , , , , , , , , , , , | Leave a comment

UK Spring Statement 2019 – points of relevance to expats

Posted on March 13, 2019 by FinancialUAE

The UK’s Chancellor of the Exchequer, Philip Hammond, has today delivered his Spring Statement. Less formal or broad in scope than the Budget, which moved to the Autumn last year, this is not about announcements on tax or spending, but … Continue reading →

Posted in General financial information, Need to know, News, Tax & info | Tagged , , , , , , , , , , | Leave a comment

UK Stamp Duty to be even higher for non-residents?

Posted on February 10, 2019 by FinancialUAE

Breaking news. It has been announced that the UK Government will shortly be issuing a new consultation document in which it will propose that the rate of Stamp Duty, the tax payable on purchase of a property, will increase further … Continue reading →

Posted in Mortgages, Need to know, News, Tax & info, Uncategorized | Tagged , , , , , , , , , , , , , | Leave a comment

Tax information for British expats – the Personal Allowance

Posted on December 12, 2018 by FinancialUAE

The UK has a progressive tax system and so the rate of tax payable increases as income increases. All UK residents have a Personal Allowance which means that the first part of their income is free from UK income tax.  … Continue reading →

Posted in General financial information, Tax & info, Uncategorized | Tagged , , , , , , , , , , , | 1 Comment

10 tips for dealing with debt in the UAE

Posted on November 11, 2018 by FinancialUAE

It is sadly all too common for people to get into debt whilst living in the UAE, for multiple reasons, so this article is designed to give you the steps to work through to deal with any debt problems you … Continue reading →

Posted in General financial information, saving money, Tax & info | Tagged , , , , , , , , , , , , | 2 Comments

Need to know: Your financial priorities

Posted on April 3, 2018 by FinancialUAE

Many of us muddle through our financial lives, not focusing on what matters the most, so this article is designed to help you sort out your financial priorities. You have probably thought that there are some issues you need to … Continue reading →

Posted in General financial information, Investment, Life Assurance, Need to know, Pension, Tax & info, Wills | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

2018 – how will it be for you & your finances?

Posted on January 7, 2018 by FinancialUAE

There is no doubt that we live in interesting times on many levels and naturally people will have financial concerns. High on the list of worries is the potential adverse effect of a geopolitical event but it is the potential … Continue reading →

Posted in General financial information, Investment, News, Pension, Tax & info, Wills | Tagged , , , , , , , , , , , , , , , | Leave a comment

Need to know: VAT in the UAE, what it means for individuals

Posted on November 26, 2017 by FinancialUAE

We have known about the introduction of VAT on 1st January 2018 since early 2016 but the official guidance and final rules have not long been issued. There seems to be a fair amount of misunderstanding as to how it … Continue reading →

Posted in General financial information, Tax & info, Uncategorized | Tagged , , , , , , , , , , , , , , | 2 Comments

UK Autumn Budget 2017 – the facts for expats

Posted on November 22, 2017 by FinancialUAE

This is the first Autumn Budget after it was announced that the main one would be issued towards the end of each year. This time there is little that directly affects expats and much of the focus was on the … Continue reading →

Posted in News, Tax & info, Uncategorized | Tagged , , , , , , , , , , , , | 1 Comment