Interest Rate Increase

UK follows fed in hiking interest rates

The UK's base interest rate was increased by the Bank of England to 0.75 per cent on Thursday in the latest bid to curb fast-growing inflation.
Topia 2022 Adapt study

Flexible working "key to global workforce"

Adapt or lose skilled staff, says new report, as 64% of workers in the study say they would look for a new job if required to work in the office full-time.
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Call to ease taxes, visas for UK finance

The UK must increase tax incentives and make it easier for overseas talent to come to the country if it is to regain its reputation as the world's premier financial centre, according to the sector's lobby group.
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Business unease over curate's egg budget

The initial reaction from business groups to the UK Budget on Wednesday was that it contained a lot of good bits, but some dodgy elements bits, too.
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Working abroad: unintended consequences

Many employers have been very flexible about where employees are located when working from ‘home’ during the pandemic, particularly in the first few months. For some, it may have been a holiday home far from England, for others it has meant returning to their home country for an extended stay.
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London trails only San Francisco in fintech race

Pandemic or not, investors are continuing to pump money into global fintech companies, according to the latest survey data.
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Brexit - financial services shift 7,500 jobs

More than 7,500 financial services jobs have relocated from the UK to hubs in the European Union since the Brexit referendum four years ago, according to the latest survey by EY.
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Expats in EU face losing UK bank accounts

Tens of thousands of British expats living in Europe face losing their banking facilities with UK providers because of the failure of the UK and EU to reach a post-Brexit deal over financial services.
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Strategic tech in global mobility: INEO webinar

Earlier this month, Ashley Daly and Mike Gatto of INEO global mobility solutions joined Relocate Global’s Fiona Murchie to talk about technology’s strategic and practical role in the global HR and mobility space.
HMRC says expats and non-doms stuck in the UK due to COVID-19 can claim ‘exceptional circumstances’ exemptions and will not have to pay tax on their global incomes.

Expats get a coronavirus tax break

HMRC says expats and non-doms stuck in the UK due to COVID-19 can claim ‘exceptional circumstances’ exemptions and will not have to pay tax on their global incomes.
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Catch up with Relocate's Think Global Mobility Technology Webinar

This is your opportunity to listen back to the Think Digital: Think Global Mobility Technology Webinar which covered facilitating compliance and international relocation offers.
india's taxation on personal property leases explained

IKAN Report: Tax withholding on rent – personal leases in India

What do personal leaseholders and landlords in India need to know about their tax liabilities? IKAN Relocations explains the current rulings.
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KPMG warns of short-term assignment compliance risk

KPMG’s latest Global Assignment Policies and Practices (GAPP) Survey highlights the growing shift to shorter term assignments and business travel.
Brexit relocations have failed to put a dent in the record level of tax contributions from the UK's financial services sector, according to a new report

UK finance sector keeps the taxman happy

Brexit relocations have failed to put a dent in the record level of tax contributions from the UK's financial services sector, according to a new report.
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Assignees to be hit with post-Brexit social security bill

National Insurance cost warnings for companies sending employees on international assignments to Poland, Hungary and Czech Republic. One accountant suggests costs could more than double.
HMRC sign from offices at parliament square

Tax changes to spur fight on UK non-doms?

Changes by HMRC to the tax regime are influencing UK non-domiciled residents to move overseas in the short term with mixed impacts for the Treasurey and UK economy.

Expatriates in France and Italy could cash in on Brexit

Europe's governments are offering tax breaks to attract high-paid banking and other professionals from London to Europe's financial centres as Brexit day nears.
Chinese and US flag illustrates the Sept 2018 weekly Relocate news roundup which includes an article about the US/China trade war and expats who vow to keep their firms in China.

Weekly news roundup: 20 September 2018

This week's David Sapsted roundup includes information about the UK economy, Brexit, expat taxes in The Netherlands, the US-China "trade war", a neoliberal think tank proposed "free trade agreement" between the US and UK, and new visa laws for expat retirees in the UAE.
US small business owners living abroad to be hammered by Trump's new tax plans

Tax changes 'terrifying' U.S. expat business owners

Americans expats running small businesses abroad could pay up to 70% in taxes after Trump's new tax plans come into effect.
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Government launches consultations on employment status

Businesses and employers will have the chance to feedback on the details of proposals announced today as part of the government's Good Work plan.

New charge targets British expat pension savers

A little noticed provision of Chancellor of the Exchequer Phillip Hammond’s Budget on Wednesday was to impose – with immediate effect – a 25 per cent tax on UK expatriates moving their retirement pots out of the country.
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Watchdog report puts taxman relocation on hold

The National Audit Office rules HMRC plan to relocate staff to regional centres unrealistic, accusing HMRC of underestimating the scale of disruption to service.