Australian Tax on Investments for Expats
Australia typically taxes individuals on their worldwide investment income and/or capital gains as part of the income tax system. If, for example, you hold an ETF investment and sell it for profit having owned it for a few years, as an Australia resident you will pay tax on that gain at your marginal Australian Income […]
Owning UK Property in a company or trust
One of the most common questions that we are asked when discussing UK property investment is whether it should be done with the use of a company or trust. Here we will take a brief look at the possible benefits and drawbacks of using such a structure instead of simply buying a UK property in […]
CPF for British (and other) Expats
This is an updated CPF blogpost from 2023, you can find it here If you have Permanent Resident status in Singapore, you will be paying into the Singapore CPF scheme whether you wish to or not. Additionally, contributions will be made for you by your employer (assuming you are employed). Though there is much to […]
How Does the UK Spring Budget Affect Expats?
How does the UK Spring budget affect expats? The UK Chancellor last week made several interesting anoucements, two of which are particularly relevant to those of us Brits who live overseas. In this article I will cover the areas of the UK budget that are likely to impact expats the most.. 1. Non-dom remittance basis […]
Singapore-Malaysia Travel Revolution: QR Codes Transform Immigration Clearance
Effortless and Contactless: Streamlined Process Promises Faster and More Convenient Travel Experience A significant change is set to transform the immigration clearance process for travelers arriving in and departing from Singapore by car. Starting March 19, physical passports will no longer be required at the country’s two land checkpoints, thanks to the introduction of QR […]
Supplementary Retirement Scheme (SRS) For Expats – 2024
Updated for 2024 This is a updated bog posts for 2024, the original blog post can be found here The Singapore Supplementary Retirement Scheme is a voluntary scheme to encourage individuals to save for retirement, with contributions being eligible for tax relief. It is often something that expats stumble into without fully understanding how it […]
Utilising US Gift Exclusion
US Capital Gains Tax For US Persons/Taxpayers: Almost everything you own and use for personal or investment purposes is a capital asset. Examples of capital assets include a home, personal-use items like household furnishings, and stocks or bonds held as investments. When you sell a capital asset, the difference between the adjusted basis in the […]
Domicile and UK Tax
Domicile and UK Tax Domicile is not the same as nationality or residence. Questions of domicile can be complex but broadly speaking you have your domicile in the country that is your ‘real’ or permanent home. You cannot be without a domicile, and you can only have one domicile at a time. There are three […]
Australian Expats, Property and CGT
Australian Expats, Property and CGT Navigating the complexities of financial obligations and opportunities across borders is a nuanced task, especially for Australian expats. The landscape of taxes, particularly Capital Gains Tax (CGT), has undergone significant changes over the years, affecting Australians living abroad in profound ways. This blog post delves into the intricacies of CGT […]
Kickstart 2024 Your Comprehensive Financial Planning Checklist
Kickstart 2024 with Chartwell Associates: Your Comprehensive Financial Planning Checklist As we embrace the new year, it’s the perfect time to take a proactive stance on our financial health. Whether you’re an expat in Singapore or a local resident, the beginning of the year offers a fresh opportunity to align your financial strategies with your […]