Jan 16th 2025
By GoSimpleTax Some 5.5m expat Brits are estimated to live outside of the UK, with 1.3m living in Australia alone. The other major English-speaking countries, New Zealand, the USA and Canada are also hugely popular with expat Brits, while a reported 400,000 expats live in Spain and almost 240,000 now live in Dubai. Many expats […]
Jan 10th 2025
By GoSimpleTax OK, so yet again you’ve left sorting out your Self Assessment tax return until far too late, despite promising yourself that you wouldn’t ever let it happen again. Tut, tut. The online filing deadline, which is midnight on 31 January, is now fast approaching and you’re beginning to panic. First things first: stop […]
Nov 27th 2024
There are about 365,000 ordinary (alternatively called general) business partnerships in the UK, which is roughly 7% of the business population. Partners share personal responsibility for the partnership’s debts, while each year they pay tax on their share of the income they receive from the partnership. In addition, there are also almost 60,000 limited partnerships, […]