Tax is ‘taxing’ enough even when you’re based in your own country. When you’re an expat, it can make matters even more complicated and confusing.
If you’re a British expatriate, you might be confused about your tax obligations, especially since regulations are constantly changing that can affect your income, investments or residency status. The UK government is often reviewing their tax policies, and this year is no exception.
Whether you’re living abroad temporarily or permanently, Global Tax Consulting can help you demystify the latest tax regulations and ensure you remain compliant.
We provide expatriates with the expertise needed to navigate these complexities with greater ease. Let’s take a look at potential changes in 2025 and why our consultants could be your ideal partners.
Key Changes to Expat Tax in 2025
Tax laws are continually evolving, and if you’re an expat, such changes can significantly impact how you plan your finances. Some of the most notable updates in 2025 include:
Greater Scrutiny of Overseas Property and Assets
From 2025, HMRC will have enhanced data-sharing agreements with global financial institutions. This will make it easier to track UK taxpayers’ foreign assets. This could mean more detailed reporting requirements for overseas bank accounts, properties, and investments.
There might be a greater focus on tax compliance for UK expats who retain property in the UK while living abroad. Higher penalties for non-disclosure, particularly for undeclared offshore income.
It’s important to maintain detailed records and ensure compliance with reporting obligations to avoid unexpected tax liabilities.
New Double Taxation Agreements (DTAs)
The UK is actively renegotiating tax treaties with various countries. In 2025, expats may see revised agreements that alter tax liabilities on pensions, dividends, and overseas earnings.
Changes in tax credit mechanisms could potentially impact those living in countries with higher tax rates than the UK. Understanding the impact of these agreements on personal tax liabilities is essential for effective planning.
How We Can Help
If you’re worried about any changes taking place this year, our guidance can help you stay compliant and reduce the risk of fines.
Here’s why working with our UK-based tax consultancy like Global Tax Consulting can make all the difference:
An In-Depth Knowledge of UK Tax Laws
Tax regulations can be complex, and as mentioned, they’re constantly evolving. Our consultants can ensure that you’re kept up to date with the latest legal changes affecting your tax obligations.
We can also provide you with tailored tax planning strategies to maximise efficiency and avoid unnecessary penalties. Our team is highly knowledgeable in how UK tax laws interact with those in their country of residence.
Expertise in Double Taxation Relief
Avoiding double taxation is one of the biggest concerns for expats. Our tax consultants can help by ensuring your benefit from double taxation agreements (DTAs) to avoid paying tax twice on the same income.
We can also advise on tax-efficient income structuring, especially if you’re receiving pensions from the UK while living abroad. Our team also helps in tax refund claims where overpayments have occurred.
Compliance and Risk Management
Tax regulations are becoming stricter, and non-compliance can result in severe penalties. Our tax consultancy can help by handling tax filings with HMRC, ensuring accuracy and avoiding errors.
We can also advise on offshore asset disclosure to prevent unexpected penalties. Our team can mitigate the risks related to inheritance tax, capital gains tax, and foreign income reporting.
Strategic Wealth and Estate Planning
If you’re an expat with substantial assets, our professional tax consultants can provide bespoke estate planning to minimise inheritance tax.
We can also provide guidance on property investment strategies, especially for those with UK real estate. We also advise on trust structures to safeguard wealth and optimise tax efficiency.
Support with Submitting Tax Returns
Many expats still need to file UK tax returns, even if they mainly live overseas. Global Tax Consulting simplifies the process by helping prepare your tax returns, ensuring they’re always compliant. We can also identify tax relief opportunities to reduce liabilities.
Our team can also liaise with the HMRC on your behalf, saving you time and hassle. Whatever your situation, we provide a wide range of services to make your life easier.
If you’re an expat who needs help with tax, simply contact our team for more information.