Stressed by tax?
Get Earnr Pro
Taxionary

Expat

[eksˈpæt]

Term

Summary:

An Expat lives outside their country of origin. They may do this for work or personal reasons. An Expat usually has more complicated tax obligations.

More detail:

An Expat, short for expatriate, is an individual who lives outside their native country. This may be for work or personal reasons.

If an Expat has relocated for work reasons, it increases the complexity of their tax situation. In the UK, if the individual is declared a UK tax resident, they will be charged UK taxes on all UK income and foreign income. If they are declared as a UK non-resident Taxpayer, they will only have to pay UK taxes on UK income.

The existence of Double Taxation Agreements ease difficulty for expats as they focus on making sure the same income is not taxed twice. This helps encourage international trade and migration.

Back to Taxionary

You might also like...

decorative image for a blog

What is IR35 and do I need to worry about it?

There are loads of different tax laws in the United Kingdom. IR35 is very important to freelancers and contractors but can be a little confusing. Here, we explain simply what IR35 is and who it can affect.

Read more
decorative image for a blog

Flat rates for mileage vs actual expenses. What is better?

Self-employed individuals can use two different methods to expense business vehicle costs. Here, we investigate the positive and negatives for both methods and which one might be right for you.

Read more
decorative image for a blog

What is the EIS and how does it work?

If you are looking to invest in small and medium sized businesses, the Enterprise Investment Scheme (EIS) provides lots of tax reliefs for doing so. Here we discuss what it is and how it works.

Read more
Earnr logoDownload earnr