Receita Federal do Brasil may impose tax on inheritances and gifts received in Brazil by individuals living abroad. Understand when this taxation may apply and the key points that require attention.

New law changes the rules for individuals with high income or those receiving dividends from Brazil, especially UK residents. This article explains what will change from 2026 onwards.

Foreign Tax Credit Relief (FTCR) is an essential tool for individuals who earn income abroad but reside in the United Kingdom. It exists to prevent double taxation of the same income. However, HMRC has identified frequent mistakes in credit claims and has made it clear that enforcement is being strengthened. In addition, HMRC has begun sending letters to high-income taxpayers who used FTCR in their 2023/24 tax return, highlighting the correct criteria for its use and advising caution when...