Living abroad can bring a sense of freedom, especially for Americans who work for themselves. Whether you are a freelancer, consultant, online business owner, or independent contractor, working from another country can open the door to a more flexible lifestyle.

But moving overseas does not automatically end your connection to the U.S. tax system.

American citizens generally still need to file U.S. tax returns even when they live and work in another country. This is something many self-employed expats do not realize until they have already spent several years abroad.

Living Abroad Does Not Mean You Stop Filing

The United States is unusual because its citizens generally continue to have tax filing responsibilities even when they live overseas.

That means income earned from freelancing, consulting, remote work, or running a small business abroad may still need to be reported in the United States.

For many expats, this does not necessarily mean they will owe a large amount of U.S. tax. There are rules that can help reduce or sometimes eliminate U.S. income tax on money earned abroad.

The important point is that these benefits usually depend on filing the correct return.

In other words, living abroad may reduce what you owe, but it does not automatically remove the need to file.

Self-Employed Expats Have Extra Responsibilities

Employees often have taxes handled automatically through payroll. Self-employed people usually have to manage more of the process themselves.

If you work for yourself, you are responsible for keeping track of your income, business expenses, and tax obligations.

This can become more complicated when you live overseas because you may be dealing with both the tax system in your country of residence and the U.S. tax system at the same time.

That does not mean the situation has to be overwhelming. It simply means that self-employed expats should pay attention to their filing responsibilities rather than assuming that being overseas makes them exempt.

You May Be Able to Reduce Your U.S. Tax

Many Americans living abroad are able to use special tax rules designed for people earning income overseas.

Depending on your situation, you may be able to reduce your U.S. income tax through exclusions or credits related to foreign income and foreign taxes paid.

This is one reason why filing is important.

Some expats assume there is no point in filing because they already pay tax in the country where they live. In reality, filing a U.S. return may allow you to claim benefits that prevent or reduce double taxation.

The right approach depends on where you live, how much you earn, and how your business is structured.

Paying Tax Abroad Does Not Always Replace U.S. Filing

A common misunderstanding is that paying taxes in another country means you no longer need to deal with U.S. taxes.

Usually, that is not the case.

You may still have to report your income to the United States even if you already paid tax on that income overseas.

The good news is that U.S. tax rules often provide ways to account for taxes paid to another country.

For many expats, the main issue is not paying tax twice. It is making sure the income is properly reported and the available tax benefits are claimed correctly.

Foreign Bank Accounts May Also Need Attention

Many American expats open local bank accounts after moving overseas.

Depending on the amount of money held in foreign accounts, separate reporting requirements may apply.

This is especially relevant for self-employed expats who use overseas accounts for business income, savings, or everyday expenses.

These reporting rules are separate from the normal income tax return, which is another reason it is helpful to understand your obligations early rather than waiting until a problem appears.

What If You Have Not Filed for a While?

Some Americans discover after several years abroad that they were supposed to keep filing U.S. tax returns.

If that happens, it is important not to ignore the situation.

There are often ways to become compliant, especially for people who simply did not know they were required to file.

The best approach depends on your circumstances, including how long you have lived abroad, whether you have foreign bank accounts, and whether you have filed anything with the IRS during that time.

Speaking with a tax professional who understands U.S. expat taxes can help you avoid unnecessary mistakes.

Keep Good Records

For self-employed expats, basic record keeping can make tax filing much easier.

Keep track of your income, invoices, business expenses, travel related to your work, and any taxes paid in the country where you live.

You should also keep records of your foreign bank accounts and important business documents.

Good records are especially useful if you earn money from different clients, receive payments in different currencies, or work in more than one country during the year.

Do Not Assume You Are Exempt

One of the biggest mistakes American expats can make is assuming that living overseas means U.S. taxes no longer apply.

For self-employed Americans, filing responsibilities can continue for as long as they remain U.S. citizens or otherwise subject to U.S. tax rules.

The good news is that many expats have options that can reduce their U.S. tax burden.

The key is understanding that filing and owing tax are two different things.

You may still need to file even when you ultimately owe little or nothing.

Make U.S. Tax Filing Easier

Managing U.S. taxes while living abroad can feel complicated, especially when you are also running your own business.

Expat Tax Online can help you file your U.S. taxes with ease. With support focused on Americans living overseas, you can get help understanding your filing responsibilities, organizing your information, and completing your U.S. tax return with greater confidence.

The Bottom Line

If you are a self-employed American living abroad, U.S. tax filing should remain part of your yearly financial routine.

You may qualify for tax benefits because you live and work overseas, and taxes paid in another country may help reduce your U.S. tax bill.

But those benefits generally do not mean you can simply stop filing.

Staying organized, keeping good records, and getting professional help when needed can make the process much easier.

For American freelancers, consultants, contractors, and business owners abroad, the simplest rule to remember is this:

Living overseas does not automatically mean leaving U.S. tax filing behind.

And if you would rather make the process simpler, Expat Tax Online can help you file your U.S. taxes with ease.

This article is for general informational purposes only and should not be considered tax or legal advice. Tax rules depend on individual circumstances, so professional guidance may be helpful for complex situations.

This article was written by

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Some of Britain’s biggest companies will descend on Reform UK’s national conference this week as the party intensifies its efforts to win over business leaders and strengthen its economic credibility.

Vodafone, EE, Heathrow and JCB are among the businesses attending or running events at the three-day gathering, which opens at the National Exhibition Centre on the outskirts of Birmingham on Thursday.

For the first time, the party is staging a dedicated business day, which it says will place “the business community at the heart of the programme”, offering attendees access to Reform’s leadership.

At least one name on the guest list already has form with the party. JCB, the digger maker chaired by Lord Bamford, donated £200,000 to Reform UK alongside an identical sum for the Conservatives, with Bamford saying both parties “believe in small business”.

Others are keen to stress that turning up is not the same as signing up. A spokesman for Heathrow said the airport had a long history of constructive engagement across the political spectrum. “Like many businesses, from airlines to pubs and banks to supermarkets, it is common practice to sponsor events at party conferences to engage policymakers and ensure they better understand the needs of consumers and the economy,” he added.

Champagne out, corporate packages in

Business Matters has previously reported that Reform almost doubled some commercial costs for this year’s conference, dropping earlier promises of free champagne and custom cocktail naming rights in favour of an event much closer in feel to a traditional party conference.

The price of some packages has climbed as the party looks to woo wealthy backers and boost its coffers. A platinum ticket has risen from £2,500 per person to £3,000 plus VAT, buying a champagne breakfast with Nigel Farage, fast-track entry and access to a special lounge. Insiders have previously described the changes as “a necessary part of our professionalisation, even if it is a bit more boring”.

The policy pitch to employers

Reform arrives in Birmingham with a policy offer aimed squarely at the businesses it is courting. The party has proposed scrapping the contentious increase in employers’ national insurance contributions for workers who are British nationals. That rise, announced in Rachel Reeves’s October 2024 Budget, lifted the employer rate to 15 per cent and cut the threshold at which firms start paying to £5,000 a year, a change the OECD found gave the UK the biggest employer tax rise in the developed world.

The party has also proposed cutting VAT for the hospitality sector to 10 per cent, half the current standard rate of 20 per cent.

Momentum since May

The stepped-up courtship of business follows a run of electoral success. Reform racked up hundreds of council wins in May’s elections, beat Labour into second place in the contest for the Welsh Senedd and finished joint second at Holyrood.

The party has been professionalising its Westminster operation too. Earlier this year it opened the doors of its Millbank headquarters, on the banks of the Thames in London, to public affairs professionals, an event that doubled as a pitch to agencies and featured a speech by Robert Jenrick, the party’s Treasury spokesman.

Not everyone believes the courtship should go unchallenged. Senior Labour figures have urged firms to scrutinise Reform’s economic plans more closely, with the Labour MP Liam Byrne saying companies are right to be concerned about how the party’s promises would be paid for. Reform’s deputy leader Richard Tice has rejected that criticism, insisting the party would restore fiscal discipline and cut regulation.

For the companies heading to the NEC this week, the calculation is the one Heathrow set out: engaging policymakers at party conferences is simply part of doing business.

Jamie Young

Jamie Young is Senior Reporter at Business Matters, covering SME finance, employment law and Westminster policy since 2016. He has reported on every Budget and Autumn Statement since 2018, helped make sense of the ‘covid era’ and the bounce-back loan scheme from launch through the fraud investigations, and broke the magazine’s coverage of the 2024 late-payment reforms. He joined Business Matters straight from completing his BA in Administration from Exeter University and is NCTJ-qualified. Reach him at jyoung@cbmeg.co.uk

Scan.com, Britain’s largest private medical imaging company, has raised $220 million from investors including Aviva as it eyes a potential stock market flotation.

The London-based company will put the funds towards a bigger push into the American medical imaging market. The package is made up of a $90 million equity round led by Noteus Partners, the French investment company, with backing from investors including Aviva and Concord Health Partners, alongside debt facilities totalling $130 million provided by VerisFi Capital and Atempo Growth.

Scan.com already generates most of its revenue in the United States, where about 80 per cent of its workforce is based. The American medical imaging market is estimated to be worth more than $100 billion and is projected to grow to just over $121 billion by 2033, according to forecasts by Grand View Research, the American market research provider.

Charlie Bullock, co-founder and chief executive of Scan.com, said that while about 600 million medical imaging scans are run in the US each year, the country still has no national infrastructure network for imaging. “Labs got that decades ago with Quest Diagnostics and Labcorp. Imaging never did, and that is what we have built,” the 30-year-old said.

“We’re a fraction of 1 per cent in terms of [market] penetration,” he said. “Our ambition is to be the leading, biggest diagnostic imaging company in the US. We’re nowhere near there yet, but we feel like we’re on track.”

Where to list

The fundraising comes as the company prepares to meet officials at the London Stock Exchange this week as it works towards a potential IPO, although Bullock said it had yet to decide on a listing venue. Despite its ambitions in the US, the company has no intention of moving its headquarters from the UK, he said.

There is growing concern that UK markets are not attractive enough to retain the highest quality British start-up companies, amid a long-running shortage of the scale-up capital needed to grow the country’s most promising firms. UK start-ups raised a record $17 billion in the first half of 2026, according to figures from Dealroom and HSBC Innovation Banking, yet only 16 per cent of large funding rounds involved domestic investors.

Last month a consortium of some of the UK’s largest pension providers agreed to explore the creation of a “UK Scale-up Fund” that would back the most promising British private companies and manage more than £1 billion, following calls for pension funds to back British scale-ups rather than leaving the returns to overseas investors.

Ant Barker, director of venture capital at Aviva Investors, said UK pension funds increasingly want greater access to high-growth, unlisted companies “that build tomorrow’s technologies and create social value”. Under the Mansion House Compact, nine of the UK’s largest pension providers committed to allocate 5 per cent of their default fund assets to unlisted equities by 2030.

“[Scan.com is] one of the fastest-growing companies in our venture capital portfolio, and well placed to deliver long-term returns for UK savers and institutional investors, in line with our Mansion House Compact objectives,” Barker said.

Built to use spare capacity

Scan.com was founded in 2021 by Bullock, Oliver Knight and Joe Daniels, along with Jasper Nissim, an osteopath, and Khalid Latief, a consultant radiologist.

“[We] saw this problem in the UK around lack of access to diagnostic imaging, lack of price transparency and increased waiting times in the national healthcare service,” Bullock said. There was plenty of capacity sitting unused in imaging centres and hospitals around the UK, he said, but no way to access it.

The company provides a website for booking scans, managing referrals and sharing results, using spare capacity at private providers. Last year it generated $85 million in revenue.

The business had already raised just over $57 million across two previous funding rounds. Aviva’s venture arm co-led the company’s earlier $12 million Series A round, and the insurer has backed it again in the latest raise.

Amy Ingham

Amy Ingham is a reporter at Business Matters, covering UK business news with a focus on breaking news, business policy, late payments and insolvency. She joined the magazine in 2026 after completing the NCTJ Diploma in Journalism at Harlow College’s journalism school. Her recent reporting includes British Steel’s nationalisation and its impact on SME suppliers, the decline in late payments by large firms, and Insolvency Service director disqualifications. Reach her at aingham@cbmeg.co.uk.

Target is expanding its push into higher-end beauty with a new specialty-style concept that the retailer says is part of its broader effort to return to growth.

The Minneapolis-based retailer said Target Beauty Studio will launch Sept. 10 in more than 600 stores nationwide and on Target.com, bringing together more than 1,600 products from 90 prestige, emerging and international brands. More than two-thirds of the brands will be new to Target.

The rollout represents a notable expansion of Target’s beauty assortment while adding features more commonly associated with specialty beauty retailers, including dedicated beauty advisers, product testing, rotating product showcases and personalized recommendations.

Target Beauty Studio will launch Sept. 10 in more than 600 stores. (David Paul Morris/Bloomberg via Getty Images)

Target said the new concept is one example of the investments it is making in merchandise and the in-store shopping experience as part of its plans to return to growth. The company operates more than 2,000 U.S. stores.

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“When guests shop for beauty, they want to pick up their standbys while also exploring what’s new and trending, and Target Beauty Studio is designed with that mix in mind,” Amanda Nusz, Target’s senior vice president of merchandising, essentials and beauty, said in a statement. “It’s an inspiring destination to discover what’s new, now and next in beauty — and a powerful example of how our merchandising authority comes to life through an elevated guest experience.”

The assortment will span skincare, makeup, haircare, fragrance, bath and body products, nail care and sun care. Brands joining Target include Sunday Riley and First Aid Beauty in skincare, Briogeo and Nioxin in haircare and several Korean beauty brands, including Amuse, Kaja and Rom&nd.

The announcement comes after the retailer concluded its shop-in-shop partnership with Ulta Beauty. The partnership rolled out in August 2021 and ended this month.

The assortment will span skincare, makeup, haircare, fragrance, bath and body products, nail care and sun care. (Michael Nagle/Bloomberg via Getty Images)

Target is also adding products from international brands, including Mexican beauty company SARELLY and French nail care brand Manucurist, while offering premium fragrances, styling products, sun care and self-tanning products.

Stores with Target Beauty Studio will feature a central display that rotates several times a year to highlight brands, collaborations and seasonal products. The retailer will also offer a dedicated assortment of miniature products designed to give shoppers a lower-cost way to try new items.

Target is also adding products from international brands. (Scott Olson/Getty Images)

The company is tying the concept to its Target Circle loyalty program through exclusive offers and experiences. Target said the first 100 guests at most stores during a Sept. 26 promotional event will receive a Target Circle bonus that can be used to shop Beauty Studio in stores and online.

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Target said Beauty Studio will continue to evolve with new brands and products, while its existing beauty assortment will remain alongside the new concept.

Northwest Naturals is recalling nearly 2,000 pounds of raw cat and dog food after federal testing found salmonella and Listeria monocytogenes contamination in two chicken products distributed nationwide.

The Portland, Oregon-based company is voluntarily recalling 53 cases, or 1,272 pounds, of Northwest Naturals Frozen Chicken Recipe and 19 cases, or 684 pounds, of Northwest Naturals Frozen Raw Diet for Dogs Chicken Recipe, according to a company announcement posted Friday by the Food and Drug Administration.

The recall covers a total of 1,956 pounds of product.

The 2-pound Frozen Chicken Recipe, which is marketed as cat food and a protein topper for dogs, tested positive for salmonella. The 6-pound Frozen Raw Diet for Dogs Chicken Recipe tested positive for both salmonella and Listeria monocytogenes, according to the announcement.

NEARLY 25K POUNDS OF FROZEN BUFFALO CHICKEN RECALLED OVER INSPECTION LAPSE

The recall covers a total of 1,956 pounds of product. (Getty Images)

The contamination was identified after product samples were collected and tested by the FDA. No illnesses had been reported in connection with the recall as of Aug. 28, the company said.

The affected 2-pound Frozen Chicken Recipe bears lot number B-5, a best-by date of Jan. 26, 2028, and UPC 087316384956. The affected 6-pound Frozen Raw Diet for Dogs Chicken Recipe bears lot number B-19, a best-by date of Jan. 25, 2028, and UPC 087316380392. The recalled products were distributed to retail stores nationwide.

Northwest Naturals Chicken Recipe raw frozen pet food is among the products recalled over possible salmonella contamination. (Northwest Naturals / FDA)

Salmonella and Listeria monocytogenes can sicken animals that eat contaminated products and can also pose a risk to people who handle the food or come into contact with contaminated surfaces, according to the recall notice.

Pets infected with either bacteria may experience lethargy, diarrhea or bloody diarrhea, fever, vomiting, decreased appetite, and abdominal pain. Infected animals can also carry the bacteria and potentially spread them to people or other animals.

Northwest Naturals Raw Diet for Dogs Chicken Recipe is being recalled after testing found salmonella and Listeria monocytogenes. (Northwest Naturals/FDA)

Consumers who purchased the affected products are being advised to stop feeding them to their pets and return the unused portion to the place of purchase for a full refund.

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Northwest Naturals also advised consumers handling raw pet food to wash their hands thoroughly and clean and sanitize bowls, utensils, surfaces and storage areas that come into contact with the products.

FOX Business reached out to Northwest Naturals for additional comment.