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Island Tax Haven Firms Own 23,000 UK Properties

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February 13, 2018

  Courtesy of BBC News I thought I would share this information with you as it is quite significant numbers and HMRC will definitely be looking at this with a fine tooth comb, potentially making new legislation or even imposing more taxation implications, let’s see.   A quarter of property in England and Wales owned… Read More ›

Are you an Accidental American ??

‘Accidental Americans’ Putting Asia’s Wealth Transfer at Risk Courtesy of International Advisor   Accidental Americans face ruin if their estates are not properly structured, a lawyer has warned.   Accidental Americans are often children who are born in the United States but do not grow up there, children who are born outside of America but… Read More ›

The Pension Debate Continues: DB Pensions AKA Final Salary Schemes –Things you NEED to know and my Opinion

  Ok, so I get asked ALL the time ‘what should I do with my UK Final Salary Pension and what guarantees & benefits do I get’, WELL below I have highlighted just a few of the main points you should consider when looking at this and reasons why you should or shouldn’t look at… Read More ›

Scottish Expats Unaware of International Privilege

  Unmarried Scots, even those who have lived abroad for long periods, have a right to raise a claim to a partner’s estate in the event of separation. The little-known law, which was introduced by the Scottish Parliament, is unique in the UK. Based on domicile rather than residence, the rule means that individuals can… Read More ›

10 steps to avoid being hit with 40% IHT in 2018

    With inheritance tax payments hitting a record high at the end of 2017, the New Year is a good time for advisers to ensure that clients are being as tax efficient as possible when passing on wealth to future generations, law firm Collyer Bristow has advised.   According to HM Revenue & Customs,… Read More ›

UK Expat Issues – Residency, Domicile & Tax

                      As you have seen in the news lately things are changing in the UK not only to combat money leaving the UK but to also combat tax evasion. There is a misconception that tax avoidance is the same as Tax evasion, it’s not.  … Read More ›

This is The Time You Should be Looking to get a Pension Valuation !

BOE rates, life expectancy data seen curbing pension deficits Firms with big liabilities have underperformed since Brexit The U.K.’s $86 Billion Pension Problem Is About to Solve Itself   For U.K. Plc, the sting of Brexit comes with an unexpected bonus. With no effort on their part, British businesses may see pension deficits that have… Read More ›

UK Pension Transfer Values and GILT Rates

            Mark Carney, Governor of the Bank of England indicated this week that he was prepared to see interest rates rise at least one time before the end of this year. The announcement caught markets off guard as they had been expecting a slower rate rising cycle in the UK… Read More ›

Rich People From These Nations Hide the Most Offshore Wealth

        The top 0.01 percent isn’t paying a big chunk of its tax bill Pinpointing the inequality between rich and poor is notoriously difficult because the data is so squishy, and new research shows just how hard that job can be. The study is the first of its kind to quantify tax avoidance… Read More ›

How To Make The Most Of Unused Inheritance Tax Allowance

The UK tax office has recently updated its rules for transferring any unused portion of basic and additional IHT thresholds when the first person in a marriage or civil partnership dies. Find out more about the basic and additional IHT thresholds and see examples of how unused portions can be transferred to a surviving spouse or… Read More ›