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UK Pension Tax on Death Benefits Proposed Change
On 18th July the UK government announced a consultation on pension taxation linked to the abolition of the Lifetime Allowance. It also considers other aspects of tax linked to pensions and proposes a significant change. Currently where pension member dies before age 75, benefits received by a beneficiary are generally outside the scope of income…
A week in financial figures – 9 August 2022
The main news item over Friday and the weekend was the July non-farm payrolls report from the US. The increase was 528k, much faster than consensus for 250k and compared to 398k in June. This was the strongest payroll gain in five months and the release noted widespread job growth led by gains in leisure,…
British Expats Make Residency Fears Clear In “Alternative White Paper” to UK Government
A group of UK expatriates have set out their desire for the UK Government to protect their EU Citizenship through production of an “Alternative White Paper”. The expat coalition, including Bremain and Eurocitizens, published the 53 point paper titled “UK Citizens in Europe – Towards an Alternative White Paper”, setting out their concerns over their…
Monday, 21 November – quick market update
COP27 ended on Sunday with an agreement for richer countries to fund poorer nations, although details need to be agreed. There was also a failure by countries to agree to phase out fossil fuels, meaning commitments on emissions did not go further than the weakened Glasgow COP26 pledge to phase down polluting coal power and…
Advisers Every Business Owner Should Have on Speed Dial
It’s become distinctly clear over the years that every successful businessmen has four professional key advisers on speed dial. Some are relied upon more than others but they each have a critical role to play keeping the business person focused on the important issues at hand. The Lawyer The reasons for having a trusted attorney are…
MARKET UPDATE 23.08.2022
All the latest market trends in a one-minute video. Contact us if you would like to discuss your financial goals and how to achieve them. Our team is always happy to give you a free initial consultation and assessment. Follow the link to see the video on our LinkedIn page: @Synergi Follow Synergi on Linked…