Similar Posts
Join the Queue, or No EU for Scotland
The UK’s European Commission representative, Jacqueline Minor, has indicated that Scottish independence would not lead to automatic membership of the European Union. Minor outlined a process whereby Scotland would have to join the list of countries already seeking EU Membership, and although the process could be completed quicker than for other applicants, there is no…
Boost Your Pension Before the End Of the Tax Year
The last day of the tax year is coming up in April, but there is still time to take steps in order to make the most of your pension. Here are some useful tips from our partners at Standard Life to help you prepare. 1. Use your pension allowance Your pension annual allowance is the…
Switzerland is Top Expat Destination
Switzerland comes top as an all-round expat destination Out of 35 countries Switzerland has been ranked number one as the best expat destination for a well balanced, good quality of life, Singapore, China and Germany were also in the top 5, whilst Egypt rated poorly at no. 34 and UK a miserable no. 33. Japan seems to…
Do you know your Domicile?
One area that we have been speaking to residents about more and more recently is domicile, and in particular when they have clients that fall into either of the following categories: – UK Expatriates If clients have left the UK, do they know that they could still be UK domiciled and subject to UK inheritance…
British Expat Pensioners Face Tax Increases
British overseas pensioners holding pensions offshore will be liable to pay more tax under new plans outlined by the Government. Currently, people who draw income from Qualified Registered Overseas Pension Schemes (QROPS) only pay 90% income tax on income generated by the fund. However, new proposals will make expat pensioners liable for the full income…
More than 90,000 Royal Mail Told their Final-Salary Pension is ‘Unaffordable’ and may close
More than 90,000 Royal Mail staff have been warned that their final salary pension is “unaffordable” and could be shut down, as experts warn a raft of other private companies will follow suit. Royal Mail has written to employees telling them their “gold-plated” pension scheme may be closed because a deterioration in financial market conditions means…