Are You an Australian Expat? Learn How to Make the Most of Expat Life

image.adapt.1200.HIGHThere are numerous reasons to live and work outside of Australia. Along with new experiences, for many it’s an opportunity for a higher standard of living, and the ability earn more than back home whilst possibly paying less income tax. However, most Aussie expats might not be members of any employer superannuation scheme, so it’s important for you to invest any surplus income you have, accumulate savings and grow these for the future whether you decide to remain aboard or return to Australia.

Learn how to maximise your time working outside of Australia and the pitfalls to avoid, to enjoy the retirement you desire. Click here to learn more


UK Tax Planning 2018

Revenue UKApril 2018 will mark the end of another tax year. With a promise of no further tax changes to be announced at the slimmed down UK Spring Statement on 13 March, we can plan with some certainty.

Here are a summary of key considerations and actions pre 6 April. Contact us to discuss the opportunities available for you, your family and your business. Learn more

Treasury Banked £1.6bn in Tax From Pensions. Could You Be Paying Too Much Tax on Your Pension Withdrawals?

hmrc.jpgA quirk in the income tax system means HMRC is wrongly overcharging people who make use of new rules to draw cash from pensions.

Recent figures show the Treasury banked £1.6bn in tax from the first year of the pension freedoms (April 2015-16), nearly double its initial estimate of £910m. The discrepancy could be explained by a low ratio of people reclaiming overpaid tax, compared to those who have made withdrawals, experts suggest. Learn more

5 Leading Misconceptions That British Expats Have With Regards To Domicile And Taxation

IHT.jpgThere are some crucial misunderstandings amongst the British expat community when it comes to their understanding of domicile status and their tax position.  These misconceptions could leave their loved ones financially exposed and could even cause trouble with HMRC if they are not paying the correct UK Tax.

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UK Spring Budget 2017

UK Spring Budget 2017.jpgUK Chancellor Philip Hammond delivered his first (and the last) Spring Budget on Wednesday 8th March 2017, which on the whole was a reasonably low key budget.

However, we got a curve ball in the form of the introduction of a charge on transfers to overseas pensions. We are working through the detail, but many UK pension transfers may now be subject to a 25% charge.

With Article 50 being triggered in the near future, will the new Autumn Budget bring a few more surprises?
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Three Quarters of Wealthy Brits Could Face IHT Issues

uk-iht-planningFamilies could end up paying tens or even hundreds of thousands of pounds in tax through an ignorance of the rules which can prove costly.

Three fifths of people who face a potential IHT bill fail to realise their estate may be liable, according to a new survey by insurer Canada Life.

Many do not know how much they are likely to pay, with more than half saying they didn’t realise that IHT is charged at a hefty 40%.
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