In the UK, estate planning generally starts with a good will and may include the use of a trust. When you move or own assets abroad, however, things are much more complicated. Other countries have very different rules to the UK that can affect: Who your legacy goes to What your heirs will pay in…
Investing in Offshore Investment Bonds provides a tax wrapper that allows you to invest flexibly and tax-efficiently in the extensive global range of mutual funds that the bond provider offers through trusted fund house partners. Relationship Managers will use their knowledge of your wider portfolio, to select which funds to hold in your Offshore Bond….
If you are an overseas buyer, you may be considering buying UK residential property as an investment whilst the value of the pound sterling is down. Before you decide to invest, read our explanation of the UK property purchase process Getting started- your objectives Before looking for potential UK investment property, you would have to…
10 Reasons To Make A Will If you do not leave a Will, the law decides how your estate is passed on and this may not be in line with your wishes. This may lead to your spouse having to share your estate with your children whom you may not have intended to benefit straight…
When it comes to taxes, not even death stops the taxman from collecting. Once seen as tax targeting the rich, rising house prices have dragged thousands more into the IHT net, leading to a record £5.2bn haul for HMRC in 2017/2018. With inheritance tax advanced planning could save you up to 40%. If you are…
UK Inheritance tax (IHT) is the tax which is paid on an estate when the owner of that estate dies. Depending on certain criteria, the tax may also be payable on gifts or trusts made during that person’s life. Typically, UK Inheritance Tax is paid by the executor using funds from the estate of the deceased….
The UK is finally moving away from a decade of austerity, as the 2020 spring budget has seen spending soar across many different sectors. The newly appointed chancellor, Rishi Sunak, spent a large part of his speech targeting the current and future impact of the coronavirus and how the government could help people affected. But the…
Companies could slash UK pension promises to 11 million employees, potentially knocking thousands of pounds off the incomes of people in retirement, if proposals in a government consultation paper are approved. Unions are likely to react furiously to the proposals, which would allow companies to save £90bn by providing annual increases in their retired employees’…
Property Development Loans – From UK Expat Pension Reviews Property Development Finance and Property Development Loans are short-term funding options, used to develop either an existing building, i.e. refurbishment, conversion, or a new build development. They can also be for residential houses, shops, offices, industrial buildings. It can be for investment purposes or owner occupied. Development…
Compared to the drama of the previous week, markets were restrained, as US earnings settled nerves. The disruptor has been disrupted. Sears, Roebuck and Company was founded in 1892, selling a huge range of products by mail order: bicycles, sewing machines, cars, then fridges, groceries and cooking stoves too. In short, Sears provided ordinary consumers…