The UK’s lifetime allowance is the amount of savings you can take from all of your combined UK occupational and personal pension schemes without facing a UK tax charge (which applies irrespective of the fact you are no longer a UK resident and/or taxpayer). On 6 April 2016 the UK’s lifetime allowance was reduced from [&helli...
READ ARTICLEUK defined benefit cash equivalent transfer values hit new highs in 2016 as a result of record low UK gilt yields. If a person has a defined benefit (DB) pension in the UK and wishes to consider transferring that pension to an alternative type of pension (like a self-invested personal pension (SIPP)), an application is […...
READ ARTICLE“Two nations divided by a common language.” 80% is the same – industry sector, business goals, negotiation skills, common contracting issues 20% is different – culture, laws, regulations, enforcement, government structure The 20% makes a difference! The US Market This blog post and the following ones describe issues to c...
READ ARTICLEThe Budget 2017 by Philip Hammond, the UK Chancellor, delivered a significant shock to the pension transfer market by announcing the introduction of a 25% tax charge on certain pension transfers to Qualifying Recognised Overseas Pension Schemes (QROPS). QROPS have been popular for British expatriates living and/or retiring abroa...
READ ARTICLEFor many businesses moving to the US and considering either Buying or Leasing a property, to be effective at selecting an agent and finding the right property you will need to understand how the agency relationships work, the market stratification by size and agency, and the local terminology. Firstly on the agency relationship,...
READ ARTICLEFor many expats moving to the US you will need to understand the agency relationships, and the local terminology if you’re to make head or tail of what you are looking at. For more information on what documents you’ll need to complete your transaction please read ‘Expats buying or leasing their first home in the […]...
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