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| | | Articles in this section are supplied by Andrew Southgate, Private Client Manager at Blevins Franks.
Find out more about Andrew on their website. | | Andrew Southgate | | | |
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Thursday, 17 May 2018 |
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With Brexit approaching and more options than ever for UK pensions, quality advice for expatriates is crucial. While any financial transaction brings a degree of risk, pensions are often the cornerstone of a comfortable retirement, so getting it wrong can be disastrous. Indeed, we are sometimes approached by people who have made the wrong pension choice with another firm and found it very costly to rectify. These six tips can help you get it right first time:
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Thursday, 17 May 2018 |
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Today’s climate presents many challenges to both preserving your wealth and seeing it grow over time. As well as the economic uncertainty surrounding Brexit, we have endured a prolonged period of ultra-low interest rates, and are exposed to a never-changing tax and regulatory landscape. All this makes it harder for investors to achieve returns that are not eroded by inflation and taxation without leaving their comfort zone. At times like this, careful planning plays a particularly important role in securing your financial security over the long term. Here are six key tips that can help.
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Tuesday, 17 April 2018 |
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With less
than a year to go until the UK officially leaves the EU, we explore how things
stand for expatriates under the proposed Brexit deal.
Residency: What we know
Although
Brexit is scheduled for 29th March 2019, a 21-month transition
period is lined up to maintain existing residency rules and benefits until the
end of 2020.
Under the
proposed citizens' rights agreement, Britons “lawfully residing” in an EU member
state before the 31st December 2020 cut-off date will retain the
right to remain and access existing benefits in that country after full Brexit
takes effect.
Existing
partners and close family members can join settled residents in an EU country,
even after Brexit.
However,
residency rights expire if you are absent from the country for five continuous
years.
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Tuesday, 17 April 2018 |
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Spanish succession and gift tax is an unpopular tax, so much so that thousands of people renounce their inheritance each year, largely because of the prohibitive tax bills. However, over recent years reforms made by many regional governments have significantly reduced this tax liability for spouses, descendants and ascendants.
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Thursday, 22 March 2018 |
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The new UK tax year ticks over on 6th April 2018. What changes may affect expatriates in Spain? Is there anything you can do to make the most of existing rules and prepare for future changes?
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Thursday, 22 March 2018 |
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If you struggle to navigate the UK’s Inheritance Tax (IHT) regime you are not alone. Whether you are setting up your estate planning or sorting out the estate of a departed family member, the system can be hard to follow. Getting your planning wrong may mean your family are faced with unexpected high inheritance tax bills.
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Finance