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 David Bowern







Articles in this section are supplied by David Bowern, Partner at Blevins Franks. 
Find out more about David on their website.



 David Bowern      

Make sure your money lasts as long as you do: 5 questions to ask
Wednesday, 20 October 2021

As life expectancy increases, so does the length of time needed to stretch your income in retirement. Taking the right steps now can help you afford the lifestyle you want for as long as you need.


Today, most people can expect to live longer than the generations before. UK government statistics put the average life expectancy of men aged 65 in 2019 at 83.8 and women at 86.1 – the highest ever observed at this age. They counted more than 600,000 Britons aged over 90 and 13,330 centenarians – 13% more than the year before. 
UK inheritance tax collection reaches £6 billion
Wednesday, 20 October 2021

will your family be affected? 

The UK’s inheritance tax (IHT) haul continues to set new records as it rakes in £6bn for 2021. This 19% rise translates to almost £1bn more taxes collected in a single year. But if IHT was only intended to affect the ‘super wealthy’, why does the revenue it generates for the government continue to skyrocket?

UK inheritance tax is payable on the worldwide estate of a UK domiciled person who has passed away and on gifts made by UK domiciled individuals within the seven years prior to death. Furthermore, UK assets are always liable to inheritance tax, regardless of the domicile of the owner. This year, IHT will affect around 33% more families, breaking all records it previously set. 

Should you keep hold of UK investments in Spain?
Wednesday, 15 September 2021

Expatriates often prefer to keep UK investments like Premium Bonds, ISAs, savings accounts, bonds and shares, but do they make financial sense for residents of Spain?

However well we have settled into our new lives in Spain, most UK nationals living here maintain some British habits. Whether it is a Sunday roast, following the football or watching British soaps, there are some ties we do not want to lose.

The same often applies for UK savings and investments. While many expatriates prefer to stick with what’s familiar, just how suitable are these arrangements for Spain?

Should you transfer UK pensions overseas? The pros and cons of QROPS
Wednesday, 15 September 2021

While transferring to a QROPS can offer tax efficiency, estate planning flexibility and currency benefits for UK expatriates, is it suitable for everyone?

One of the many UK pension options for British expatriates today is transferring to a Qualifying Recognised Overseas Pension Scheme (QROPS). Despite being widely seen as the answer for expatriate retirees, QROPS are by no means a one-size-fits-all solution.

What is a QROPS?

QROPS is a label for foreign pension schemes that meet HM Revenue & Customs (HMRC) rules to receive transfers from UK-registered pension funds. Introduced in 2006, this enables British expatriates to simplify their affairs by taking their pensions with them. Schemes only make the HMRC list if they meet similar conditions to UK pensions, such as not being generally accessible before age 55.

Balancing the Chancellor’s books… could your UK pensions be affected?
Thursday, 19 August 2021

The UK Chancellor Rishi Sunak, like his counterparts in Spain and the rest of Europe, has a difficult balancing act to find ways of raising revenue while still keeping public support strong for the government. And pensions and property are being brought into sharp focus in the media when it comes to the options he has available.

With the pandemic having caused the UK, Spanish and most other governments to provide huge financial support to keep their economies afloat, they now need to raise a lot of money over the coming years to pay what effectively is massive government debt – and taxation is one of the most obvious routes.

But what does that mean for you? 


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