by SJB Global | Apr 30, 2025 | Advice, Dion Angove, Investments, Tax
Returning to the UK after a period of living overseas requires more than booking a flight. With the UK’s tax reforms now in effect from 6 April 2025, British citizens must understand how their foreign-held assets are treated under the new residence-based taxation...
by SJB Global | Mar 27, 2025 | Advice, Ben Eccles, Tax, UK
If you’re wondering how to prove your UK residency for tax purposes, you’re not alone. As of April 6, 2025, the UK is moving away from the old domicile-based tax system and switching to a residency-based approach. This means that your tax obligations will...
by SJB Global | Feb 20, 2025 | Advice, Ben Eccles, Guides, Investments, Regulations
Investing wisely isn’t just about choosing the right assets—it’s also about understanding the tax implications. In certain parts of the world, capital gains tax (CGT) can take a significant chunk out of your profits, but with careful planning, it’s possible to legally...
by SJB Global | Feb 6, 2025 | Advice, Financial Planning, Pensions, SJB Advice, UK
The UK government’s latest pension reforms have stirred up a mix of excitement and concern. By loosening the rules on how pension funds can be invested, the plan is designed to unlock billions of pounds and direct that capital toward driving economic growth. Pension...
by SJB Global | Dec 2, 2024 | Ben Eccles, Tax
When withdrawing from your Self-Invested Personal Pension (SIPP), the amount of tax withheld can vary significantly depending on the tax code applied by HMRC. This article explores the differences between the 1257L Week 1/Month 1 and 1257L Cumulative tax codes and...
by SJB Global | Oct 30, 2024 | Ben Eccles, Regulations, UK
The election result is big news and likely to dominate headlines. I’d like to share our stance from our perspective. Long story short, there is little connection between the change in government and the investment markets, although we’ll be keeping a close eye on...