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Major Pension Reforms in the UK 2024 Budget: New Inheritance Tax Rules and Overseas Transfer Charges Explained

Major Pension Reforms in the UK 2024 Budget: New Inheritance Tax Rules and Overseas Transfer Charges Explained

by SJB Global | Nov 4, 2024 | Expat Financial Planning, Pensions, Regulations, SJB Global, Tax Planning, UK

The UK’s Autumn Budget 2024 has introduced transformative changes to pension rules, significantly impacting domestic and overseas pension holders. In a historic move, the government announced that pensions would fall under Inheritance Tax (IHT) regulations starting in...
Autumn Budget 2024: The First Labour Budget in 14 Years

Autumn Budget 2024: The First Labour Budget in 14 Years

by SJB Global | Oct 30, 2024 | Expat Financial Planning, Regulations, SJB Global, UK

The UK’s Autumn Budget 2024, delivered by Chancellor Rachel Reeves, marked a historic moment as the first budget by a female Chancellor and the first Labour budget in over a decade. Here’s a comprehensive breakdown of the key announcements. Economic Stability and...
UK Election Result and What This Means for Our Clients

UK Election Result and What This Means for Our Clients

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...
Navigating UK Pensions in Divorce: How UK Courts Can Help Non UK Residents After an Overseas Split

Navigating UK Pensions in Divorce: How UK Courts Can Help Non UK Residents After an Overseas Split

by SJB Global | Oct 30, 2024 | Expat Financial Planning, Randal Stephens, Regulations, UK

When a relationship breaks down, pensions may not be a top priority, but the jurisdiction where a divorce or dissolution occurs — and how a court handles pensions in the financial settlement — can be crucial, especially if pensions represent significant family...
Navigating the Tax Challenges of Accidental American Citizenship

Navigating the Tax Challenges of Accidental American Citizenship

by SJB Global | Oct 21, 2024 | Expat Financial Planning, North America, Randal Stephens, Regulations, Tax Planning

As a financial advisor, I frequently encounter clients who are blindsided by the realization that they are accidental Americans and face unexpected U.S. tax obligations. American citizenship, while offering numerous benefits, comes with significant tax...
Understanding the 30% Ruling

Understanding the 30% Ruling

by SJB Global | Oct 9, 2024 | Alex Gover, Expat Financial Planning, Regulations

Understanding the 30% Ruling The 30% ruling is a useful tax advantage for highly skilled migrants working in the Netherlands. It allows 30% of your salary to be tax-free, which covers the extra costs associated with living abroad. This ruling is generally available...
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The financial advisers trading under SJB are members of Nexus Global. Nexus Global is a division of Blacktower Financial Management (International) Limited (BFMI). All approved members of Nexus Global are appointed Representatives of BFMI. BFMI is licensed and regulated by the Gibraltar Financial Services Commission (FSC) under licence number 3647.

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