by SJB Global | Jun 26, 2024 | Jake Barber, Regulations, Tax
Strategies for Managing Tax Liabilities Across Borders For British expatriates, managing the risk of double taxation—being taxed in both the home and host countries—poses a significant financial challenge. This guide provides insights into navigating double taxation...
by SJB Global | Jun 21, 2024 | Advice, Tax, UK
2025 UK Inheritance Tax Changes: What Brits Living Abroad Need to Know Welcome! Today, we’re diving into the thrilling world of tax law, specifically focusing on the ever-so-captivating subjects of residence and domicile. Now, you might think, ‘Oh joy,...
by SJB Global | Jun 21, 2024 | Advice, Jake Barber, Tax, UK
A Step-by-Step Guide Within a UK pension, including a SIPP, your gross pension is subject to PAYE income tax unless you personally apply to HM Revenue & Customs (HMRC) for exemption on the grounds that you are non‐resident. Should you wish to apply for an...
by SJB Global | Jun 13, 2024 | Advice, Pensions, Tax
So, you’re thinking of retiring somewhere sunny, where the tea isn’t the national beverage, and you’re wondering about your UK pension? Specifically, the lovely chunk known as the Pension Commencement Lump Sum (PCLS)? Before you pack up your...
by SJB Global | Jun 13, 2024 | Advice, Estate Planning, Financial Planning, SJB Global, Tax
A Shift from Domicile to Residency Status Explained There have been significant proposed changes to the UK’s tax regime concerning non-domiciled individuals and how it impacts inheritance tax (IHT). Here’s an overview based on the latest updates from the...
by SJB Global | Jun 4, 2024 | Advice, Ben Eccles, Tax
To take more tax-free lump sum from a UK pension by having fixed protection in place, you need to understand the intricacies of pension protection schemes and how they interact with the tax-free lump sum rules. Here’s a step-by-step guide: 1. Understand Fixed...
