April the 5th has come and gone and we are now into the new UK tax year. The dust has settled after the rush for expatriates to either commence benefits for UK pensions or transfer to a Qualifying Recognized Overseas Pension Scheme or QROPS arrangement. The reason for the latest ‘silly season’ is the further […]
Your UK pension pot and the lifetime allowance.
Thinking of adding to your UK pension pot? http://www.24-7pressrelease.com/press-release/think-twice-before-putting-any-more-money-into-your-uk-pension-advises-axis-strategy-consultants-414924.php
Time to modernise your pensions?
From time to time you may decide to upgrade your possessions; why not modernise your pensions? Our computer software programs are upgraded automatically (even if we’re not quite sure why). We improve our homes, cars, golf clubs and wardrobe, but how many of us check our pensions to make sure we’re maximising opportunities and minimising […]
Lifetime Allowance: £1.25 million doesn’t go as far as it used to!
Lifetime allowance gets squeezed again! The recent UK budget was the usual mish-mash of the Chancellor giving with one hand and taking back with the other. The perceived success of a budget often revolves around who spots which measures and how they are subsequently affected. So, if a tax ‘giveaway’ such as the increase in […]
QROPS and the reduction in the Lifetime Allowance
Individuals considering the transfer of their UK pensions to a QROPS should be aware of changes in the Lifetime Allowance (LTA) as the end of the tax year approaches. The current LTA of £1.5m is the maximum amount of pension saving you can build up over your life that benefit’s from tax relief. If you build […]
UK pension transfers to France
With UK pension transfers to France becoming ever more popular, it is important for expats to stay abreast of developments in the marketplace. With over 3000 providers on the official QROPS list, there are quite a number of jurisdictions to choose from. It is important to be sure however that your UK pension transfer is being […]