15th of September is Pension Awareness Day, and so in an attempt to increase that awareness, we turn the spotlight on a subject that we all require at some point in our lives. Soteria Trusts discusses expat retirement planning, and more specifically, looks at the 3 pillars that are considered fundamental to the implementation of…
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The UK government has declared that HMRC will be looking very closely at British citizens who ostensibly live abroad. The case of Mr Gaines-Cooper unveiled the fact that HMRC is looking carefully at individuals to see where they have centred their life. In this case, Mr Gaines-Cooper purported to be living in Seychelles and visiting…
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Taxation rules around expatriates’ worldwide assets can sometimes be confusing. Being unaware of the tax implications of your domicile status, especially as a UK national and a foreign national with UK-sited assets, can cost you high tax rates. Not acting on that can lead to your family or beneficiaries suddenly having to pay large sums…
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