The recent announcement by Jeremy Hunt to abolish the Non-Dom tax regime in the UK represents a significant shift in the tax landscape, particularly affecting individuals with non-domiciled status. This decision not only has tax implications but also introduces complexities in asset management for current non-doms.
As Chartered Financial Planners and...
Articles
Tax Efficient Investments for Australian Expats in the UK
20
Mar
Opportunities for Australian Expats in the UK
In light of recent modifications to superannuation contribution caps, withholding tax regulations, and the nullification of the Capital Gains Tax (CGT) 50% concession on Australian property for Foreign Investors, it's hardly surprising that Australian expatriates are exploring diverse alternatives to accumulate and safeguard their...
How Do I Set Up a Family Investment Company?
03
Mar
Introduction In today's financial landscape, securing your family's future and managing wealth effectively has never been more crucial. A Family Investment Company (FIC) offers a sophisticated way to manage and protect family wealth. This post delves into what FICs are, their benefits, and how you can set one up –...
How Can I Reduce my Liability for Inheritance Tax?
25
Feb
How Can I Reduce my Liability for Inheritance Tax? Dodging the Inheritance Tax Bullet: IHT Mitigation Strategies for UK Residents and Non-Residents.
An Amusing Inheritance Tax Tale
Once upon a time, a wealthy British entrepreneur named Sir Pennywise decided he had enough of the UK's steep inheritance tax. So, he hatched a...
Transfer Swiss Pension to the UK: A Guide for Expats Returning from Switzerland to the UK
21
Feb
As Chartered Financial Planners our mission, at AES International, is to simplify the complexities of financial transitions for expatriates. A significant number of British expatriates, having spent considerable time in Switzerland, face the intricate task of managing their pension assets upon their return to the UK. This article aims to...
Losing UK Domicile: Defined, How It’s Lost & Who Decides?
12
Feb
Domicile is a term used to describe an individual’s permanent home, or the country in which they have their most substantial connections. Domicile is an important consideration for tax purposes, as an individual’s domicile can affect their liability for various taxes, including income tax, inheritance tax, and capital gains tax....
The Pathway for Non-UK Residents: AES Managing Existing AJ Bell SIPPs
05
Feb
The Pathway for Non-UK Residents: AES Managing Existing AJ Bell SIPPs
With the constant flux of economic conditions, regulatory frameworks, and financial scenarios, the need for effective wealth management is indispensable, especially for non-UK residents who possess a Self-Invested Personal Pension (SIPP) with AJ Bell. As a leading wealth and asset...
Life Insurance: Your Last Love Letter to Your Family
11
Jan
Funny thing...is Life
Life is unpredictable. In its mysterious nature, it offers joy and sorrow, prosperity and adversity. Yet, one aspect remains certain, inevitable and impartial: death. It is a rather discomforting subject, but one that needs addressing. To prepare for such a reality is not morbid but rather a profound...
Number of work hours needed to buy groceries has fallen since the 1980s
16
Dec
"A Fish Called Wanda," a classic comedy film, was released in 1988, offering us a unique reference point to explore the evolution of the cost of living in the UK, particularly through the lens of grocery prices. This exploration not only considers the raw costs of a typical basket of...