Insights
Oil And Gas Workers Face Massive Tax Demands
Thousands of oil and gas contractors accused of involvement in a tax avoidance scheme have received demands for cash from HM Revenue & Customs (HMRC). More than 22,000 contractors who sheltered their earnings offshore in now outlawed employment benefit trusts more than seven years ago are now paying the price for breaking tax rules. Accountants…
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CGT Cases Muddy Rules For Expats Selling UK Homes
Qualifying for capital gains tax breaks as an expat is even more complicated following the latest legal rulings in the UK. Capital gains for expats became an issue from April 2015 when Chancellor George Osborne reversed the law allowing non-residents to sell assets in the UK without paying CGT. Since then, non-residents selling residential property…
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Weekly Market Update
Notable events over the last week In a week of largely positive data for the US, jobs data stole the headlines. Nonfarm payrolls grew by 271,000 in October; a sharp jump from the weak August and September numbers of 153,000 and 137,000 respectively and easily exceeded the median estimate of 180,000. The unemployment rate fell…
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Discretionary Portfolio Management
Discretionary Portfolio Management (DPM) is a service that provides individually tailored portfolios for our clients. It’s a service that is integral to financial planning for expatriates. How it works Firstly, a client will be allocated an investment manager. They will take the time to devise a strategy with the client based upon a number of…
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Five Tips For Investing In Volatile Markets
Investors can find keeping up with the markets a struggle with real-time reporting, sudden rises and falls and no real trend other than volatility in recent years. Market swings can make or break investors in a few minutes, but although technology allows the financial world to work 24/7, life goes on but investors still have…
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Is Your Lifetime Allowance Protected?
The lifetime allowance is the maximum size the government allows a pension fund to reach without penalising retirement savers with tax charges. The lifetime allowance is often referred to as the ‘LTA’ and is set by the Chancellor in the annual Budget. The figure can vary from year to year, and is currently on a…
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