Understanding whether you are deemed a UK tax resident or not is essential to paying the correct tax in the UK. Once you are a tax resident of the UK could mean your worldwide income is subject to UK tax, and there are changes to the rules around Capital Gains Tax and Inheritance tax....
If you lost your principal residence to a foreclosure or short sale, TurboTax can help you deal with the tax implications, including recent tax law changes that can offer some relief.
Whatever your circumstances or retirement plans, it’s important to remember that transferring UK-based pensions abroad can have significant tax implications. These can sometimes be complex and costly, depending on the country you’re moving to. To help you navigate these, it’s recommended to spe...
Taking Your Dog From Spain to the UK Changes to the 'Quarantine method of bringing your pet back to the UK have been advised, which will take effect from January 2012... moreHow do I make a Denuncia ? What is a Denuncia, when would I make one and how would I do this ? ... mor...
Watt spoke to ourBusiness Live presenter Darren McCaffreyabout the importance of entrepreneurs to the UK economy last year... Almost 153,000 estates will be subject to inheritance tax due to change announced in budget Almost 153,000 estates will be subject to inheritance tax if a...
In addition to all U.S. state claims, we recently added UK, Australia, Canada, Israel and British Columbia unclaimed money links. FACT:An estimated 7 out of 10 Americans are owed unclaimed money. FACT:The U.S. Government DOES NOT have one central database for unclaimed money ...
Current legislation around pensions is complex, and the impact it could have on you is highly dependent on your personal situation and tax position. 4. Gifting strategies: pass on your wealth If you’re looking to pass on your wealth, an annual inheritance tax (IHT)-exempt gifting allowance ...
You can also pass on your funds to your beneficiaries free of inheritance tax. Targeted savings to suit your retirement plans –We manage your portfolio around your target retirement date and will update your pension portfolio risk recommendations as the date approaches. Expert guidance, every ...
Can I buy another house before I sell mine? Updated for 2025. Because who wants to move twice? To buy a new house while selling Read More » January 14, 2025 What’s The Best Thing To Do With A Large Inheritance? After receiving a large inheritance from a loved one, you may wonder...
250 are currently required to pay for their own care; at least until the money (and the children’s inheritance) runs out. The money may run out quickly. The average cost of a UK elderly residential home is £60,000 a year, rising to £73,000 a year if nursing care is required...