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....
Forget COPE. It's a source of endless confusion and only used to work out the starting level of your state pension (you get the better of the 'old' and 'new' system). If you're really curious, seehttps://forums.moneysavingexpert.com/discussion/6445947/good-and-short-explanation-of-cop...
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...
Completing your Self Assessment can be daunting. Read this guide on submitting a tax return for sole traders or self-employed and learn all you need to know.
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...
Americas Europe Middle East Africa Asia Canada USA Bahamas Barbados Bermuda Cayman Islands Guyana Jamaica OECS Trinidad & Tobago Virgin Islands (British) Apply nowmyACCA Scope creep is a major cause of stress for accountants. AVN discusses how we can change this...
We would encourage everyone to speak to a Wealth Planner as part of your planning – to ensure that both you and your planner can continue to work towards your secure financial future, no matter what that future might look like. 2. Strategic savings: use your ISA tax allowance Individual ...
Becoming rich isn’t easy, especially if you’re starting from scratch and not getting an inheritance. It takes a lot of hard work. But as it turns out, it’s almost just as hard to define what being rich is. If you’re thinking, “Am I rich, or merely really well off...
Reeves has also attempted to attract investment by proclaiming Britain to be a “safe haven” in a world beset by political uncertainty. One FTSE 100 boss says this could work: “International investors do see that the UK is under new management and the rest of the world is a bit of a ...
A Roth IRA is generally the better choice if you think you will be in a highertax bracketafter retiring. Income tax rates could increase. Or your overall income could be higher due to a variety of factors, such as Social Security payments, earnings on other investments, or inheritances. If...