HMRC is changing the way that Capital Gains Tax is paid on the sale of UK property.
The new rules apply to expats/non-resident individuals as well as those who are UK resident and take effect from 6th April 2020.
Why you should make a will
If, like many expats, writing a will is something that you know you need to do, but you just haven’t got round to it, here are four good reasons why you should address this sooner, rather than later.
Are Premium Bonds as good as they used to be?
I was tidying my documents the other day (yes, I do eat my own cooking 🙂 ) and came across an old Premium Bond certificate that I received as a gift around the time that I was born.
With fingers firmly crossed I checked the website to see if I was a lucky winner, and…… I wasn’t.
Which means that in the past 46 years that I have held them, I have won absolutely nothing in Premium Bond prizes.
This inspired me to look more deeply into the merits of Premium Bonds as an investment.
…How will a no-deal Brexit affect my pension as an expat in Poland?
In the wake of Theresa May’s resignation and the likelihood that her replacement will come from the “brexiteer” side of the Conservative party, I thought that it would be worth looking at the implications of a no-deal Brexit on pension payments for expats in Poland.
The first thing to be clear on is that, irrespective of the nature of Britain’s exit from the EU, those living in Poland or elsewhere in the EU will still receive their pension payments.
The issue lies with exactly how much these payments will be worth and how they will be paid.
…Expat financial advice: Beware the silent assassin
Are you in danger of falling prey to the financial assassin?
Sitting on a large pile of cash might make you feel cozy and secure. However, it is akin to letting real money flow down the plug hole.
Why? Due to inflation.
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New UK tax year (2019/2020): Implications for expats
We ticked over into UK tax year 2019/2020 a few weeks ago and this brought a resetting of thresholds and allowances for the next 12 months.
This post summarizes the changes that specifically affect expats. …