Archive for Category: Blog

Lifetime Allowance (LTA) Tax charges and Levels of Protection available.

The lifetime allowance tax was introduced in 2006 at a level of £1.5 million. It then increased each year to 2010,when it reached a level of £1.8 million. Since 2010, there have been a number of pension reforms which have led to the lifetime allowance being reduced. Its current level in the 2016-17...

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What is UK Inheritance tax?

In the United Kingdom, Inheritance Tax as we now know it was introduced in the Inheritance Tax Act 1984 and is still mostly governed by the legislation today. UK Inheritance Tax is a tax on UK Domiciled Individuals on their worldwide estate (their property, money and possessions) when they...

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Why are expat mortgages now harder to come by?

New rules that were introduced in 2014 made things tricky for all potential borrowers whose income and expenditure had to be evidenced after this time. For expats things are tougher still. Following European rules introduced in 2016, individuals paid in a foreign currency must now come under closer scrutiny during...

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