Tax & Technical
Tax & Technical | 14 Nov 18
WHAT YOU NEED TO KNOW ABOUT OFFSHORE BONDS
Personalised portfolio bonds (PPBs), often promoted simply as offshore bonds, have a place in the toolkit of all IFAs providing advice to expats that need to move from country to country, and who require a wide range of investments and various tax benefits. While financial planners should never put themselves forward as tax advisers, deferred […]
Tax & Technical | 9 Nov 18
What advisers need to know about extradition
To properly advise clients, it is important for any international financial adviser to be aware of legal systems that can reach across borders. Today, many legal tools exist that are specially tailored to resolving disputes, including those overseas. Two such tools are Interpol’s ‘Red Notice’ system and European arrest warrants (EAW). This article is aimed […]
UK launches inquiry into taxation of trusts
HMRC is seeking views and evidence on whether the current regime is transparent, fair and simple
Tax & Regulation | 6 Nov 18
UK hikes ‘death taxes’ with new probate system
Probate fees capped at 0.5% and threshold raised to £50,000, however, industry remains sceptical
Retirement | 6 Nov 18
THE PROS AND CONS OF QNUPS
Since HM Revenue & Customs (HMRC) introduced the Qualifying Non-UK Pension Scheme (Qnups) in 2010, there has been much interest but little uptake of these as standalone pensions. Initially, Qnups were regarded as inheritance tax (IHT) planning vehicles. However, the primary purpose must be to provide retirement benefits. The limitations on how these benefits can […]