Five steps to planning a tax-efficient return to the UK
26 Jul 17
International tax and wealth management firm Blevins Franks has identified five key planning issues for UK citizens wanting to avoid punitive tax implications when making their move from Europe back to Britain. Click on the slides below to see them.
Pension-wise, careful, early planning is essential for expats who have made decisions based on tax-compliant opportunities in their current country of residence.
In order to make their move as straightforward and tax-efficient as possible, it is important to review all the tax and wealth management considerations before leaving Europe and becoming liable to UK taxation.
This is where qualifying recognised overseas pension schemes (Qrops) could come in handy.
“If you transferred your UK pension into a Qrops, you need to take specialist advice on the best way forward,” Blevins Franks suggested.
Tags: Brexit | Estate Planning | Qrops | Residency
