Government Planning

Sandy King
In the News

Government Planning The Government is gearing up for a major raid on some of Britain’s most generous pension schemes which could see doctors’, teachers’ and senior executives’ retirement funds cut by more than a quarter, the Telegraph understands. In private talks with industry, ministers have floated plans to move savers with final salary pensions into… continue reading »

Pension Reforms confirmed

Sandy King
In the News

Pension Reforms Confirmed, Expats and Non-Doms face Tax Rises, Cheaper to Buy UK Property. 12/04/2014 The UK Chancellor, George Osborne, made plenty of small tax tweaks in his 2014 Autumn Statement that affect non-resident expats, as well as UK residents and non-domiciled individuals who live in the UK. In that sense, it was a budget… continue reading »

2014 Budget – Changes to UK pensions

Sandy King
In the News

The 2014 budget includes radical changes to the UK pensions taxation system. Some of the changes are immediate, others are proposed to take effect from April 2015 after consultation. Changes from 27 March 2014  1. For the over 60´s pension rights worth up to £30,000 may be taken in cash, but 75% of the amount… continue reading »

FATCA – 1 July 2014 – will not be delayed

Sandy King
In the News

A top official of the US Internal Revenue Service has told a New York audience of lawyers and tax experts that the Foreign Account Tax Compliance Act will not be postponed again‚ a US law journal has reported. IRS deputy commissioner Michael Danilack’s comments, made on 28 January followed his address to the New York… continue reading »