As we say goodbye to one UK pension allowance, two new ones replace it
The pensions Lifetime Allowance and resulting tax charges was abolished under the UK’s 2023 spring budget. However, life is never simple with UK pensions and new tax-free limits are set
Buying property in Portugal? Six tax considerations
If you are looking for your dream home in Portugal, enjoy the search. There are so many wonderful properties here in fantastic locations, you’ll be spoiled for choice. It is
Moving to Portugal? The tax and wealth management essentials to know before you go
While it is never too late to review and adjust your financial planning for living in Portugal, if you are still planning your move, it pays to do your research
Mastering tax efficiency – navigating tax responsibilities when relocating to Portugal
When it comes to financial planning after a move to Portugal, ensuring proper tax management should be a top priority. Doing so will help you to avoid overpaying taxes unnecessarily
More families than ever caught in UK inheritance tax net
The 2022/23 tax year proved to be yet another record year for UK inheritance tax (IHT) receipts. This is expected to keep growing, so what can you do to protect
Why retirement planning matters at any age
Whether you are nearing retirement or it is several years away, it is never too early to start thinking about how you will finance your golden years. Even if you
How are your savings protected? Bank deposit guarantee schemes
With the global banking industry back in the news again, this is a good time to look at what bank guarantees are in place in the event of institutional failure.
Tax and pensions
We work hard to build up our pensions for a secure and enjoyable retirement. But while our pensions feel like our money, set aside for retirement, they are still liable
Determining and proving domicile
Domicile is an important issue for British expatriates. You remain liable to UK inheritance tax on your worldwide assets for as long as you are domiciled in the UK. While
Strategic financial planning for 2023
This New Year, make it one of your resolutions to check your financial planning is on track to meet your needs and protect your family’s long-term financial security in Portugal.