High earners have been in this Budget’s cross-hairs – especially if they also have investments, rental property, big pension contributions or a £2m+ home. This is a pretty tough financial planning day for these folks. So let’s digest the budget 2025 for those that are climbing the career ladder and have 20 years remaining in […]
‘The Hard Road’, tougher saving journey for high earners after UK Budget 2025 Read More »
Budget 2025: How Income, Savings and Investment Are Really Changing The 2025 Budget marks a decisive shift in how the UK government taxes income, savings and wealth. What a mucky field now. While the headlines focus on stability and fairness, the small print reveals a structural re-engineering of the tax system — moving the burden
The government has announced in the 2025 Budget that the UK income tax thresholds will be frozen until April 2031 (a further 3 years from the original plan). This apparently technical change in how income tax is collected has wide-ranging consequences for household finances and long-term wealth building. By 2031, tax thresholds will have been
Freezing Income Tax Brackets 2031 (Budget 2025) Read More »
David and Maria are British citizens who lived and worked in the U.S. for several years. Their daughter, Isabella (8), was born in the U.S. and is a dual citizen. They returned to the UK three years ago, but do expect to return to the USA, but as their daughter is a US Citizen, they
We often get asked how we came to specialise in financial planning for American citizens and dual-citizens. It wasn’t a case of a business plan, drawn up in a business school; it was a question of life, lived overseas, from an early age, and taking a much broader view of the world than many of our
Dual Citizen Financial Planning: The Story Behind Our Specialism Read More »
This document gives your permission for Edale UK Management Ltd to get information from other financial groups on the accounts we have discussed with you. To complete the form: Edale Letter of Authority EDALE UK Management Ltd Phone +44 20 799 35 360 | hq@edale.co | www.edale.co Letter of Authority and Engagement Dear Sir /
Letter of Authority Read More »
President Joe Biden signed the Social Security Fairness Act into law on Sunday (5 Jan 2025), a landmark act that will remove the reduction of retirement benefits for those receiving non-covered pension income. This transformative law ends the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO), two controversial changes that have been detrimental
Professionals accelerating up the corporate ladder or high earners face complications as their incomes break through different thresholds. A pair of rules where you earn two pounds and lose a pound creates a real dilemma for people who want to plan their long-term futures. Known as the “60% Tax Trap” and “Taper Tax”.. We have
High Earners Dilemma: Avoiding Income Tax Traps Read More »
Picture a street of rainbow-coloured houses. On one side of the road is a British tax inspector with one rulebook; on the other side of the street an American tax inspector with another rulebook. Each house in the street represents an investment product or ‘tax wrapper’. Each tax inspector’s has different rules so looks at
A Tale of Two Taxmen: How the UK and US View Tax Wrappers Read More »
New documents published by Mcgrathnicol linked to the liquidation of Brite Advisors Pty Ltd (these are listed below) begin to outline some actions that beneficiaries will soon have to complete. To provide some guidance on what a beneficiary should expect, we have attempted to summarise the documents. From the documents provided, beneficiaries have several essential
Actions on beneficiaries for Brite Adviser liquidation Read More »
ISA Season. Open Shares ISA Online. Accepts US UK Citizens. More details.
