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
When you move abroad, any pension plans you have in the UK may not be able to provide the pension solution you expect. Depending on your residency and the specific product you hold, your retirement options will be impacted. Annuities are often a no. Taking flexi drawdown may be unavailable as the remaining 75% cannot be put into
Living outside the UK with Phoenix Life or Reassure Pension: Options Read More »
Lived or worked in the UK, and now reside in South Africa. Uncertain about UK pensions in SA? Should you leave your pension in the UK? Is a transfer possible? What tax implications apply under the UK–South Africa treaty? Edale unpacks what South African residents need to know about UK pensions, explores your options, and
Right UK Tax Code for Your Pension — Whether You’re in the UK or Living Abroad Non-UK resident and receiving a pension from the UK? Your pension provider must be using the correct tax code so that your pension income is paid out correctly. The HMRC tax code informs your pension provider how much tax
Expat HMRC NT Tax Code for Pension — Double Taxation Agreement UK and where you live Read More »
Lawrie Chandler gave me helpful, clearly explained advice in our one-to-one consultation on considerations for US persons regarding UK pensions. He is very good at breaking things down and demystifying terms and options, and his friendly and sympathetic manner were particularly welcome.
Clear explanations and advice with a human touch Read More »
If you’re a British expatriate returning to or having returned to the UK moving QROPS may be something you are researching. With the Lifetime Allowance gone, tax-free cash loopholes closed, and QROPS also included in the estate for IHT from April 2027 – are there merits to leaving it abroad. Here are things to know,
QROPS: Transfer Pension back to the UK Read More »
Receiving a significant financial windfall—be it from the sale of a property, a hard-earned business sale, a substantial inheritance, a redundancy payout, or compensation for injury—is a life-altering event. While it can bring an immense sense of security, the responsibility of managing a large sum of money can also be daunting. The primary concern for
How to Safely Protect and Invest a Large Sum of Money in the UK: A Comprehensive Guide Read More »
An International SIPP (Self-Invested Personal Pension) is a UK pension for UK expats who want to manage their UK pension investments whilst living overseas. A Self-Invested Personal Pension (SIPP) is a pension registered in the UK, and where the investor (you) has significant control over the investments within that pension. As an investor, you can
International SIPP: A UK Personal Pension for international people Read More »
If you’re looking for financial advice related to life-changing circumstances or need assistance planning for a family member who needs extra support and care, Edale can assist. Supportive financial conversations are critical in these situations. Care for financial assets is more than numbers; we feel it’s about what we say is “wellbeing” or building “good
Financial advice where extra support and care needed Read More »
ISA Season. Open Shares ISA Online. Accepts US UK Citizens. More details.
