The State Pension Age Rise

20th July 2017

An overview of the state pension age rise 6 million people will be affected by the recent Government announcement that the state pension age rise to 68 will now be brought in between 2037 and 2039. This was originally set to be phased in from 2044. The Government has also committed... read more

Posted in: News, Pensions

An Update on Changes to Domicile Rules

17th July 2017

Changes to domicile rules are on their way. The Financial Secretary to the Treasury has released a written statement regarding changes to domicile rules. In this statement it’s made clear that the items dropped from the Finance Bill on the calling of the General Election will be reintroduced in... read more

Posted in: Capital Gains Tax, Inheritance Tax, News

The Cayman Islands Pension Reforms

16th June 2017

The Cayman Islands Government has made recent pension reforms to its laws, which will come in to effect at the end of 2017. Here’s an overview of these reforms and what they may mean for you. About the Cayman Islands Pension Reforms The reforms now place the Cayman Islands alongside... read more

Posted in: Financial Planning, News, Pensions

Can a Trust Help You?

16th May 2017

There are few taxes more unpopular than Inheritance Tax. A poll by the financial website, loveMONEY last year found that an incredible 90% of Brits believe it is unfair. However, there are a number of perfectly legitimate ways to reduce the amount of tax your estate will have to... read more

Posted in: Estate Planning

Is One Lasting Power of Attorney Enough?

2nd May 2017

How we look after older people requiring care is at the top of the national agenda at the moment, as the Government grapples with the care funding crisis. More people than ever before need care in their old age, with dementia a growing problem. According to the Alzheimer’s Society,... read more

Posted in: Estate Planning

Updated Inheritance Tax Guide

19th April 2017

Introducing our new Inheritance Tax Guide. In 2015-2016 over £4.7 billion was paid to the UK Government in Inheritance Tax (IHT) revenues. Prior planning and preparation can significantly reduce the amount you pay. We have created an easy-to-follow guide to help you understand and reduce Inheritance Tax, and help... read more

Posted in: Financial Planning, Inheritance Tax, News

Before You Forget…

14th March 2017

Considering what will happen if you or your partner becomes unable to make decisions for themselves due to old-age memory issues or dementia can be an uncomfortable thought: At breakfast this morning, a woman said to her husband: “My memory is getting really poor, I went upstairs yesterday to... read more

Posted in: Estate Planning

Should I be Trusting?

There are many positives to creating a trust. They can help you reduce your tax burden and protect your intended beneficiaries. However, there are many different types of trust and understanding the differences between them will help you establish which is right for your circumstances. Discretionary trust With a... read more

Posted in: Estate Planning

Changes to the Tax Treatment of Non-Domiciles

30th January 2017

New Tax Rules for UK Non-Domiciles are to come into effect from 6 April 2017. Draft legislation on most of the changes has been included in the Finance Bill 2017 which was published on 5 December 2016. There have been some changes since the previous proposals, in particular the... read more

Posted in: Capital Gains Tax, News, Tax