solutions
Overseas Pensions
There are many overseas pensions advisers in the marketplace who advise that taxes need not be paid in the overseas territory (see below) This constitutes tax evasion which is increasingly likely to lead to penalties, interest and, in extreme cases, deportation or imprisonment.
Defined Benefit (DB) Optimiser
We analyse each client’s needs and their pension arrangements, then apply our innovative cost-down and de-risking toolkits. The improvements can be dramatic.
Each toolkit contains a score or so of tune-up tools: many of which are thoughtful ways to implement old ideas or completely new ideas. All are tried and tested.
Non Domicile
Expatriates need to take special care in structuring their offshore banking arrangements, to avoid an unplanned remittance of funds leading to unforeseen tax charges. Areas for consideration include share options and other share plans, remittances from mixed funds, the £30,000 payment, termination payments and restriction of PAYE withholding.
PSA Optimiser
PAYE settlement agreements (PSA’s) are now a common way for employers to manage the payment of tax and and NIC on minor and irregular benefits. However, few employers realise that the rate of tax and NIC that is being paid in connection with such benefits can be as high as 88%.