Archive for the Articles Category

Are you in control of your pensions?

AAM Are you in control of your pension

When planning for retirement you need to consider what retirement means to you; where you will be, what you will do and how much money you will need.
For some of us retirement is just around the corner and very real while for others it is years away and feels like a hazy dream. Whatever retirement is to you, if you want it to be exciting and fulfilling it is clear that forward planning is needed.

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Farewell to Section 10

AAM Farewell to Section 10 SA Tax

With the beginning of the 2020-21 tax year South African expatriates have had to come to terms with the abolition of the Section 10 exemption of overseas employment income and its replacement with a R1.25m allowance with income in excess of this taxable in South Africa.

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At last the Autumn UK Budget…

AAM Autumn UK Budget

In many respects 2019 was an unusual year. One of the oddities was that the entire year passed without a UK Budget.
The Autumn 2019 UK Budget was meant to happen on 6 November, but the General Election intervened. In the subsequent campaign, the Conservatives said that during their first 100 days in power they would deliver “…a post Brexit Budget in February which will cut taxes for hardworking families”.

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Is It retirement or financial independence?

AAM Is it retirement or financial independence

For almost every post industrialist generation that came before us, the formula was simple:
Work to the age of retirement, usually somewhere around 65, claim your pension, and live out your life doing something that you actually want to do rather than have to do, and acquire, hopefully, enough money to do both that and last to the end.

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You should act now to plan for the increased retirement age in Singapore.

AAM Retirement Planning Singapore
With proper financial planning, it is possible to retire at 55 and have enough funds to last into your 80s Prime Minister Lee Hsien Loong announced at the 2019 National Day Rally that Singapore is going to increase its retirement age to 65 in 2030. This is [...]Read more

New year, new financial you

AAM LinkedIn Post New Year New Financial You
New year, new financial you Happy new year. It is hard to believe that 2020 is here already and that the millennium was 20 years ago! There is nothing like the start of a new year, or even a new decade, for making resolutions.  If you’re one [...]Read more

Exposing the myths on UK Inheritance Tax – Part 3 of 3

AAM Exposing the myths on IHT Part 3

When it comes to saving money for retirement, many people state a preference for property over pensions. This is in spite of the fact that consecutive UK Governments have placed a greater tax burden on buy-to-let investors. Others are tempted to rely on their main home, either by downsizing or releasing equity.

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Following tax changes, is now the right time to consider selling your UK property?

AAM LinkedIn Post UK Property
UK Expats need to consider the tax implications of owning and renting UK property. The impact of recent UK tax changes is very serious for expats owning UK property that was previously their family home. So much so that selling the property may seem the only sensible [...]Read more

Exposing the myths on UK Inheritance Tax – Part 2 of 3


Prior to the 2010 election, David Cameron announced an ambition to raise the inheritance tax threshold to £1m per person. More than seven years later, strictly speaking the IHT threshold is still £325,000 per person and £650,000 for a married couple.Instead, on 6 April 2017, a significantly watered-down version of his promise was delivered in the form of the residence nil rate band (RNRB). This was made available for inherited residences (or financial wealth that represents properties once lived in), in addition to the existing IHT nil rate band (NRB) which was then and currently remains at £325,000.

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Increased tax liabilities of up to 26% for South African expats

Are you aware that from 1 March 2020, foreign earnings over ZAR1m are to be taxed at South African rates?  This applies to you, if you are classified as a ‘physically present’ or ‘ordinarily resident’ South African tax resident. As a South African expat living in Singapore, [...]Read more