With the date for the 2019 Budget having been confirmed as April 2nd, attention is turning to what the Treasurer may have in store for us in this pre-election budget. In previous years we have seen a raft of measures which have impacted on the financial wellbeing of Australian Expats. Ian Black – AAM Head of Financial Planning and Wealth Solutions – will discuss the changes introduced in the Budget, how these will impact you and what you can do about them and the key Labor proposals likely to come in if they win the election in May.
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Income from a property in the UK is usually subject to UK tax wherever you reside. However, depending on your nationality and country of residence, you may be entitled to the UK personal tax allowance.
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This year’s Autumn Statement was much awaited as the first set piece for the new Chancellor, Philip Hammond. In the days immediately following his appointment Mr Hammond had spoken about…
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A Bank of England economist says investing in houses is more profitable than pensions! This is why he’s wrong…
Read more →A Bank of England economist says investing in houses is more profitable than pensions…..This is why he is wrong – detailed version
Read more →George Osborne’s move to allow families to pass on estates worth up to £1 million free of inheritance tax (IHT) was warmly received, but is far less generous than it first seems.
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Following the recent Summer Budget there have been many who suggested that the boom in buy-to-let may be living on borrowed time. Two significant changes to tax rules for buy-to-let investors in residential property were revealed in the Budget.
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What you need to know if you’re not a resident in the UK and would like to sell a UK residential property. Download our FAQ guide for more information.
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