The list below is a collection of articles that refer to, mention or discuss Wealth
Tag: Wealth
Contractors Pay £1bn To HMRC Over Disputed Loan Charges
Expats who took advantage of borrowing money from their contractor companies rather than taking salaries to minimise tax are under siege from the UK...
Older Borrowers Unlock £840m Cash From Property
Older homeowners are drawing cash out of the value of their properties to pay down their debts, suggests new research. The money is settling mortgages,...
Top 10 Jobs And Tax-Free Salaries In The UAE
If you are an expat looking for that highly paid tax free job in the United Arab Emirates, here’s the low-down on the top...
How A Pension Break Can Impact Retirement Finances
Taking a break from making pension contributions can cost much more than the savings by the time a saver retires, argues a new study. The...
UAE Tax-Free Cash Bonus Is Retirement Boost For Expats
Expats are relying on their tax-free end-of-service gratuities in the United Arab Emirates to bolster their pension savings. Nine out of 10 expats are paid...
Pension Complaints Rocket By 24%, Says Ombudsman
Complaints about pensions have soared by 24% in a year, says the Financial Ombudsman. The independent adjudicator highlighted poor advice is putting some people’s lifetime...
No One From UK Makes The World Billionaire Rich List
No one on the British rich list of the country’s wealthiest people has a personal fortune that would put them anywhere near a top...
FATCA List – May 2019
The US Internal Revenue Service’s list of foreign financial institutions reporting under the Foreign Account Tax Compliance Act (FATCA) grew by 6,651 in April. The...
British Tax Man Can Reach Out To Expats, Court Decides
The long arm of the British tax man can reach out to expats in other countries, a court in London has decided. The UK Court...
Call To Offer Savers More Pension Transfer Choice
Retirement savers should have more choice than leaping off the all-or-nothing transfer cliff when moving funds away from a workplace pension, says a leading...
The World’s Getting Richer, Says Latest Wealth Data
Household income has picked up across the countries that make up the Organisation of Economic Co-Operation and Development (OECD). The latest data from the OECD...
Quick Guide To Making A SEIS Investment
The Seed Enterprise Investment Scheme (SEIS) is considered a world leader in raising start-up cash for entrepreneur with new business ideas. Investing is straightforward and...
HMRC Makes Reclaiming QROPS Transfer Charge Easier
Expats who have wrongly paid the QROPS overseas transfer charge have a new set of rules to follow. The Pension Schemes (Information Requirements – Repayment...
Come Clean About Stealth Taxes, Urges Think-Tank
Successive Chancellors of the Exchequer have stealthily increased tax rates for hundreds of thousands of high earners by freezing, a think-tank study has revealed. Economists...
Grieving Families Pay Record £5.6 Billion Inheritance Tax
Families have paid a record £5.6 billion inheritance tax despite the government increasing tax breaks. In the 2018-19 tax year, the IHT tax take increased...
Central Banks Stockpile Gold To Drive Up Global Demand
The demand for gold hit grew 7% year on year on the first quarter mainly driven by central banks stockpiling more of the precious...
WASPI Women Despair Over Their Retirement Finances
WASPI women have more than the money they have lost due to state pension changes, says a new report. Millions of women have seen their...
Investing For A Retirement Until You Are 100
Deciding how much to save for retirement is always a thorny problem – but new longevity data pinpoints people may have to plan to...
Making Yourself Ready To Invest
You have several pounds saved in a bank and you want a better return than the poor interest rate you are getting, so what...
Passports For Sale Are A $2 Billion A Year Business
Selling citizenship and residency wrapped up as investment programs is big business for many nations. The industry is reckoned as worth $2 billion a year...