The end of the Furnished Holiday Letting (FHL) tax regime on 5th April 2025: With effect from 6th April 2025, all Furnished Holiday Lettings will be treated the same as any other residential letting business and all the benefits of an FHL will disappear. In the notes below we describe the transitional arrangements. After 5th […]
Category: Pension
Returning to the UK? Here are 7 nasty surprises you might want to avoid
Been living abroad and are thinking of moving back to the UK? Here are a few nasty surprises you might want to avoid. Every year about 60,000 people return to the UK, having lived abroad for several years. If you are planning to return, here are some surprises to avoid: Charges on importing your belongings […]
Pensions for high earners
I am a UK high earner and receive a pension: what changes have been made to the Lifetime Allowance? Published 3rd April 2023 This note applies to UK residents only Lifetime Allowance The government announced that from 6th April 2023, the Lifetime Allowance Charge (applied where the Lifetime Allowance was exceeded) will be removed. The […]