For Brits living in Poland or Poles who have returned home after living in the UK, one of the big questions involves what to do with any pension schemes that they have accumulated in Britain.
This detailed QROPS guide is designed to provide UK expats with an impartial overview of QROPS and overseas pension transfers.
Many factors are involved in the calculation of a defined benefit pension transfer value. To many, the process remains a “black box”.
If you live in a country that has a Double Tax Treaty with the UK, you can obtain a no tax (NT) code to avoid being taxed on your pension twice.
Businesses fail. Jobs don’t work out the way you hoped. Investments go awry. Life gets in the way of even the best financial plans, even for Robert de Niro.
As an expat, there are a number of options open to you when it comes to accessing your pension. It pays to know what you can and cannot do.
Now that we know that it is definitely going to happen, this post looks in detail at how UK expat pensions might be affected after Brexit.
A summary of the changes for tax year 2019/2020 that affect UK expats.