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Posts matching 'Retirement'

UK Pension Tax Relief Amounted to £51.6B Last Year

The HRMC has revealed that the cost of pension tax relief in the UK last year amounted to the astronomical sum of £51.6 billion. This is due to the tax relief that UK citizens receive on contributions to their pensions (up to the annual allowance limit) and the NI relief that employers also receive on […]

How your UK pension could be changing in 2023?

With the recent turbulence in UK politics resulting in budget reviews and u-turns, it has been a time of uncertainty when it comes to government policies, as nothing seems set in stone. These constant developments have been concerning for many as the cost of living crisis puts pressure on much of the population to plan […]

What are the best cities to move to in Portugal?

Any expats still looking for incentives to move to Portugal need only look at the sheer variety of styles, culture, and activities in Portugal’s major cities, charming rural towns, and quaint seaside resorts; Brits moving to Portugal will find there’s an area to suit every lifestyle. Lisbon Many expats choose to join Lisbon’s 504,718 population, […]

How to be financially prepared for 2023?

This past year has proved precisely how unpredictable the economy can be, and how quickly the changes can impact investments and our day-to-day lives This turbulence can be deeply disruptive, not only to our finances but also to our quality of life and mental health,  especially when you are in the process of trying to […]

The Best European Cities for Expats to Live and Work

Making the decision to move abroad is never easy; often, choosing where you want to move to can be one of the most overwhelming choices to make, with a host of factors and questions to consider. With such a wide array of interesting and vibrant cities across Europe, it can be difficult to know where […]

Autumn Statement from the Chancellor

Yesterday at 11.30 a.m, Jeremy Hunt delivered his first Autumn Statement as the new Chancellor. As he had pre-warned this included some ‘eye watering decisions’ as he set out the government priorities of stability, growth and public services. Given that the UK economy is in recession according to the Office of Budget Responsibility (OBR)this was […]

UK Workers Unprepared for Retirement Compared to Europeans

With the cost of living crisis worsening in the UK, many workers are concerned about the future as well as the present as the pressure of rising interest rates and the prospect of a recession makes it increasingly difficult to put money aside for retirement.  However, when compared with the population of mainland Europe, it […]

Spanish inheritance tax for expats explained

With retirement on the horizon, it’s only natural for many of us to start thinking about how we’d like our estate to be split between our nearest and dearest. While creating a will is an invaluable first step, it’s also wise to consider how much tax will be levied against your relative’s inheritance; especially if […]

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