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Why Consider Pension Consolidation?

With pensions set to be included within estates for Inheritance Tax (IHT) purposes from April 2027, having multiple pension pots may no longer be simply an administrative inconvenience, it could create significant complexity for families at an already difficult time. Over the course of a working life, many individuals accumulate numerous pension arrangements. Changing employers, […]

Offshore Investment Bonds: A Strategic Response to Narrowing Tax Allowances

Frozen allowances. Rising effective tax rates. Reduced exemptions. From April 2026, higher rates on capital gains and dividends will continue to erode after-tax returns. From April 2027, further changes affecting savings interest and rental income will narrow planning flexibility again. For investors who have traditionally relied on general investment accounts (GIAs), the cumulative effect is […]

End of Tax Year 2025/26: Key Deadlines and Tax Planning Opportunities Before 5 April 2026

As the UK tax year draws to a close on 5 April 2026, the window to optimise your allowances and structure your wealth efficiently is narrowing. For high-net-worth individuals, business owners and internationally mobile families, the weeks before year-end present important opportunities — not only to reduce tax exposure, but to strengthen long-term wealth strategy. […]

Fraud Notice

Blacktower Financial Management have been made aware of certain fraudulent schemes that have been conducted by individuals or organisations claiming to represent Blacktower Group. This type of fraud tends to occur through online services including bogus websites, social media accounts, or through unsolicited emails or text messages. The aim of the fraud is to trick […]

Government extends deadline for expats to secure full UK pension

Expats who have missed filing national insurance years from 2006 to 2016 now have until 31st of July 2023 to secure a full UK state pension. The previous deadline of the 5th of April 2023 has been extended, with the government announcing yesterday they’re granting expats more time to get their paperwork in order after […]

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 […]

Navigating Investing in Turbulent Markets

The past few years have been a trying time for anyone navigating the world of investment or in possession of illiquid assets; the combination of disruptive events, including a global pandemic, political unrest, and economic uncertainty has created a turbulent market that has been almost impossible to predict. For many investors, the automatic response to […]

Tax Benefits of the Non-Habitual Resident Status

Over the past few years’ Portugal has developed a reputation as the new tax haven for affluent and high net worth individuals, all of whom wish to achieve tax optimization by relocating to a friendly, discreet and safe EU country. With Portuguese residency they are able to acquire a special tax regime, with many attractive […]

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