hmrc qrops

Well not quite, but the tax man has had a long runing dispute with Mr Gaines-Cooper who thought he followed HMRC guidelines (IR 20) and as such was an X resident for tax purposes having bought a home in Sri Lanka. However the tax man has recently challenged his status applying other factors regading his lifestyle. Although Mr Gaines-Cooper did buy a property abroad and stated this was his home he still retainned property and his family in the UK. So how reliable are the Tax Mans rules in this... Read more

At Gerard Associates Ltd we continue our daily look at factors affecting markets and currencies allowing some insight into conditions affecting exchange rates. Cash and income timing from a UK Pension income drawdown, flexible pensions or QROPS (Qualifying Recognised Overseas Pension Scheme) should be considered to maximise the Pension drawdown, QROPS and investment income taken. Investment market volatility and currency exchange remains a challenge. The global economics are volatile and... Read more

At Gerard Associates Ltd we continue our daily look at factors affecting markets and currencies allowing some insight into conditions affecting exchange rates. Cash and income timing from a UK Pension income drawdown, flexible pensions or QROPS (Qualifying Recognised Overseas Pension Scheme) should be considered to maximise the Pension drawdown, QROPS and investment income taken. Investment market volatility and currency exchange remains a challenge. The global economics are volatile and... Read more