10 Key Areas to Consider Before Selling Your Business
With the significant increase in both activity and confidence in the North Sea, and the strong business ties between the UK and the Scandinavian countries of Norway and Denmark, we have seen an increase in business activity through 2018, and continuing into 2019. Whilst this is undoubtedly good news for business, companies do need to be aware of their associated tax reporting obligations.
Have you worked around the world – now retiring with an Overseas Pension fund and wondering how will this be taxed …?
Working overseas can be an important part of any career, and is increasingly common in a global marketplace, but the result can be that a significant portion of retirement savings may often be accrued overseas in a variety of different schemes. How these pensions are taxed when they are paid to a retiree in the UK can be very different, depending on when these pension benefits accrued, where they were resident when accruing benefits, the type of pension involved, and crucially how the pension benefits are then distributed.