How to minimise the tax you pay and get the most out of your time in the MENA region
Published on: 10/02/19 12:31:pm
It's most likely that your career brought you to the Middle East, and with over 50% of expats only staying for less than seven years, it's safe to say you probably won’t be here forever.
With that in mind, have you considered what happens to your savings and pensions when you leave? Did you know you may still be liable for UK Tax's? It’s also crucial to consider what happens to your status when you leave.
The Tax implications back home, are far from straight forward and when the time comes to pack up your belongings for the next chapter of your journey, the impact on your wealth is not to be underestimated.
However, with a little careful planning, you can ensure you are prepared for all eventualities and ensure you don’t lose any more of your hard-earned cash than you have to.
Download your FREE UK/Middle East Tax and Savings update 2020 and find out:
Are you liable to pay UK income tax or Capital Gains Tax.
Are you liable for UK inheritance Tax
Who qualifies for non- resident status
When will your State Pension be due
The value of topping up your NI contributions whilst overseas
How to avoid an unexpected tax bill from the UK
How you can legally reduce your IHT liability
What the LTA (Lifetime Allowance) is, and how you can protect against it
The tax increase on your UK property
Why your existing insurance might not cover you while you’re in the Middle East
The true meaning of 'offshore saving'
The facts about Sharia Law and your money
Download your FREE e-guide that answers the most sought after questions expatriates have when living in the Middle East:
If you are a British expat living in the Middle East, you are most likely earning more as a result.
You could still be deemed a UK domicile, this means UK Tax liability.
Get the facts from the experts, download your FREE
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Download your FREE UK/Middle East Tax and Savings Update 2020 e-Guide.