UK Expatriate Exodus - Key Points to Consider Ahead of Your Departure From Switzerland

Published on: 08/18/20 02:39:pm Repatriation UK Expat Leaving Middle East

As the COVID-19 global pandemic continues to grip the world, national economies have contracted at unprecedented rates with businesses around the world making job cuts.

As a result, thousands of international workers in Switzerland are faced with an unexpected and unplanned quick return to the UK. With that in mind, have you considered what happens to your savings and pensions when you leave? 

The Tax implications back home, are far from straight forward and when the time comes to pack up your belongings to return home, 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 e-guide now to get the facts about returning home.

  • 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
  • The true meaning of 'offshore saving'

Download your FREE e-guide that answers the most sought after questions expatriates have when leaving the region:

Inset Exodus 4UK

If you are a British expat living overseas, you are most likely earning more as a result.

 

You could still be deemed a UK domicile, this means UK Tax liabile.

 

 

 

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