Financial Surgery in the French Alps
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Financial Surgery in the French Alps

Financial Surgery in the French Alps

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Annecy

Imperial palace

Annecy

France

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Monthly financial surgeries in and around Annecy

▪Pensions Audit ▪Estate Planning ▪Investments ▪Currency Options ▪Tax Planning Advice

We are running monthly financial surgeries to give you the opportunity to discuss matters relevant to your financial situation post Brexit.

One particular point to focus on this year is UK Pensions.

There is a strong possibility that one of the casualties of Brexit for a non UK resident could be the imposition of a UK tax charge for transfers to the overseas equivalent, QROPS.

The rationale is that UK pensions attract tax relief for contributions going in and tax free growth for the underlying pension funds. So from a UK Revenue perspective, the notion that expatriates can transfer their pension funds overseas with no UK tax to pay is an anomaly which may well be addressed when Brexit is implemented.

While the UK remains a member of the EU, it is unlikely such a penalty could be imposed because of the 'free movement of capital' rules. But after Brexit this would be a logical move by the UK chancellor Philip Hammond to take.

For a non UK resident, QROPS offers many advantages compared to a UK scheme.

If you would like us to review this for you, we have a short ‘window of opportunity’ before the changes are imposed. As the process can take 3 months or more to finalise, action sooner than later is to be recommended.

Please book online, call 04 93 00 17 83 or email france@blevinsfranks.com to register your interest.

We will also be running surgeries in Pézenas - Montpellier – St Remy de Provence – Uzès – Valbonne – Monaco

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Annecy

Imperial palace

Annecy

France

View Map

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