Will You Lose State Pension Indexation With Brexit?

Many British Expats are Living and Retired Abroad in EU countries such as Spain, Portugal, France, Cyprus and Germany and receive indexed annual UK state pensions. This applies to all EU countries, plus EEA countries, Switzerland and Gibraltar.

With EU Brexit this automatic right will be lost. It may be during Brexit that Britain negotiates replacement arrangements, to allow pension indexing to continue

Cyprus Tax, EU Brexit for Expats, Tax Return ServiceProACT Sam Orgill2 November 2016ProACT Partnership Expatriate Adviceeu brexit for expats, pensions overseas, pension freedom, cyprus tax, proact partnership expatriate advice, proact sam orgill, tax saving expat expertsComment

Pension Freedom for Expats - Business or Retired

New Pension Freedom Rules allow Expats to Draw the whole of their UK based pension fund and pay tax in their country of overseas tax residence. This offers potentially large tax savings for Expat Business and Retired people Living and Working Abroad.

You don't have to retire to free your pension, even if living and working abroad, you can still reclaim the pension once you are over 55.

In the UK any Pension fund over £43,000 could generate a UK tax bill of 40% (£17,200)

The freed pension funds can then be invested in any way, cash investments, family business, overseas property, family education, repay loans, enjoy retirement.

ProACT can help free your Pension and reclaim big tax savings up to 40%.

EU Brexit for Expats, Tax Saving, Cyprus Tax, UK taxProACT Sam Orgill4 October 2016ProACT Partnership Expatriate AdviceCyprus Tax, cyprus business, pension freedom, pensions overseas, expat business network, proact partnership expatriate advice, proact sam orgill, living and working abroad, eu brexit for expatsComment

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