Do you own a property in Spain or Portugal?
Do you spend more than 183 days a year in your second country?
Do you try and keep under the radar of the local tax authorities pretending to still be a UK resident?
Are you still in receipt of earned income from your business and drawing down income on your UK pension at your highest marginal rate which could be 40% possibly 50%?
Are you interested in reducing your overall tax liability in a legal way without losing sleep at night because you are a tax nomad?
Whereas in the past local tax authorities may have been slow in chasing expatriates they are now desperate to replenish their coffers and therefore are intent on raising as much revenue as they can so if you haven’t received a tax demand yet, the likelihood is that you will do soon.
There are legitimate ways of reducing your overall tax liability and sleep peacefully at night knowing your financial affairs are all in order?
Why not speak to us to review your overall financial planning situation. Once we have reviewed your financial circumstances we can advise on the most effective financial solution to reduce your overall tax liability. Don’t bury your head in the sand speak to an adviser on expat financial planning now by calling +35020050982 or email wealth@fiduciarywealth.gi.
