ProACT Sam went live in May’s monthly Wednesday Webinar to highlight how expats have to account for capital taxes separately to income.

The UK doesn't forget about you just because you live in Cyprus or Portugal. Getting inheritance tax right is complex and takes long term planning. We have been helping expat for almost 20 years to ensure that their family receives their inheritance and not the taxman.

When you move abroad you can become a tax resident in your new country which means you’re able to pay tax on your business income, pensions, interest & property rental income at, often lower, local rates.

So why do UK expats still get charged inheritance tax in the UK even though they are tax resident abroad?

There are two things in life that are certain.

Death and taxes.

We can't help you with the inconvenience of death. But we can help you pay 0% inheritance tax with long term planning.

Do you want to pay 50% inheritance tax?

Or do you want to pay 20% by giving it away on your death bed?

Or do you want to pay 0%?

So that your inheritance goes to your children, and not the tax man.

The worst thing we ever see at ProACT Partnership’s Tax Planning Business are families trying to make arrangements to avoid Inheritance Tax at 40% or more on their estate on death.

ProACT Sam discusses the challenges for expats maintaining a bank service across borders.