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Proposed changes announced in 2018 to Principle Private Residence & Letting Relief

These changes to capital gains tax (CGT) are due to come into effect from 6 April 2020, but there will be a consultation on the details first. From April 2020: * Lettings relief will only be available to those who are in shared occupancy with a tenant. * The final period exemption allowing Principle Private …

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Changes with regard to rollover and accessing benefits from a QROPS

Following the transfer of UK sourced pension money to an Australian QROPS, it is then within the Australian superannuation system and will be covered by the Australian rules. However, upon withdrawal or rollover to another superannuation fund, UK tax charges may still apply to the money. There are two different tests for this. Which one …

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