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Welcome to The Globe

In our summer issue, we explore the key developments in investment markets, and look at the importance of domicile when it comes to estate planning. Elsewhere we look at how to tackle tough money conversations, and when tax might apply on personal possessions, including cars and watches.

With our acquisition now complete we're proud to share that Progeny, our new parent company, has been awarded B Corp certification - a significant step and commitment to building systematic and sustainable change within business communities around the world.

And to round off, we meet Alex Bescoby, who travelled from Singapore to London by land in a 64 year old Land Rover, to re-create the epic journey taken by the First Overland expedition in 1955.

As always, if you need any advice or support with your own financial planning, please get in touch.

Jeremy Woodley

Director

Steady as we go - how are world markets faring in 2023?

At the half-way point of the year, some of the key themes which have influenced global markets have continued to dominate. Charlie Buxton, our Head of Investment Management, spoke to Ian Hooper, Chief Investment Officer at Progeny, to explore recent developments.

Do frozen bands mean you'll pay more tax?

In the past tax bands have generally risen in line with inflation but the current landscape offers a combination of both high inflation, and frozen tax bands. As a result more people than ever are falling into higher rates of tax.

Peter Webb, our Head of Tax Advisory, takes a look at what action you can take to reduce your exposure.

A question of domicile - the Coller case

If you’re living or working overseas, or have links to another country, you may feel that UK tax won’t have much of an impact on your finances. But domicile can follow you, and take a toll on your estate planning.

Peter Webb, our Head of Tax Advisory, reviews a recent case where domicile was a significant issue.

Progeny achieves B Corp status

Progeny, our parent company, is now B Corp Certified. This makes Progeny one of a small number of B Corp wealth management companies in the UK, who are leading a movement to build systematic and sustainable change within business communities around the world.

Encouraging strong financial futures

For many families, there’s a strong sense in ensuring the next generation enjoys some form of financial support. So how can you help your children or grandchildren build a good financial foundation?

Ed Read Cutting, our Director in Belgium, looks at the ways in which you can help carve out a strong financial future for the next generation.

Does CGT apply to cars and watches?

Capital Gains Tax (CGT) tends to be typically associated with profits made on shares or property. But why does it apply to these items and not others?

Peter Webb, our Head of Tax Advisory, shares some useful advice about how to deal with family heirlooms and personal possessions when it comes to working out whether any tax is due.

Tackling tough conversations

Talking about money can feel uncomfortable and be fraught with challenges. In this new series, our team of experts will explore some of the tough conversations on finance that come up at different stages of life - and offer some thoughts about how you can approach some of those challenging discussions.

Webinar: UK Inheritance tax and the family home

The family home may be your most significant asset – both in terms of its financial value and because of the strong emotional ties it holds. This, together with a complex set of anti-avoidance tax rules, means it can be difficult to consider how to manage family property when it comes to UK Inheritance Tax.

Our upcoming webinar will see our tax experts explore what opportunities are available and at what cost.

Register here >>

A helping hand - new downloadable guides

Whether you’re living in the UK or overseas, there are a range of financial issues about which you might be seeking information

We've recently published two new guides to help with particularly complex aspects of financial planning. Our guide to expat pensions unpicks how to keep your retirement planning on track if you're overseas and our guide to understanding domicile explores this complex area of tax planning.

Explore our guides >>

The Last Overland

Freedom and exploration often go hand-in-hand, and we enjoy sharing stories of adventure and interest from around the world. In 2019 Alex Bescoby, the award-winning historian and documentary filmmaker, recreated one of history’s greatest road trips from London to Singapore – in reverse.

Caroline Underhill, our Global Marketing Director, meets Alex to discover what lay behind the challenge and how it played out.

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