THE WEALTH MANAGEMENT PROFESSIONALS Hong Kong Singapore Shanghai London UK pensions offer a number of tax advantages, but there are limitations Did you know…? If your pension is large then HMRC will charge up to 70% income tax on it. There could also be a tax charge of 55% of the fund when you die. These taxes can be significantly reduced, or avoided altogether, by transferring your pension overseas. Did you know…? If your pension is with a former employer, it could be one of the 72% of schemes that are in deficit. If the scheme goes bust, your benefits could be significantly reduced. This eventuality can be avoided by transferring your benefits out. Did you know…? If you are visiting the UK you have probably been limiting your days to 90 days per year, but it may be possible to increase this to 120 days? How many connections do you have with the UK? After years of uncertainty, we now have a clear law on residency for tax purposes and we can explain how it works. Breakfast seminar Date: 22 October 2013 Time: 7:45am registration 8:00am breakfast 10:00am close Venue: Will be confirmed upon successful registration. Speakers: Jason Pearce Area Manager, Hong Kong & NE Asia, Skandia International Christian R M Brown CTA, ATT, TEP Director Lutea (Hong Kong) Limited Limited seating! For more information, please contact: Tania Scott, Marketing Manager T: +852 2824 1083 E: [email protected] New UK residence rules and your UK pension

Do you have any connection with the UK? If so, this could be for you

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A free breakfast seminar addressing the new UK residence rules and your UK pension. This is ideal for anyone who has any UK connections or has worked in the UK. If interested please email your interest to: [email protected]

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Page 1: Do you have any connection with the UK? If so, this could be for you

THE WEALTH MANAGEMENT PROFESSIONALSHong Kong Singapore Shanghai London

UK pensions offer a number of tax advantages, but there are limitations

Did you know…? If your pension is large then HMRC will charge up to 70% income tax on it. There could also be a tax charge of 55% of the fund when you die. These taxes can be significantly reduced, or avoided altogether, by transferring your pension overseas.

Did you know…? If your pension is with a former employer, it could be one of the 72% of schemes that are in deficit. If the scheme goes bust, your benefits could be significantly reduced. This eventuality can be avoided by transferring your benefits out.

Did you know…? If you are visiting the UK you have probably been limiting your days to 90 days per year, but it may be possible to increase this to 120 days?How many connections do you have with the UK? After years of uncertainty, we now have a clear law on residency for tax purposes and we can explain how it works.

Breakfast seminar

Date: 22 October 2013

Time: 7:45am registration8:00am breakfast10:00am close

Venue: Will be confirmed upon successful registration.

Speakers:Jason PearceArea Manager, Hong Kong & NE Asia, Skandia International

Christian R M BrownCTA, ATT, TEP DirectorLutea (Hong Kong) Limited

Limited seating!

For more information, please contact:Tania Scott, Marketing ManagerT: +852 2824 1083 E: [email protected]

New UK residence rules and your UK pension