Up to two-thirds of GCC expats 'unaware they are in breach of pensions tax regulations'

clock • 2 min read

The estimated 350,000 UK expats living in the Gulf are being urged to check that they are not in contravention of the existing Lifetime Allowance (LTA) limit for pensions tax relief. Chris Ball, managing partner of Abu Dhabi-based independent financial advisors Hoxton Capital Management says that with many expats in the UAE working in sectors that traditionally have offered generous pension schemes back in the UK - for example, energy, construction and aviation - they are more likely to be affected by the LTA limit. People working for oil and gas companies could be the most at risk, a...

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Author spotlight

Christopher Copper-Ind

Christopher Copper-Ind is editor-in-chief of International Investment. Before this, he was editorial director of The Business Year, from 2014 to 2017.