Episode 12 - UK Budget for Australian Expats

Welcome to Episode 12 of the Money Side Up Podcast—your go-to show for Australians across the globe looking to stay on top of their personal finances.In today’s episode, Jarrad Brown, Senior Financial Planner for Australian expats in Singapore, is joined by Joel Kerin, Senior Financial Planner with Ally Wealth Management in Perth. Together, they cover the latest updates on:🔹 HECS/HELP forgiveness and what it means for expats🔹 The RBA’s latest rate cut expectations 🔹 The impact of a potential Trump election win But that’s not all—Brendan Harper from Utmost Group joins the show to break down the key changes from the UK Autumn Budget 2024 and their impact on Australian expats living in, or planning to move to, the UK.Here’s what we cover:🔹 Major updates to the non-dom tax regime and the abolition of non-dom status🔹 The new Foreign Income and Gains (FIG) regime and what it means for expats🔹 Changes to Capital Gains Tax (CGT) rates and how they’ll affect property and investments 🔹 Updates to Inheritance Tax (IHT) and strategies to mitigate liabilities🔹 New Stamp Duty rates for second homes and additional properties🔹 Pension planning strategies for expats impacted by these changes🔹 How the Autumn Budget affects retirement planning for Australians in the UKWhether you’re living in the UK, planning a move, or considering property investments abroad, this episode is packed with key insights to help you navigate the latest changes and stay in control of your financial future.Connect with Us:Website: https://moneysideup.com.auFacebook:  https://www.facebook.com/moneysideupLinkedIn: https://www.linkedin.com/company/moneysideupYouTube: https://www.youtube.com/@MoneySideUpPodcastSubscribe & Listen:Available on all major podcast platforms: Spotify, Apple Podcasts, and more.Feedback & Questions:We'd love to hear from you! Whether you have a question for us, or just want to drop us a note - reach out at [email protected]:The content of this podcast is for informational and entertainment purposes only and should not be considered as financial advice. Always seek professional advice from a licensed financial adviser or tax agent for your personal financial matters.Support Us:If you enjoyed this episode, please leave us a 5-star rating and review on your preferred podcast platform. It really helps us reach more Aussies around the world!Upcoming Episode:Don’t miss our next episode where we're interviewing an excellent guest, and covering the latest need to know personal finance information for Australians at home and abroad. Stay tuned!