Wednesday, 28 March 2012

UK Pension Transfers: UK Budget Will Spark Pensioners Move Abroad

UK Pension Transfers: UK Budget Will Spark Pensioners Move Abroad
UK Pensioners Moving Abroad.

The new UK budget will spark a move abroad for UK pensioners following the increase in UK taxes on middle income earners. Middle income earners slammed in new UK budget. 325,000 more workers are to pay a higher rate of tax of 40% as the income tax threshold was lowered. The report said the higher-rate threshold will be frozen at £42,475 in 2012-13. The next year, it will be reduced to £41,450. This could affect 4 million people by 2014 which could provoke pensioners to move abroad, especially

uk pensioners moving abroad

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