Empire Wealth

Empire Wealth is a trading style of Gareth Keith Cable which is an appointed representative of The Openwork Partnership, a trading style of Openwork Limited which is authorised and regulated by the Financial Conduct Authority.
Approved by The Openwork Partnership on 13/03/2026

https://www.youtube.com/watch?v=vjSHzo8ILAs

Simple Budgeting - the 50 30 20 budget explained Starting out? Want to get your finances back on track?This simple but effective technique will help you to get a good handle on your budget while making sure...

Hey all, with all the uncertainty going on around us at the moment, it seems like the perfect opportunity to reflect and evaluate what has been going on. We thought we’d have a look at some of the major changes and impacts for Australian Expats in the UK over the last 10 years.

This is what we found...

2013
UK Government introduced the “Statutory Residence Test” (SRT).
Simplifying UK tax residency and domicile.

2014 – 2016
Russian Financial Crisis upset financial markets.

6 April 2014
UK Pensions - Normal minimum pension age (NMPA) change announcement, from age 55 to 57 to occur in April 2028.

6 April 2015
Major UK Pension changes
- New ‘pensions flexibility’ rules introduced.
- Most Australian Superannuation funds lose their Qualifying Retirement Overseas Pension Scheme (QROPS) status.
(Due to QROPS and Australia's conditions of release, pensions unable to be transferred until age 55.)

6 April 2016
New UK State Pension replaces Basic State Pension.

May 2016
Australian Government's - Board of Taxation conducts "Self-initiated Review of the Income Tax residency rules for Individuals" leading to the proposed "Bright lines test". (Most likely coming 2023/24)

23 June 2016
Brexit referendum held.

9 March 2017
UK Pensions - Introduction of Overseas Transfer Charge “OTC” – for QROPS – tax charge of 25% applied for certain UK Pension transfers abroad.

April 2017
UK - Trust Registration Service established and new/relevant UK Trusts required to register.

1 July 2017
Australian Super Changes
- Introduction of the transfer balance cap
- Reform of tax on concessional super contributions

January/February 2018
Cryptocurrency Crash, also known as the Bitcoin Crash or the "Great Crypto Crash".

6 April 2019
UK - Changes to Capital Gains Tax (CGT)

2020
Coronavirus Stock Market Crash.

31st January 2020
Brexit completed.

July 2020 to 30 June 2021
Stamp Duty Land Tax “Holiday” – temporary reduced rates.

6 April 2020
UK - Further CGT changes for Non-Residents.

27 October 2021
UK - Changes to mandatory reporting for CGT events.

24 February 2022
Russia invades Ukraine.

5 May 2022
Interest rates increased from 0.75% to 1% (highest in 13 years)

12 May 2022
Crypto crash.

Well there you have it, it's been a busy 10 years with a lot of change in regulations and markets on both sides of the pond.
Anything else you would have included?

Greetings all!

I've put together my Top Ten UK money tips & tricks for November 2021.

Claim, Find and Save money!

Hope you like it and share how much you found, saved or claimed!

Top 10 Money tips and tricks - November 2021 In this video, Gareth Cable of Empire Wealth gives you his Top 10 Money tips and tricks, helping you to locate lost money, get your entitlements and claim ba...

Hi All,
I've put together a guide for those who are looking to leave the UK. This is the first video in the series, I hope you like and it helps!
Leaving the UK Part A HMRC Forms

Leaving the UK Part A HMRC Forms In this video, Gareth Cable of Empire Wealth UK talks about some of the forms you will need if you are permanently leaving the UK.This video should help you ...

Hi Everyone,

A few of my friend's suggested I make a quick video on my "Top 5 Mistakes Australian's make in the UK", well here it is!

Please check it out, subscribe and leave me comments, good or bad.

Thanks all and I hope you enjoy it.

https://lnkd.in/dqprNJCd it!

Top 5 Mistakes Australian's make in the UK In this video, Gareth Cable of Empire Wealth UK talks about the Top 5 Mistakes Australians make in the UK (Financially), time and time again.This video shoul...

https://www.youtube.com/watch?v=oxWSr4XFvCs&t=121s

The 115% UK Tax Relief strategy explained UK Financial Advice - IHT, Pensions, Tax Relief

Not sure the most tax efficient route to building your Investment portfolio?

Tired of trying to figure out what all the acronyms and complex products are, (ISA, GIA, EIS, VCT, OSB, OFB, SIPP, SASS) and all the tax consequences?

Looking for a better way to structure and monitor it all?

Curious to learn more?

Everything you need to know is right here: https://www.empirewealth.co.uk/
or book a 15 minute call https://www.calendar.com/gareth/initial-chat/duration/

NB. "The value of investments and any income from them can fall as well as rise and you may not get back the original amount invested. HM Revenue and Customs practice and the law relating to taxation are complex and subject to individual circumstances and changes which cannot be foreseen"

Do you get the Personal Savings Allowance?