Steph Wickham

You know, it's likely going to have the characteristics of what we would call an offshore fund.

So an account that has possible deemed disposal rules, tax profiling that is not aligned with the majority of the taxpayers we'd work with.

And it's not to say that the person who sold you that product had any malice or ill intent, but I suppose they don't know what they don't know.

And the onus is on you as the person paying the premium and expecting to benefit from the product to take the advice in advance.

And I think as well in terms of who you take advice from, you know, you wouldn't go to your GP and ask them to perform a lobotomy because you understand that that's not where their specialism lies.

And this, not to say that our tax is like lobotomy, but the point being that it sometimes does, probably as painful.

But I think the point I'm trying to make is, you know, you specialists, when you're going through these

life events so good tax advice is always warranted for major life events in any setting it is crucial when you are moving across two to two to tax jurisdictions and it's even more important when you're moving to a high tax jurisdiction like Ireland because you don't negotiate with revenue when you're a resident and something's due and payable you pay it and move on with your life the consequences are what they are at that point so you can only change tomorrow not yesterday

It's to your point, you plan for this.

So, and I think as well, you know, it's sometimes you feel like you're adding to the mental load.

Like to go back to my point earlier, there's a plethora of things you have to do when you relocate.

I would always encourage clients to take advice about six months before they move, if possible.

It gives us time.

Yeah, it is.

It is.

You know, you can save people from themselves in that time frame when somebody approaches you three weeks before they come.

It's a bit more difficult.

That is not to say that there isn't a valid reason to take advice after a move.

There is.

Sometimes it's damage limitation at that point, but that's not always the case.