Montfort is thrilled to announce the addition of ex-HMRC John Lovatt to its technical team of expert global financial planners, international taxation agents and pension transfer specialists.
Marking a significant advancement for Montfort and its specialism in UK and expatriate taxation, John’s role as UK Pensions Taxation Specialist will further position Montfort as leaders in cross-border and UK-based solutions, and financial planning across pensions, tax and investments for individuals as they emigrate and move around the world.
Delivering intricate analysis and technical UK pensions taxation recommendations to Montfort’s client base, John’s experience at HMRC will no doubt place Montfort in a unique position to specifically advise on the complexities surrounding UK taxation on overseas pension transfers from and to the UK. John will work in addition to and with Montfort’s existing international taxation resource.
“I am beyond thrilled to welcome John Lovatt to the Montfort team”, comments Montfort’s founder and managing director, Geraint Davies. “John and I first connected some 25 years ago when John delivered technical tax opinion to Montfort. We together pioneered the first ever Anglo-Australian pension transfer solution, which at the time, was non-existent. Over the years, John has developed an outstanding legacy as one of HMRC’s key technical taxation experts with specialist knowledge on the complexities surrounding UK taxation and pensions for expatriates.”
“Opportunities to attain such world-class talent, particularly ex-HMRC, are indeed rare. As the complexities of our client cases grow, with an increasing industry requirement for expert specialists and best practice, John’s start will further place Montfort at the forefront of UK and international taxation.”
Fresh out of retirement and with over 28 years’ experience in HMRC’s Pension Scheme Services office and a key member of the Service Delivery team, John was instrumental in delivering technical taxation support and recommendations; both internally within HMRC and to the wider pensions industry. With a particular expertise in complex offshore and domestic taxation rules in relation to registered pension schemes, QROPS, QOPS and EFRBS, combined with offshore pension vehicles, John regularly responded to a range of complex enquiries. Ranging from both overseas and UK-based IFAs, scheme managers and actuaries, accountants and tax specialists, in addition to the legal profession and members of the general public with particularly technical pension requirements.
John’s role at HMRC further entailed a key responsibility in ensuring legislative changes within the UK’s taxation rules and pension benefit sector, relating to offshore schemes, kept updated within various HMRC taxation manuals.
John also delivered integral training to his HMRC team and colleagues on various subjects, including international pension structures, notably EFRBS and intricacies in lifetime allowance, enhanced protection and pension drawdowns.
As technical tax specialist, John will work directly with Montfort’s existing team on a wide range of high-level, complex cases to specifically determine the intricacies surrounding the UK taxation implications Montfort’s clients may have as they move around the world. With a global network of affiliated IFAs and professionals within the accounting and legal industries, John will also impart recommendations to the wider Montfort community.
John will also support Montfort’s new corporate subdivision and pensions proposition, Montfort Consult; launched earlier this year. Working with scheme managers, actuaries and managers, John will directly advise firms on the UK taxation considerations for ‘overseas’ members of highly complex defined benefit pension schemes etc.
“With a career at HMRC spanning close to 30 years, I’m incredibly excited by this next venture at Montfort. I have long worked with Geraint and so I’m thrilled to now be a part of the Montfort team to together deliver first-rate UK taxation recommendations to its expatriate client base surrounding the UK tax implications”, states John Lovatt.
Commencing at the firm earlier this month, John has already worked on a number of cases; notably a client who is now UK tax resident. John detected an incorrect UK tax liability calculation on his foreign pension scheme to subsequently result in over £230,000 in taxes saved for this particular client.


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Montfort were incredibly helpful during our move to Spain. The team took the time to explain everything to ensure we could act quickly on their advice. I was really impressed with the end report which gave us clear guidelines on managing our pensions, income, residency and setting up bank accounts, everything! We would not hesitate to recommend Montfort again.

Ms S. Stienen-Durand Spain - 2016

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