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UK Receives New Information On Offshore Accounts
Finance
Wednesday, 02 November 2016

In a year’s time, the Spanish tax authority will have started receiving information on its taxpayers’ offshore assets and income, under the new global automatic exchange of information regime.  The UK is already being handed details of hundreds of thousands of offshore accounts held in its Crown Dependencies and Overseas Territories.

 
Tax Planning In Today’s World
Finance
Wednesday, 02 November 2016

Tax planning remains an important part of protecting your wealth and retirement income, but it can be quite a minefield these days, particularly for expatriates who have cross-border interests.  You need detailed, up-to-date knowledge of local, UK and international tax regimes and regulations to be able to achieve the best results for yourself and your heirs. 
 
Some Relief from Succession Tax in Southern Spain
Finance
Monday, 10 October 2016

If you're a Spanish resident living in Andalucía or you have assets in the region, your heirs could benefit from recent changes to local succession law.

From 2nd August 2016, succession and gift tax rules include a revised main home relief and a new allowance for agricultural business. Then, in January 2017 the tax-free allowance for inheritances is likely to increase.

This is good news for taxpayers here, as it is the first time the local authorities have reduced succession tax in 35 years. Once all these measures come into force, Andalucía will no longer be the most expensive Spanish region when it comes to succession tax.

 
Does Brexit Mean You Need To Review Your Financial Planning?
Finance
Sunday, 04 September 2016

Some readers may find these exciting times for the UK, as it prepares to leave the EU, others may be concerned about what the future holds.  Either way, we do not yet know the detail of what the end result will be and it may be a while before we find out. How will this uncertainty affect expatriates in Spain from a financial point of view?  While you should not rush to make decisions, it is worth looking at your financial planning to consider if and where you may need to make changes.

 
Thinking About Living In Spain? The Financial Essentials
Finance
Sunday, 04 September 2016

Southern Spain receives an influx of visitors at this time of year. It is not difficult to appreciate why so many people fall in love with the local lifestyle and consider making Chiclana de la Frontera their home.  This is therefore a good time to run through some of the tax and financial essentials you need to be aware of and plan for if you are to get the best out of living here.

 
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