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| | | Articles in this section are supplied by our sponsor Blevins Franks.
For more information on their services click here to go directly to their website. | | Andrew Southgate | | | |
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Monday, 13 November 2017 |
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On 2nd November, the Bank of England increasedthe UK interest rate for the first time in over ten years. Having lifted onlyfrom 0.25% to 0.5%, this is by no means a seismic shift, bringing it back tothe previous historic low set in March 2009 and marking a 104-month run ofrates below 1%. However, this represents a gear change in the Bank's outlookfollowing a decade where down has been the only direction for interest rates.
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Thursday, 19 October 2017 |
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If you have ever had the feeling that you spent half your working lifejust to pay tax, you are probably not far wrong. What with income tax, nationalinsurance/social security, capital gains tax, VAT, council tax, excise dutiesetc, a considerable amount of our hard earned income is lost in tax eachyear. If you are lucky enough to be retired you are still faced with tax onyour savings, investments and pensions, not to mention the amount we pay in VATeach year. Having paid so much tax allyour life, you will not want to pay any more tax now than you absolutely haveto - tax planning is an important part of protecting your wealth in retirement.
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Thursday, 19 October 2017 |
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Andalucía is about to become an even more attractiveregion to live in. Once confirmed in the2018 regional budget, in the majority of cases spouses, children and parentswill escape this unpopular tax completely.
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Wednesday, 20 September 2017 |
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If you are planning on moving to Chiclana de
la Frontera, or have recently done so, you have made an excellent choice. There
are so many benefits to living here, and Spain can offer tax-efficient
opportunities too.
Make the most of these opportunities and
avoid costly mistakes by considering these seven questions.
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Wednesday, 20 September 2017 |
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Latest efforts from the UK government to
tighten the rules for pension transfers should have little impact on Britons
living abroad.
Expatriates still have the right to move
UK pension funds into an approved Qualified Recognised Overseas Pension Scheme
(QROPS) without paying UK taxes or penalties. Currently, no UK charges apply for
EU/EEA residents transferring to an eligible QROPS within the bloc, or for
non-EU/EEA residents transferring to a QROPS based in their country of
residence. However, HM Revenue and Customs (HMRC) impose an ‘overseas tax
charge' of 25% for unapproved QROPS, or penalties at least 40% on transfers to other
unregistered schemes.
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Wednesday, 02 August 2017 |
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The Spanish tax regime allows
the Autonomous Communities to adjust some rules and tax rates, for example income and wealth tax rates, and also rates,
allowances and reductions for succession and gift tax. As a result there are substantial tax
differences between regions, making some areas much more beneficial, tax wise,
to live in than others.
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Finance