New global standard for automatic exchange of information
We are entering a new era for international tax planning. Financial privacy is no more. 2013 saw unprecedented support for global automatic exchange of information and a pivotal move to
World Dichotomy – Do we invest now or wait for more green shoots!
“The only question with wealth is, what do you do with it?” John D Rockefeller I hear so many times the term “green shoots”, only to hear the government’s very
February
With January being the “Monday” of the year, you have either suffered post-seasonal depression dragging yourself through the first gruelling weeks, or the opposite and adopted a positive approach by
|| Investing for growth Three key principles to guide your investment Strategy || Part 1
An investor’s portfolio should be built around their specific objectives. If you are investing for growth, then we normally recommend three main principles: 1) Time in the market 2) Spread
Pension Lifetime Allowance (LTA) to decrease from April 2014
The Pension Lifetime Allowance (LTA) is the maximum amount of pension-saving you can build up over your life which benefits from tax relief. There is a limit on the amount
Taxation of Income
Income received by residents is broken down into different categories: A) Salaries, B) Self Employment, E) Capital, F) Property, G) Capital Gains and H) Pensions, and is taxable in Portugal
Interest rates to remain low, says Bank of England.
Could UK interest rates rise this year? There has been speculation about the possibility since unemployment figures fell faster than expected. However, the Bank of England responded by saying that
The importance of tax residency – don’t risk an unexpected tax bill
A recent tax residency court case involving a couple living in Portugal and my recent article on the subject, A Tale of Two Leavers, have generated quite a bit of
The crackdown on tax fraud
The crackdown on tax fraud and offshore tax evasion remains very much a key issue in 2014. Governments are working to detect and prevent tax evasion, and collect unpaid tax.
Taxation of Income
Income received by a resident is broken down into different categories: A) Salaries, B) Self-Employment, E) Capital, F) Property, G) Capital Gains and H) Pensions and is taxable in Portugal