Crunch time for pensions calls for review, not panic
In this post-Brexit climate of historically low interest rates and market uncertainty, the value of UK pensions is an area of concern. For final salary (‘defined benefit’) schemes, the stability
EUR Weekly
Broadly, investors tended to favour the premier league currencies – the US dollar, the euro, the yen and the Swiss franc – over those of commodity exporters and emerging markets
Gibraltar remains our ‘Rock’ for the future
The people of Gibraltar voted some 96% in favour to remain within the EU during the recent EU Referendum. An impressive 72% turnout of the electorate voted with an almost
HMRC announces “requirement to correct” tax obligation
The international tax planning landscape has changed dramatically over the last decade or so. When the Common Reporting Standard went live in January 2016, financial privacy was consigned to history.
PT Nominee Company Transformation
Property purchased a decade or two ago is often liable to a substantial capital gains tax at today’s market prices. There are numerous reasons for this trend. First and foremost
More families than ever caught in inheritance tax net
The government’s record inheritance tax haul reveals how more and more British families are being caught out – and you do not even need to be a UK resident to
The unfortunate cost of a homemade will
John Cato, from UK-based Cato Solicitors, describes the cross border legal mess caused by a homemade Will and emphasizes the importance of having both English and Portuguese synchronised Wills Our
EUR Weekly update
The highlight for the euro came on Monday when the leaders of France, Germany and Italy met on an aircraft carrier to exchange pleasantries and discuss the future of the
Portugal faces budget amendment as it reaches deal to pump €2.7 billion into state bank CGD
A deal to recapitalise state bank Caixa Geral de Depósitos (CGD) to the tune of €5.1 billion means amendments will have to be made to Portugal’s budget. The government has
Portuguese taxation of trusts
Portuguese law views a trust as a contract. All transactions involving trusts are deemed to be made with the trustees – the legal owners of the trust’s assets – rather