Offshore tax evasion in the headlines
The issue of using offshore bank accounts to hide funds and income from the taxman has been back in the headlines, particularly in the UK. It is another example of
Offshore is dead; long live onshore
On Monday, February 9, the Guardian, the BBC, Le Monde and 50 other media outlets revealed that HSBC’s Swiss banking arm helped wealthy customers dodge taxes and conceal millions of
Your pension options from April
It is not long now before the new pension rules come into effect on April 6, 2015. Deciding what to do with your pension savings is likely to be one
Do you pay more tax than necessary? Will your heirs?
Tax planning is a fundamental part of protecting and maximising your wealth. Yet so many people do not review their tax planning often enough, or do not have all the
Interest rates to remain low in 2015
There was much discussion last year as to when, rather than if, the UK interest rate would rise in 2015. After six years of just 0.5%, even a small increase
Big changes for expatriates in Portugal
Portugal’s 2015 Budget and rewritten income tax law were both signed into law by the President on December 31, 2014. So what do they have in store for expatriates living
The bell has rung
The bell has rung and 2015 is off to a flying start. The euro extended its longest uninterrupted losing streak falling below the $1.18 mark to trade at around the
The new automatic exchange of information
A key theme over recent years, as governments look at ways of coordinating reform of the global financial system, has been the pursuit of greater international tax transparency, with the
IRS 2014 – Procedures nº1 – Fiscal Residency
The vast majority of foreign residents share a common trait: most, if not all, of their livelihood comes from outside of Portugal. Great confusion and dis-information abound regarding such income
Holidays and overtime pay from January 2015
Substantial changes on the payment of overtime and holiday work were introduced this month. In line with the Financial Assistance Programme for Portugal and according to Law 23/2012 of 25

