Whatever happened to worries about Eurozone collapse?
Cast your mind back just over a year to March 2013. The Eurozone was going through its fifth bailout, with Cyprus on the brink of meltdown. There was a fear
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
Switzerland pledges to end banking secrecy
Switzerland’s centuries’ old tradition of banking secrecy is coming to an end. It has pledged to collect tax related information from its financial institutions and automatically share the data with
Expat taxation
Non Habitual Resident Regime The Portuguese Non Habitual Resident Regime (NHR) commenced September 23 2009 and was amended in 2012. It is designed to make Portugal more competitive and attract
No hurry to raise UK interest rates
As the UK economy improves and house prices rise, there has been much discussion about how soon the Bank of England will raise its base interest rate. The Bank has
UK pensions – all change
The UK government took everyone by surprise in March by announcing a series of radical changes to pensions. The measures are the most significant pension reform since 1921, and give
The expanded Simplified Regime – IRS (Category B)
The Simplified Regime, established in 2001, has had massive adherence by sole traders over the years. At the same time, it has failed miserably with companies taxed under IRC. Currently,
Is a QROPS right for me?
People tend to think of Qualifying Recognised Overseas Pension Schemes (QROPS) as stand-alone products, whereas in fact they are personal pensions (SIPPS) that are domiciled outside the UK, and meet
The UK Tax Residence Test
The UK’s Statutory Residence Test is now a year old. It was a welcome development after the old system and provides much more certainty. However, for more complicated cases it
Dig your well before you are thirsty!
Are you a dedicated or accidental saver? There are in the main two types of savers: first the dedicated saver that determines a pre-set amount on a regular basis and