The UK Budget: how does it affect you? || Part 1
The UK Chancellor of the Exchequer, George Osborne, delivered his Budget to Parliament on March 19. By far the biggest surprise was the announcement of a complete overhaul to the
The end of financial privacy
Over the last 15 years we have reported on a number of new initiatives to clamp down on offshore tax evasion, each one whittling away at financial privacy as we
HMRC are back … to a pension pot near you
Just when you thought it might be safe…. the Lifetime Allowance will drop from £1.5m to £1.25m in April of this year. Not a problem, I hear you cry …
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
Another year over, a new one just begun
Here we are at the start of a new year, when we tend to reflect on the previous 12 months, and ahead to what the coming year may bring. It
Making life easier for your heirs
By Gavin Scott None of us like to think about the day we will shuffle off this mortal coil, or how our loved ones will cope after we have gone.
UK taxman targets rental income
By Gavin Scott As tax authorities everywhere look to increase tax revenue, rental income is coming under closer scrutiny. If you rent out property, whether in Portugal, the UK or
The US versus Switzerland
By Gavin Scott There have been a number of recent victories for the United States in its tax battle against Switzerland. The Alpine state has signed up to FATCA, Swiss
No hiding place
By Gavin Scott We have been talking about the global crackdown on tax evasion and undisclosed offshore assets for years, but this year has seen significant developments. Global leaders are
Automatic exchange of information as a global standard
By Gavin Scott Banking secrecy was considered set in stone for so long, but the tide has turned. 2013 has seen unprecedented political support for automatic exchange of information, including here