Market Report

By Gavin Scott Over the summer months many people put off dealing with matters like their financial planning. They were busy enjoying all the Algarve has to offer in summer,

By Gavin Scott We are lucky here in Portugal compared to some other European countries, since the local inheritance tax regime is relatively benign. However, many British expatriates remain liable

By Gavin Scott Jersey is to drop the withholding tax (“retention tax”) option under the EU Savings Tax Directive. It will be mandatory for financial institutions to automatically exchange information

A “more efficient and less expensive State” is the objective of the government’s “new ruling cycle”, said Minister of Economy, António Pires de Lima, recently appointed to the role of

EU finance ministers have agreed new European “bail-in” rules which will force bank losses onto investors and depositors with over €100,000 in the event a bank fails. In other words,

Scottish Widows, one of the largest UK Life offices, recently estimated (December 2012) that today’s children will need a £2.4m pension pot to achieve a comfortably and debt free retirement.

The Portuguese State earned €19.2 billion in tax revenue from January to July – up 7.6% on last year – and direct taxes IRS and IRC were mainly responsible for

By Gavin Scott In another blow for savers, the Bank of England unveiled a new policy which means interest rates are expected to remain at historical lows for another three