How to increase your after tax income…are bonds the answer
MANY RETIRED people like to supplement their pension with some other form of income. Many simply choose to leave capital on deposit, using the interest it earns as a form
The Julgados de Paz in Portugal
THE JULGADOS de Paz are small claims courts, which were recently created for use by the general public to resolve conflicts through negotiation. The idea is to set up proceedings
Inflation fears finally force the European Bank into action
EUROZONE INTEREST rates had not changed for two-and-a-half years, they had not risen for five. But all that changed on December 1, when the European Central Bank (ECB) finally tightened
Understanding the December effect
FINANCIAL PROFESSIONALS either love or loathe the foreign exchange market in December. The currency markets thin out over the last weeks of the year as traders slope off to eat
Fiscal deduction for individual tax in 2005
2005 IS now drawing to a close. Everyone who has any kind of income should have made a tax plan and if this has not been done yet, IRS tax
Healthier lifestyles lead to a pension pandemic
PENSIONS HAVE been making headlines recently in the UK, but it is not just the UK that is suffering from a looming pension crisis. It is slowly having a crippling
Recent changes to UK law and the expatriate
The five year rule Several years ago, rules were introduced whereby an individual who became a non-resident of the UK could avoid UK capital gains tax as long as they
Setting up a company in Portugal has never been quicker…
ON JANUARY 1, 2006, new rules regarding the simplification of incorporating and registering a company in Portugal will come into effect on a general basis. Until then, an experimental application
UK resident status
Make sure you check the detail TO ENSURE that one is not UK resident for tax purposes, it is usual to follow Revenue guidance and limit return visits to less
Life under the UK taxman
Orwellian bureaucracy? There are many reasons why British nationals choose to retire in Portugal. Leaving the UK taxman behind is just one of them, one which has become less valid