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We tend to be glued to the TV when the Chancellor of the Exchequer delivers his Budget Speech every March, in a similar way to how we must watch the Eurovision Song Contest or even have a flutter...

EU agrees new Savings Tax Directive

EU member states have formally adopted the revised Savings Tax Directive. Tax Commissioner Algirdas Šemeta described this as a major step forward in the fight against tax evasion

The...

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 in Portugal...

UK capital gains tax charge on non-UK residents – residential property

The concept of charging UK capital gains tax on the disposal of UK residential property owned by non-UK residents was first mooted in George Osborne’s 2013 Autumn Statement.

The initial...

Residency and taxation planning review

Regime change introduces positive tax benefits for expats investing and Living in Portugal.

In recent times significant changes have taken place with regards to tax planning opportunities...

Free your pension

Finally a UK Budget of all budgets that for the first time in 90 years has put forward some ground-breaking changes to how you can draw from your private UK pensions. Has this freedom come at a...

The UK Budget: How does it affect you? || Part 2

Capital gains tax

The capital gains tax annual allowance increased to £11,000 on April 6, 2014.

The 2014 Finance Bill will introduce legislation to ensure that capital gains made...

The UK Budget: how does it affect you?

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 pension regime....

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 knew it. The Savings Tax Directive...

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