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Financial News
Bank Deposits After The Cyprus Crisis
The events in Cyprus shocked bank depositors across Europe and beyond. It was a wakeup call for anyone who still thought of cash as a ‘risk free’ option. The first meeting between Cyprus and the Troika (the European Commission, European Central Bank and International Monetary Fund) on 15th March proposed to impose a “tax” of 6.75% on bank ...Full Article
Pensions Liberation… all that glisters is not gold!
The UK Pensions Regulator has launched a campaign to warn consumers and pension professionals about so called “pension liberation schemes”. These schemes are promoted as a means of allowing ...Full Article
After four years of low interest rates, are negative rates next?
We have just passed the four year anniversary of the 0.5% UK interest rate. Back on 4th March 2009, few people predicted that the Bank of England would ...Full Article
Asset Reporting Obligations
You will soon be able to file your first declaration under Spain’s new overseas asset reporting law. While the deadline is 30th April, forms can be submitted anytime ...Full Article
The Tightening Tax Net
By 30th April, you need to declare all your offshore assets to the Spanish authorities under the new reporting obligation, or face costly penalties. This is Spain’s latest ...Full Article
Residency issues and the new reporting law
Spain’s new asset reporting law, with the first deadline of 30th April this year, applies to anyone who is resident in Spain and who owns assets outside the ...Full Article
A new era In tax reporting
The Isle of Man has agreed to automaticallyexchange tax information with the UK. Jersey and Guernsey want to make this a global initiative. The US is forcing financial centres ...Full Article
