When selling UK properties, Britons that live overseas are now subject to Capital Gains Tax, but you can minimise the impact. April 5th marked a new tax year in Britain, and the introduction of new legislation which taxes any gains made on residential property sold by all of those living outside the UK. Up until […]
British Expats, Capital Gains Tax, Featured, Property, UK, UK property
Analysis, Financial Planning, Politics
As the Queen confirmed David Cameron’s second term as Prime Minister of the UK, the cloud of political and financial uncertainty lifted, and investors are now hoping to reap the benefits. In the housing industry, expats who have invested in UK property should start to see a more aggressive rise in prices. With no threat […]
Eurozone, Government Changes, Great Britain, Great British Pound, Stock Market, UK, UK General Election 2015, World Economy
It is the season for the indifferent, droopy types to offer a million and one reasons that they do not intend to place a vote in the UK elections. That’s fine. If you are completely uniformed about the policies each candidate is pushing, then frankly we don’t want your opinion. That said, here are 8 […]
Conservative, Expatriates, Featured, General Elections, Labour, Liberal Democrats, UK, UKIP, Vote
Financial Planning, Long Term Savings, Regular Savings, Retirement Planning
It seems with five short weeks until the general election, one thing will remain the same regardless of the resulting vote: UK interest rates are unlikely to be raised in the first year by any party. The prediction is that the base rate will stay at its current level of 0.5pc for at least the […]
Diversification, Interest Rates, Investment choices, Long term planning, Long term Savings, UK
Financial Planning, Long Term Savings, Regular Savings
Britons are saving 9.25 per cent more than they did last year according to a recent survey by National Savings and Investments (NS&I). The quarterly survey shows that younger Brits are feeling more positive about their ability to save. On average each per person is saving approximately 20 per cent more per month than they […]
Analysis, Financial Planning, Market Watch
One of the UK’s most successful fund managers has warned that the eurozone is not viable in its current form. Neil Woodford, who set up his own investment fund last year, said that the concept of treating Greece like Germany was “fundamentally flawed”. In addition, Mr. Woodford said that continuing uncertainty over Britain’s EU membership […]
Having attended the final Network Girls HCMC event of the year last night, I was reminded what a wonderful experience it is to a professional woman working overseas. It is an honour and privilege to have had a good education, and be able to travel freely around the world because of it. I perhaps take […]
Children's Education Fee Planning, Featured, Great Britain, Politics, Retirement Planning, UK, World Economy
In November, UK retail sales rose 6.4%, their fastest annual rate in more than 10 years as a result of the Black Friday affect. A scene made familiar by the US, took off in the UK this year, with retail stores offering Black Friday discounts that provided record sales. Electrical goods sales were up 32% […]
“Close to collapse” is how one industry leader described the UK’s oil industry. Oil companies and service providers are cutting staff and investment to save money. With oil prices currently below $60 a barrel, and with no price rise in sight, it seems that projects in the North Sea are struggling to make a profit. […]
New measures are being put in place in Russia to try and stabilise the rouble or at least try to stem its recent slump against the dollar. If necessary, the central bank plans to provide additional capital to Russia’s banks and financial companies. There are also plans to hold more foreign exchange auctions if required. […]
The Office for National Statistics (ONS) has indicated that wage growth in the UK is picking up. Average earnings between August and October were up 1.6% on the year before, excluding bonuses. Including bonuses, they were up by 1.4%. This is the first time in six years that both figures have been above the rate […]
UK inflation is down to a 12-year low as a result of sinking fuel prices according to official statistics. An “early Christmas present” for consumers as the Consumer Price index measured inflation at 1% in November, having been at 1.3% in October. The Retail Prices Index fell to a five-year low of 2% down from […]
Eurozone, Government Changes, Great Britain, Interest Rates, Investments, Market watch, UK, World Economy