Latest News with MyDubai tag

4 QROP Myths Debunked

17th February 2017

The Qualifying Recognised Overseas Pension Scheme (QROPS) is a complex topic that leaves plenty of room for misunderstanding and misrepresentation. To use a trending term, there are plenty of #Alternativefacts out there. But often the situation is not as simple as people deliberately telling lies. It’s more about inaccuracies getting so inflated on the internet […]

The Business of Valentine’s Day

10th February 2017

It’s Valentine’s Day this coming Tuesday. And— outside of certain Muslim jurisdictions in which it is not celebrated —the annual day of romance is going to be big business, as usual. Valentine’s Day – The Figures The Valentine’s Day industry in the UK is worth around half a billion pounds. Over quarter of a billion […]

The Best Way to Plan for your Retirement

7th February 2017

Joe Capaldi, Senior Managing Partner at Holborn Assets targets the Pensions issue at the heart of the retirement planning challenge – and delivers the solution you need for peace of mind. Will you outlive your money? Will you, in other words, live longer than you financially planned for? The chances are you will . The last century […]

Vaccinate Your SME Against Your Senior Staff Going Under

25th January 2017

By Sam Ebbs, Wealth Manager, Holborn Assets Over the past few years, the number of SMEs operating in Dubai and the UAE has rocketed. But how many of these companies are looking after their own interests the way they could be? One area that is often overlooked is insuring the business (and, indeed, the families of […]

QROPS Pension Transfer Value up 25%

8th January 2017

The average value of QROPS pension transfers rose by a quarter last year to top £100k per transfer. That’s according to HMRC figures released last week: The Calculation In the tax year 2014-2015, there were 20,100 transfers with a total value of £1.76bn. The average value (ie. mean) of each transfer was therefore £1.76bn/20,100 = […]

New Patent Power For UAE Expat Inventors

5th January 2017

Ever had an idea for an invention? Ever thought about getting a Patent? Getting a Patent may well be a key step in making some money from your product, whatever the sector. And developments this year in the GCC mean there are likely to be more Patent options on the table for the UAE expat […]

How Do You Like Your Brexit? “Hard” Or “Soft”?

29th December 2016

UK Brexit Secretary of State David Davis told the Brexit Select Committee this week that he hoped Brexit negotiations could be wrapped up within 18 months – but that there were still “quite a few decisions to be made.” And then some, Mr. Davis! So much remains up for grabs as to how the UK […]

What to do in Dubai this Christmas 2016?

19th December 2016

Staying put in Dubai this Christmas? Here’s an overview of some basic (but exciting!) options to make the most of it: What’s the weather in Dubai going to be like over Christmas 2016? Weathermen say top temperatures will be a degree or so cooler than usual this December. Christmas Day 2016 itself is set to […]

How will this Leaked UK Budget Measure Affect your Family?

22nd November 2016

If you’ve still got family living in the UK, they might want to know that there’s a nasty little surprise lying in wait for them next year courtesy of the new Chancellor of the Exchequer. The Sunday Telegraph yesterday confirmed that Philip Hammond will endorse “a raid on tax job perks enjoyed by millions of […]

What about my pension post-BREXIT?

14th September 2016

The BREXIT decision posed two big questions for expat pension holders: Will my state pension be frozen? What will happen about my QROPS? Uncertainty still remains the key factor. The UK Government is categorically postponing any decisions about pensions until the invocation of Article 50(2) of the Lisbon Treaty puts the UK on a two-year […]