Latest News with UAE tag

New Easy Way to Check your National Insurance Contributions

15th February 2017

It is now a lot easier for Brits to check their National Insurance Contributions (NICs) thanks to a new HMRC website: What’s the big deal about NICs? National Insurance contributions are important because they relate to how much UK state pension people receive. Currently the rules state that: “To get the full basic State Pension […]

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 […]

QROPS Pension Transfer Value Is Up 25%

21st December 2016

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 (i.e. mean) of each transfer was therefore £1.76bn/20,100 = […]

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 […]

3 Things You Must Get Right With QROPS

13th December 2016

If you’re planning to be an expat, then moving your pension abroad with a QROPS (Qualified Recognised Overseas Pension Scheme), may save you money. But maybe you will lose your money. That’s investments for you. The key is to not get scammed. Obviously! The UK Government issued a consultation document on pension scams just this […]

Day of Reckoning for UK Pension Scamsters

7th December 2016

The UK Government this week announced a tough new stance on pension scammers. More “direct intervention” has been promised. A consultation document issued by the Department for Work and Pensions on December 5th 2016 centres on a committed new policy of three measures: Cold calling about pensions is to be banned completely Blocking suspicious pension […]

Investing? You need to know about “Open” and “Closed” investment architecture

21st October 2016

“Open” and “Closed” what? We’re talking about “Open” and “Closed” investment. These are types of investment “architectures” — the way, in other words, that the whole business of you buying an investment is handled by the professionals. There’s the “open” model, which offers higher flexibility but higher costs, and the “closed” model which offers less […]

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