Category Archives: Law
UK Tax Law – Inheritance Tax – Limiting the Deduction of Liabilities
Non-UK domiciled individuals are likely to face an increase in Inheritance Tax (IHT) on their UK estates if they have borrowings secured against UK property. more…
Spain: Certificate of energy efficiency
The Spanish Government has recently passed the Rehabilitation, Regeneration and Urban Renewal Act. Within this policy of housing support and rehabilitation, and in compliance with EU Law, the Spanish Government has also passed a Decree to incorporate into Spanish Law … more…
UK: New Statutory Residence Test
There are in excess of 5 million British citizens residing overseas. In 2011, the home office announced 149,000 left the UK to live overseas. It is therefore important that people with UK connections are aware of the practical implications of the new rules. more…
KOBALT LAW LLP CAN HELP YOU WITH QROPS
For some years QROPS [Qualifying Recognised Overseas Pension Scheme – an overseas pension scheme into which UK pension rights can be transferred and recognised], have been on the scene for internationally mobile clients. more…
Fascinating Land of Oppturnities – India
India is all about majestic snowcapped mountains, the lush rolling valleys, the gushing rivers, green fields, gorgeous colorful flowers and luscious fruits, the arid deserts, the plateaus, the hills, the tea gardens , the orchards, the waterfalls,lovely beaches, software hub, … more…
New Property Taxes Hit Italy
We haven’t even had the time to put our New Year’s celebration glasses down that, new and threatening tax clouds appear on the horizon. We are not so much talking about the well publicised ‘fiscal cliff’ currently affecting America, which … more…
Onshore/Offshore Companies Owning UK Property will pay heavily UNLESS they take Preventative action.
April 2013 sees the introduction of new taxes for individuals who own UK property through Onshore/offshore companies. Is there a legal solution? Persons who own property through onshore/offshore companies will soon be subject to an annual property tax together with … more…
Spain’s 2013 Budget
Spain’s Finance Minister Cristobal Montoro has recently defended the country’s 2013 general state budget in the Senate, designed to reduce the public deficit by containing public spending and increasing tax revenues. By demanding a greater effort from Spanish citizens, the … more…
HMRC Issues Final Warning To Swiss Account Holders
The UK’s revenue agency has issued a warning to Swiss bank account holders that they have one final chance to pay any tax due, or face investigation. HM Revenue and Customs (HMRC) is in the process of sending letters to … more…
Andorra’s Tax Reforms Transforming Image
Andorra’s Foreign Minister Gilbert Saboya Sunyé has explained that the global crisis forced the country to implement “courageous” reforms, and, crucially, to construct a completely new tax system. While acknowledging that neither the reform of the country’s tax system nor … more…
