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The Lifestyle of the Rich and Famous

Did you know that there are more ultra-wealthy people around the world than the populations of Iceland, Malta or Belize? This population is expected to increase by 27% by 2024, as huge fortunes are being made in India, Egypt, Vietnam, China and Indonesia. “Not all high net worth individuals have the same approach to money,

Private Jets: From the Bahamas to Barbados

Do you find yourself dreaming of stress-free flights, weekend breaks on isolated beaches, or that ultra-exclusive family holiday to Mexico? The fastest route to fulfilling those fantasies is by private jet – a mode of transport growing increasingly popular amongst the ranks of the super-rich.   “Private jets are the path of least resistance, if you

The future of tax havens

This week, the EU has added four countries and jurisdictions to its blacklist of tax havens, including British overseas territory the Cayman Islands. “The EU set up the system in 2017, to put pressure on countries to crack down on tax havens and unfair competition, sanctioning those it considered unfair in offering tax avoidance schemes.

Do you trust your high street bank?

With the likes of Goldman Sachs and National Savings & Investments (NS&I) cutting the interest rates on savings accounts, consumers are beginning to lose trust in the value of high street banking in the UK. “Today, the biggest threat to savings isn’t market risk. It’s the fact that a majority of Britons feel that banks

The impact of Brexit uncertainty on offshore banking in the UK

As the uncertainty surrounding Brexit continues, many are looking for clarity on what leaving the EU might mean for their businesses before carrying out investment plans. The UK was once considered a jurisdiction that offered benefits to foreign investors including a stable political and economic situation, but the continued uncertainty is leading individuals and businesses

Turner Little and its affiliates do not provide tax, legal or accounting advice. Material on this page has been prepared for informational purposes only, and is not intended to provide, and should not be relied on for, tax, legal or accounting advice. You should consult your own tax, legal and accounting advisors before engaging in any transaction.