Trusts and Foundations provide means by which to protect both your assets and your loved ones, both now and in the future. When deciding which one to pursue, it comes down to what the Trust or Foundation is to be used for, and what assets it will hold. The use of Trusts in the context
Superyachts are the epitome of luxury living, with their top-deck swimming pools, state-of-the-art kitchens and on-board jet skis. But buying a yacht or superyacht is both a personal and private investment, and one of significant financial importance. “A superyacht is a floating liability, and owners need to understand the legalities surrounding purchase and ownership, in
Starting a business brings with it its own set of challenges, as well as opportunities. But when setting up a business, the where is often as important as the how, and knowing what to expect in terms of company formation regulations and requirements is key, so you can start your entrepreneurial journey on the right
Around the world, concern is growing for Coronavirus. The Coronavirus has infected close to 40,000 people, the vast majority of them in China, it has spread to almost 30 countries and killed more than 800, surpassing that of the SARS epidemic of 2002-03. Given China’s importance to the global economy, it is unsurprising the virus
Offshore banking is often associated with negative connotations in regard to tax evasion and criminal activity, but this couldn’t be further than the truth. Despite what you may hear, offshore banking is completely legal. Put simply, they’re bank accounts held in a country other than the one you permanently reside in. So why do you
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
Around the world, concern is growing for Coronavirus. As the death toll in China soars, incidents are being reported across the world, with the virus now having a knock-on effect on travelling, the financial markets and is triggering rising panic. With the Hang Seng Index, FTSE 100 and Nikkei falling, it’s no wonder that global
The property market has evolved significantly over the last decade, particularly due to the growth of technology in the industry. With the rise of ‘next generation’ property agencies like Rightmove, Zoopla and Purple Bricks, the role of the estate agent is fast changing. James Turner, Director at York-based Turner Little takes us through the evolution
Hong Kong has traditionally been seen as a tax haven and the financial hub of Asia, if not the world. The island is well-known for its zero taxation on foreign residents and corporations. However, the last six months of social and political unrest in Hong Kong has taken a toll on the region’s economy, with
The start of a new year is a fantastic time to get your finances in order, with the deadline for filing your self-assessment tax return coming up fast on January 31st, 2020 and the end of the tax year only three months away Being proactive in order to stay tax smart and minimise payments is
