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Legal & Financial

Voly – Yacht Accounting The Modern Way

The only double-entry multi currency software designed specifically for yachting industry. Voly’s approach is to deliver modern accounting utilising the latest technologies in the form of a mobile crew app for expense reporting, coupled with an integrated prepaid MasterCard. The Voly prepaid card ensures all transactions are recorded directly into …

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The Future Of Employee Benefits

Benefits that concentrate on tackling employee ill-health and helping people stay in work are gaining political traction. In October 2016, the government released a green paper on employee benefits. 1 The paper sets out plans to transform employment prospects for disabled people and those with long term health conditions over …

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Trade War! What Is It Good For?

By Phill McCoffers Last month Donald Trump, at a stroke of the Presidential pen imposed harsh tariffs on imports of steel 25% and aluminium (or aluminum if you prefer) 10%, in order to fulfil yet another hastily constructed soundbite delivered on the stump from a candidate which many people believe …

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The 18 Months Temporary Importation VAT Relief

The Temporary Importation (TI) VAT relief is regulated in the provisions of the EU Council Regulation (EEC) No 2913/92 establishing the Community Customs Code means for non-EU vessels are intended for re-export may be temporarily be brought into and used for private purposes in the EU, or more strictly in …

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Lifestyle Choice

‘Lifestyling’ is the default investment option of many pension savers, but relying on it may be the wrong approach. Many defined contribution pension plans automatically move savers’ investments into lower-risk funds as they approach their retirement age – a practice known as ‘lifestyling’. The exact mechanism varies between providers, but …

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The Human Factor

Investors are not always as rational as they presume, but behavioural finance can help them identify and address their biases. Paul Craven, a member of the Magic Circle, sees no incongruity in combining a career advising financial institutions with his love of performing magic. The common link is psychology. Having …

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International Convention On Arrest Ships

Our country, mainly because of its geographical and strategical positioning in the map as a port of entrance to the Mediterranean from the Atlantic Ocean and due to its almost 5.000 miles coastline length has been traditionally an important jurisdiction for ship arrest and embargo of vessels. The arrest of …

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All That Glitters Is Not Gold

We have become accustomed these days to the new found liberties that modern communications have afforded us, liberties that less than two decades ago were virtually unheard of. Skype, email and frequent flight schedules allow more and more of us to live separately from where, and how we earn a …

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