21/08/2018
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Home > Legal & Financial (page 11)

Legal & Financial

You can’t change the wind

Last month saw another flame of Britain’s manufacturing history extinguished as the coking ovens at the Redcar steel plant were switched off, and decommissioned forever. With it were extinguished all hopes of saving the 2,200 jobs and 170 years of steelmaking tradition on Teesside. There has been much hand wringing …

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The tax considerations of living abroad

While the thought of going abroad to work or retire may be exciting, it is vital that you pay adequate attention to financial planning. The tax consequences of leaving the UK are quite complex, so it’s essential that you seek professional advice. Your residence status will be the main factor …

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VESSELS AND DEPRECIATION

  Vessels and ships as any other tangible asset that owned by and used in the trade or business of a company when affected to economic activity, like charter, are depreciable if their useful life exceeds a tax year. Depreciation methods are restricted to the straight-line or linear method and …

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Charter and Insurance

  You have a non Spanish flag commercially coded vessel and want to charter it here in the Balearics. You address your local insurance company asking if everything is ok from their part and they say yes. Well, this might not be really the case as the insurance policy alone …

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Straight out of left field

  The landslide election last month of Jeremy Corbyn to the leadership of the Labour party came so far, and so fast out of leftfield (excuse the pun) that it caught literally everyone by surprise, not least the main man himself. The arch contrarian who had virtually defined his career …

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St James Place : Exit Strategies

  If you plan for your exit from the yachting industry just before you leave it it will be too late. In reality you should start planning your exit at the start of your career, though few people have the foresight to do so. As optimists we will all naturally …

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Making regular money transfers abroad.

Many people take the task of sending regular payments abroad for granted and just entrust it to their banks to get the job done. In fact, many don’t even look at their bank statements or consider the exchange rates or charges being levied for such transactions. When contemplating larger transfers …

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Carlos Espinosa

  New Express Residence Permits for Foreign investors   Since September last year and according to the Law 14/2013 for the support of entrepreneurials  (Ley 14/2013, de 27 de septiembre, de apoyo a los emprendedores) there is in Spain a new, quicker and easier procedure to obtain the legal residence …

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