New banner
Recent News
Home » Legal & Financial (page 7)

Legal & Financial

Bricks & Mortar


Last month the UK’s ONS (Office for national statistics) reported yet more robust growth in UK house prices 6.1% for the year to September to be precise, with regional variations of course, with London, the South East and Ulster registering the highest increases. Those lucky enough to own property will ... Read More »

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 ... Read More »

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 ... Read More »


  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 ... Read More »

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 ... Read More »

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 ... Read More »

St James Place : Exit Strategies

Screenshot 2015-09-29 19.01.44

  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 ... Read More »

Making regular money transfers abroad.

Screenshot 2015-09-15 00.31.48

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 ... Read More »