When is your tax freedom day?
IF you ever had the feeling that you have spent half your working life just paying tax, you are not far wrong. What with income tax, National Insurance, capital-gains tax, VAT, council tax and so on, a considerable amount of our income goes straight
2019/09/20 10:17:02
UK political drama inspires sterling volatility
STAYING on top of the latest currency news can help you time your transfers more effectively, so find out what you should be looking out for, over the next couple of weeks. The past couple of weeks saw a volatile pound react to a flurry of UK poli
2019/09/13 10:28:06
Deputy Head of Mission urges UK Nationals in the Canary Islands to get ready for Brexit
Tim Hemmings, Deputy Head of Mission to Spain, is visiting the Canary Islands from 10 to 12 September. A key focus of the visit will be two events to talk to UK Nationals about Brexit, in particular to ensure that they have done what they need to
2019/09/06 10:37:45
Uprating guarantee for UK State Pension recipients living in Spain
The UK government has announced that it will continue to uprate the UK State Pension paid to people living in the EU each year for the next 3 years. The UK State Pension has already been uprated in the EU for the year April 2019 to March 2020. The
2019/09/06 10:35:54
Euribor's historic low rate boosts mortgages and breaks all records
EUROZONE interest, which has hit a new low, is expected to break all records in Spain at the close of last month, having dropped to -0.354%. Although the official month-end figure will not be announced by the Bank of Spain until after this weekend,
2019/09/06 10:06:30
Euro under pressure, but GBP still falls from multi-week highs
STAYING on top of the latest currency news can help you time your transfers more effectively, so find out what you should be looking out for, over the next couple of weeks. Hopes that the UK government might be able to reach a withdrawal agreement
2019/08/30 10:51:25
Boris Government break causes fury among opponents
PRIME MINISTER Boris Johnson, who has taken a controversial decision to suspend Parliament, has received approval from the Queen… but fury elsewhere. The suspension will take effect from 10th September until 14th October, just two weeks before the
2019/08/30 10:47:41
Is your financial planning in shape for today?
WHEN was the last time you gave your finances a health check? If it was a while ago, you could be paying more taxes than necessary, or missing out on new opportunities. You will benefit most from a holistic review, looking at how your savings, inv
2019/08/23 10:46:01
Landlords relax - Liberty Seguros has you covered!
HUNDREDS of thousands of expats own property in Spain, and a large percentage of these are rented out, either long or short term. Whether you are a seasonal or year-long landlord, there is great money to be made renting your property out, whilst y
2019/08/23 10:44:57
Pensions advice in Spain: six tips for getting it right
WITH so many options for UK pensions, it can be difficult to know what to do. While any financial transaction brings a degree of risk, pensions are especially valuable, so making the wrong decision can be disastrous. This is an area where quality, ex
2019/08/09 10:31:17
Spanish mortgages are getting cheaper
HOMEOWNERS with a mortgage, having its annual review this week, will see their monthly payments drop again, now that the Euribor was set to end July at a new, historic low. The Eurozone interest rate, upon which mortgages in Spain are based, will
2019/08/09 10:20:28
Boris Johnson government heightens No-Deal Brexit fears, and GBP falls
STAYING on top of the latest currency news can help you time your transfers more effectively, so find out what you should be looking out for, over the next couple of weeks. The pound strengthened, initially, in response to the end of the Conservat
2019/08/01 14:24:44
Central Bank speculation drives volatility in the currency markets
THE past couple of weeks have seen Central Bank speculation become a key catalyst of movement in currency markets, resulting in some notable volatility. The pound still seemed to come off worst, however, with GBP/EUR sliding from 1.12 to 1.11, wit
2019/07/19 10:29:39
Pound hits six-month low against euro and US dollar
As the Conservative leadership contest narrowed down to the final two candidates, the mood towards the pound deteriorated, with the odds of a no-deal Brexit appearing to increase. Meanwhile, the increasingly-dovish outlook of the Federal Reserve,
2019/07/05 11:10:45
Lawsuits against Inland Revenue won’t carry a fee
By Mariano Zunino THE Supreme Court has recently nullified the legal costs in tax proceedings, which means that any lawsuits with the Inland Revenue Office will be free from now on. This has been established by the Supreme Court in a judgement,
2019/07/05 11:10:10
UK investors waiting for the leadership outcome for Brexit and pound outlooks
SINCE Britain's Conservative Party leadership contest began, last week, the pound's movement has been limited, because of expectations that there will be no Brexit progress until it concludes. Despite this, the euro has been unable to capitalise o
2019/06/21 10:10:18
What we should do in case of a car accident
SUMMER is coming in beautiful, sunny Spain. With temperatures soaring it’s a great feeling, although a tad hot at times for all expats who live and work in this tranquilo environment. Tranquilo, that is until the influx of tourists from many count
2019/06/21 09:55:38RECTIFICATION ON TIMESHARE PROPERTIES
In edition number 1107 of the Canarian Weekly we released an article on the situation at Los Claveles Resort, situated in Los Cristianos. In such article, some information was delivered regarding the litigation between the Club Committee of the times
2019/06/14 10:41:04
Pound struggles, end of May in focus
STAYING on top of the latest currency news can help you time your transfers more effectively, so find out what you should be looking out for, over the next couple of weeks. Sterling stumbled over the last couple of weeks, as the end of Theresa May
2019/06/07 10:44:57
Breakdown of cross-party talks limit pound's potential for gains
THE pound is recovering slightly, following two weeks of broad-based losses, but the chances of a full sterling recovery appears unlikely, as uncertainties surrounding Brexit and UK politics, in general, weigh heavily on the outlook. Rising hopes
2019/05/24 10:44:39