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Blacktower sponsored NORCECA beach volleyball tournament

Grand Cayman was the fifth location of a 14-stop tour, which headed to the Domincan Republic shortly after Cayman. The winners of the women’s title in this leg were Betsi Flint and Kelley Larsen of United States-A – it was a close victory over Karen Cope and Nathalia Alfaro of Costa Rica. Taylor and Trevor Crabb of United States-A claimed the men’s title, with Cameron Wheelan and Michel Plantinga coming second.

It was an excellent tournament – one of many great events in the Cayman Islands.

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Other News

Reforms to pension tax relief may happen soon

TaxThe importance of putting money into a pension cannot be understated, and the British government has a regulation in place – the pension tax relief scheme – to encourage people to save. But many experts are predicting significant changes to the scheme. If you’re planning to retire overseas as an expat and take advantage of international pension transfers, you’ll need to stay updated with these changes.

How does pension tax relief work?

The pension tax relief scheme is an incentive to entice people to put money into their pension pot. To reward people for thinking ahead to their retirement, the government currently tops up their pension contributions based on the rate at which they pay income tax. So, basic rate taxpayers will receive 20 per cent tax relief (meaning they only need to pay £80 into their pot to get £100), while higher rate taxpayers are entitled to 40 per cent relief.

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Voluntary tax fails to deliver

TrondheimNorway’s novel wealth management strategy of allowing taxpayers to pay additional tax if they feel their mandatory contributions are an insufficient reflection of their true capability to pay has yielded a perhaps unsurprising result: since the scheme’s launch in June just $1,325 in extra revenue has been raised.

The voluntary contributions strategy was initially mooted as a response to criticisms that Norway’s centre-right government was over-enthusiastically cutting taxes while simultaneously increasing spending.

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