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Good news only, please

Further good news is that Rolls Royce has won a $2.7Bn order from budget carrier Norwegian Air for a package of new Trent 1000 engines and service support for 19 new 787 Dreamliner aircraft. This is just as well because it looks like the order book for Rolls Royce limousines to oil Sheiks will be slowing down. What a shame.

This week, Google, which is now part of our day-to-day language and activity, showed an impressive share rise by 6%. This pushed its market capitalisation above Apple making it the most valuable Company in our solar system, and possibly beyond.

Lastly, Mark Carney, Governor of the Bank of England has said UK interest rates will remain low until well into next year, and I know many of you will be unhappy about that. Would you like to be happy again? Call us as we have several solutions and will find one that suits you and your circumstances best.

‘Til next time, I’m off for a drive with the family, because I can and cheaply.

Time for action? Call us.

This communication is for informational purposes only and is not intended to constitute, and should not be construed as, investment advice, investment recommendations or investment research. You should seek advice from a professional adviser before embarking on any financial planning activity. Whilst every effort has been made to ensure the information contained in this communication is correct, we are not responsible for any errors or omissions.

Other News

Expat Financial Advice Crucial During Brexit Critical Phase

Direction SignsAttempts to find a roadmap for Britain’s post-Brexit future may currently feel interminable, but expats in the EU are beginning to make contingencies, or so it appears. A survey commissioned by an international money transfer platform has found that 34% of British expats are currently in the process of applying for citizenship or permanent residency in another country.

Uncertainty regarding the ongoing effect of Brexit is the chief motivation, and the impact on citizenship could be greater still; a further 23 percent of the adults polled during the survey (carried out by YouGov plc from 18-04-19 to 02-05-19) said they would seek citizenship for themselves and their family in the event of a hard Brexit.

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Court of Appeal’s Expat Tax Ruling

Statue of the scales of justiceExpat financial planning clients should be aware that HM Revenue & Customs have increased powers to ensure full disclosure of financial information in order to assess tax liability.

This follows a ruling by the Court of Appeal in London* in which the Court upheld the right of HMRC to demand compliance from a UK-connected individual living in Dubai.

The case clearly indicates that UK-interested parties with cross-border financial interests must consider their UK tax liabilities as part of their wider expat financial plans.

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