Whichever way you voted, it is hard not to be dismayed by the shambles that is Brexit, concocted by all sides. In the event any deal agreed gets voted down in Parliament, or there is no deal, there is a material chance the government could fall. One or both of these events would come with […]
As dawn breaks, the morning light reveals yet another political gamble that has not paid off for the dice roller. The UK has a hung Parliament, with no party holding an absolute majority. Such is the unpredictability of a parliamentary democracy. If you ask the people of the UK what they think, be prepared for […]
The US election: the one thing we can be sure about is uncertainty We are somewhat loathe to put out yet another piece about what might happen in the markets as it risks focusing long-term, sensible investors’ minds on short-term events. The referendum on Scottish independence, Grexit, China’s slowdown and most recently Brexit, have come […]
As I write, the UK’s FTSE 100 Index has just broken through the psychologically important 7,000 level to close at an all-time high. Great news, yes? Well…
Overseas investors who buy UK residential properties only pay UK tax on the gains accrued since 6 April 2015, and they pay no UK tax on the gains made from selling UK commercial properties. This gives them a big tax advantage over UK-based investors.