Are you aware that if you are looking to transfer UAE Dirhams or US Dollars to Sterling, the rates are currently the best they have been since June 2010?
Monthly Archives: February 2013
Information on the UK Statutory Residency Test
A few years ago the UK Government in conjunction with Her Majesty’s Revenue & Customs (HMRC) announced that they would be introducing a new residence test. The intention was to clarify the status of people both leaving and arriving in the UK and there has been considerable discussion regarding exactly how and when to implement this.
The aim originally was to bring these new rules into effect from 6th April 2012, but this has been postponed to 6th April 2013. The purpose of this post is to provide you with an overview of the current proposals, as amended by the draft legislation that was published in December 2012. We are still however, awaiting the final legislation so it is possible the rules could be changed again before they come into force, although we do not anticipate anything major to change. Continue reading
What happens if you don’t have a will?
If you don’t have a will when you die, your money, property and possessions will be shared out according to the law, instead of how you want them to be. This can mean they pass to someone you hadn’t intended, or that someone you want to pass things on to ends up with nothing. Being married does not automatically mean that your husband or wife is your sole, or even main, beneficiary.