Ramadan in Dubai 2019 – a guide

This is not intended to be a definitive guide to the holy month, but is a simple overview and more importantly, a ‘what not to do’ for those who are not fully aware or are new to the UAE.

Ramadan is the ninth month of the Muslim calendar and the month in which the Quran was revealed. The annual observation of the fast during the month is one of the five pillars of Islam and is a serious matter for Muslims as a test of faith. It is also a month to take things a little easier and to spend time with family.

This year Ramadan is expected to start on or around  Sunday 5th May and at time of writing the date was yet to be confirmed. The UAE usually follows the announcement of Saudi Arabia but also has its own moon-sighting committee. The dates move forward by some 10 to 12 days each year as the Hijari calendar is slightly shorter than the Gregorian one that is in common use.

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How to negotiate a rent reduction

Most people are aware that rents are falling across the UAE so many of us will be expecting a reduction in our rent at renewal. But what if your landlord hasn’t got the message and doesn’t want to give you a reduction in line with general markets? Here are some hints and tips to try to persuade them.

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Need to know: UAE Consumer Protection Regulations

 The UAE has had legislation in place to protect consumers for quite a few years but the details are not as well known as they might be so this article is an overview of the law and your rights when purchasing goods and services.

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UK Spring Statement 2019 – points of relevance to expats

The UK’s Chancellor of the Exchequer, Philip Hammond, has today delivered his Spring Statement. Less formal or broad in scope than the Budget, which moved to the Autumn last year, this is not about announcements on tax or spending, but more about economic forecasts.

The Chancellor himself describes this as a ‘non event’ from a financial point of view  but  since 1975, the government has been legally obliged to produce its projections for the economy and the public finances twice a year. That’s why have a main budget and this lower key announcement.

The question for expats, as ever, is how does it affect us?

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UK Stamp Duty to be even higher for non-residents?

Breaking news.

It has been announced that the UK Government will shortly be issuing a new consultation document in which it will propose that the rate of Stamp Duty, the tax payable on purchase of a property, will increase further for non-residents who buy in England and Northern Ireland.

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The retirement time bomb & why it’s even worse for women

Retirement planning is rarely seen as an exciting topic but no one can deny that planning for your financial future is important. It becomes even more important when you find out that the vast majority of people are woefully underfunded and are sleep walking into retirement. You cannot rely on a government for full financial support so you have to take action yourself.

Most Western countries, and the UK is a prime example, are sitting on a retirement time bomb. With factors such as an ageing population, falling birth rates, and a combination of the widening gap between what people are saving and the amount they would have to put away to adequately fund their retirement, there are major concerns for the future. This was the finding of a World Economic Forum report, published in 2018.

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Financial resolutions – get your money in shape for 2019

At this time of year it is popular to make New Year resolutions, but how many of those are about our finances? Making sure you are financially fit is as important as vowing to visit the gym regularly but once you’ve taken the initial steps is less time-consuming and you can do most of it whilst sat comfortably on your sofa.

We all have to spend money but can you do it more smartly? Invariably we could all spend less and save more and a little focus rarely goes amiss. With that in mind here’s a list of 10 steps you can take to get yourself financially fitter in 2019.

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