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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UAE Public Holidays for 2019

These are the official dates of public holidays for the UAE for the coming year, as well as notable dates, so you can make a note in your diary now and plan ahead. Actual days off work for both the public and private sector should vary less than in the past and these are the dates announced by the Government so far.

This article was edited in September 2019 following an announcement by the Federal Authority for Government Human Resources (FAHR).

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The 12 Days of Christmas – the cost of recreating it in the UAE

It’s the time of year for seasonal cheer and goodwill to all men so for a little fun I’ve put together something a little different. It can be tough to decide what to buy for your significant other, particularly when they seem to have everything, so sometimes you just need to be creative. Most people know the song The Twelve Days of Christmas so to show someone that they really are your true love you could go all out and recreate it!

Here is your guide  to how to find the appropriate gifts for all 12 days to your beloved. This is the UAE so we just have to do things a little differently but if you really want to impress the love of your life this Christmas here’s how you can do it, and most importantly what it is likely to cost you.

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