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How UK Expats Can Benefit from Double Taxation Agreements

For UK expatriates, managing finances across multiple jurisdictions can be challenging, particularly when it comes to taxation. Understanding how Double Taxation Agreements (DTAs) work is crucial for avoiding unnecessary tax burdens and ensuring compliance with local and international regulations. This guide explores the key benefits of DTAs, how they apply to different income types, and […]

Thinking of Moving to Dubai? Here’s All You Need to Know

Dubai has long been an attractive destination for expatriates seeking career advancement, a luxurious lifestyle, and financial benefits. With its zero personal income tax, a booming economy, and world-class infrastructure, it’s no wonder that over 240,000 Britons now call Dubai home. However, making the move is a significant decision that requires careful planning. From visa […]

Fraud Notice

Blacktower Financial Management have been made aware of certain fraudulent schemes that have been conducted by individuals or organisations claiming to represent Blacktower Group. This type of fraud tends to occur through online services including bogus websites, social media accounts, or through unsolicited emails or text messages. The aim of the fraud is to trick […]

Government extends deadline for expats to secure full UK pension

Expats who have missed filing national insurance years from 2006 to 2016 now have until 31st of July 2023 to secure a full UK state pension. The previous deadline of the 5th of April 2023 has been extended, with the government announcing yesterday they’re granting expats more time to get their paperwork in order after […]

Autumn Statement from the Chancellor

Yesterday at 11.30 a.m, Jeremy Hunt delivered his first Autumn Statement as the new Chancellor. As he had pre-warned this included some ‘eye watering decisions’ as he set out the government priorities of stability, growth and public services. Given that the UK economy is in recession according to the Office of Budget Responsibility (OBR)this was […]

Navigating Investing in Turbulent Markets

The past few years have been a trying time for anyone navigating the world of investment or in possession of illiquid assets; the combination of disruptive events, including a global pandemic, political unrest, and economic uncertainty has created a turbulent market that has been almost impossible to predict. For many investors, the automatic response to […]

Tax Benefits of the Non-Habitual Resident Status

Over the past few years’ Portugal has developed a reputation as the new tax haven for affluent and high net worth individuals, all of whom wish to achieve tax optimization by relocating to a friendly, discreet and safe EU country. With Portuguese residency they are able to acquire a special tax regime, with many attractive […]

October 2022 Mini Budget Update

Eye wateringly difficult” financial challenges…… The new Chancellor Jeremy Hunt yesterday confirmed a re-write of the mini-budget of Liz Truss and Kwasi Karteng. It’s almost as if nothing ever happened – markets and Sterling have stabilised, albeit we believe this will be short lived. The easy job of cancelling the previous shock and awe approach […]

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