David Goodall - Tumbit.com Blog Feed

Unauthorised Financial Advisers in Spain : UPDATE

info@tumbit.com (David Goodall) — Sat, 02 Feb 2013 10:42:33 GMT

Many of the Financial Advisers operating in Spain are doing so without any regulation, with no authorisation and if anything goes wrong you the client has no recourse to putting this right. The only acceptable Spanish Regulators are : The CNMV The... more

QROPS 2012 : Comparing Jurisdictions

info@tumbit.com (David Goodall) — Wed, 22 Aug 2012 18:20:22 GMT

New Generation QROPS 2012 have changed the face of UK Pension transfers to Qualifying Recognised Overseas Pension Schemes. The inclusion of professional advice and the exclusion of ‘cashout’ schemes have improved this valuable arrangement for expats... more

Does the UK Government want the Elderly to Emigrate ?

info@tumbit.com (David Goodall) — Mon, 26 Mar 2012 15:48:48 GMT

.... There are signs that they do ... I realise that it sounds unlikely but there are reasons behind my view. Spain has many lifestyle advantages and those retired or near retirement might be encouraged to go for the following reasons : QROPS After... more

Are UK Banks & Building Societies Safe ?

info@tumbit.com (David Goodall) — Thu, 13 Oct 2011 11:10:58 GMT

In July 2011, the EU announced the names of the eight banks which failed the ’stress tests’ to measure how each institution could copy with a challenge to its liquidity, Of those 8 who failed none of them were British. Unfortunately, five of them... more

Airline Bank and Credit Card Charges

info@tumbit.com (David Goodall) — Fri, 16 Sep 2011 16:54:00 GMT

A couple of weeks ago I received the following email from Lydia. She lives in Spain whilst her daughter lives in Nottinghamshire : " David, thank you very much for the help that your Blog has given me but you have asked for feedback so here goes..... more

UK Pension Scheme, or Plan - but you live in Spain?

info@tumbit.com (David Goodall) — Tue, 16 Aug 2011 21:46:07 GMT

It seems that every year, in the UK, there are new laws, new regulations, new ideas or changes to pension plans or schemes. Just to complicate matters there are still many arrangements which have different names? You may like to click Here to see... more

Holiday rental income – income tax payable in Spain

info@tumbit.com (David Goodall) — Thu, 28 Jul 2011 08:59:25 GMT

* DON'T get caught tax evading * Tax authorities in Spain ARE tightening the noose * It suits the Spanish – it is aimed at NON-residents I have written much about Tax Avoidance and Tax Evasion in the past and explained the difference... more

Why won’t they disclose commission?

info@tumbit.com (David Goodall) — Tue, 19 Jul 2011 13:15:15 GMT

Just one of the scandals of (some) FSA authorised advisers in Spain.... They pay for big adverts in the newspapers, they proudly declare that they’ve been around in Spain since the year dot, they are authorised by the Financial Services Authority... more

Spanish Inheritance Tax (ISD)

info@tumbit.com (David Goodall) — Tue, 15 Mar 2011 09:54:35 GMT

This complex issue is often ‘swept under the carpet’ but eventually everyone is affected. In particular, the prospect of a widow(er) paying inheritance tax on the death of their spouse can come as an enormous shock. - There are State rules and... more

Lost, Forgotten or Mislaid Investments & Savings

info@tumbit.com (David Goodall) — Wed, 12 Jan 2011 14:44:46 GMT

So you’ve moved to Spain (or are planning to do so in the near future) and you wrote out a ‘To Do List’ (well its probably in your head at least) but have you missed anything, lost an old bank account, maybe even a small pension with a company you... more

UK Tax Break For Owners Of Spanish Holiday Homes

info@tumbit.com (David Goodall) — Fri, 03 Dec 2010 13:51:52 GMT

Good news for some owners of Spanish property – and that's something that I haven’t said that for some time? This article is really for the benefit of UK Taxpayers who may own a furnished holiday let property anywhere in the EU - and yes, that... more