Thursday 3 November 2011

MAK Property Worldwide - News Update

Major strikes over pensions likely to hit the UK – 30th November 2011

A 78% majority, with 245,358 in favour and 70,253 against on a 29% turnout there is likely to be nationwide strikes on the 30th November. Members of the Unison trade union have voted in favour of striking against the government's plans to change public service pension schemes…Read more.

Tax on Holiday Homes


Owning a holiday home is extremely appealing; the luxury of owning a second home in a beach, ski or spa resort, with the opportunity to earn rental income, is a stand-out advantage. Some owners may be unaware that from a taxing perspective, tax will vary depending on the location of the property…Read more.

FSA Set to BAN Commission for all advisers



The Financial Service Authority is set to enforce a Retail Distribution Review ban on commission for all advisers; the latest draft of Mifid II stated the ban was only for independent advisers, seems they’ve changed their mind; this was confirmed when the draft was published last month... Read more.
 


We offer our clients a range of world-class, luxury overseas property & commodity investments; we have Fractional Ownership, Full Ownership, SIPP & Cash options in Brazil, the Caribbean, France, Greece and the U.K.


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