A financial information based blog for English speaking Resident expats and Non-Resident home owners in Spain. David Goodall is happy to answer your queries or recommend professional services. Please Follow
Wednesday, 28 February 2018
LATEST update of 'READERS' FAVOURITES'
Pages in Spain’ provides information for English - speaking expats and
Spanish property owners
The FIVE most popular posts in the last month were;
·Foreign Exchange beating the banks
·EU 261 Flight delay compensation: your rights
·Hidden Costs & Charges
·Misplaced UK Assets often left behind
La Torre Fx – Foreign Exchange –
Beating the bank The post was easily the most popular post in the month. With
current foreign exchange rates very volatile and record lows of sterling, this
is a GREAT PLACE to make a comparison and to By-Pass YOUR bank.
excellent service, with rates to beat the banks and high quality customer
service, by linking to the very best Foreign Exchange Platform – FTT Global.
The service offers great rates onall major
Following changes made by the UK Chancellor of the
Exchequer in the March in 2017 Budget, there are vital issues affecting BOTH expats and non-UK nationals who have worked in the UK. On reflection, the notice of extra charges, also
known as a TAX, might be bad news, yet most expats living in Spain will not be
affected, at least before March 2019. Notice I said ‘most’. Whilst it has become increasingly NECESSARY to
seek Qualified and Regulated Advice, the changes in the budget make it VITAL.In
addition, the changes are different in EEA (European Economic Area) countries
which includes all of the EU. This is likely to be scrapped, in my opinion, if
Britain leaves the EU and the Single Market. REGULATED ADVICE IS VITAL
unfortunate British Airways delays and cancellations brings this into sharp
focus. KNOW YOUR RIGHTS.
your right, using EU 261 and confirmed by UK Courts to seek financial
recourse. The post here largely covers my five year war of words with
Ryanair to get compensated. But claimants now will get their rightsmuch more
quickly. My article gives useful links, including BA to help
with the process. If you’ve had a flight delay YOU might be DUE welcome
There are £ Billions awaiting rightful owners in theUK
The most common reason for
mislaying assets ischange of address.That of course will apply
to the vast majority ofexpats. It only takes about
5 or 10 minutes to check and even the most careful can find misplaced funds!
There are many different
types of funds youmight find,including shares,
pensions, National Savings inc Premium Bonds, bank accounts, Building Society
savings and much more. Please check the links in my post
It’s worth checking if you are paying TOO MUCH for charges attached to
financial & pension products.
However, if you have a
personal financial adviser, who constantly gives ongoing good service, they
will explain and deserve payment. But please make sure there are no charges
deducted where no service is given and especially if they were NOT DISCLOSED