Latest News

The list below are the key points which take effect from 6th April 2013:

•The UK’s budget in March 2011 announced the Government’s intention to introduce a statutory residence test in the UK.

•The objective of...

After some three years in legislative limbo, pension fund administrators in Gibraltar have now been given approval by HMRC to once again include Qualifying Recognised Overseas Pension Schemes amongst the financial solutions they offer to their...

The World's Biggest Coffee Morning is Macmillan Cancer Support's biggest fundraising event. We ask people across the world to hold a coffee morning, where donations on the day are made to Macmillan. In 2011, 51,000 people signed up to coffee...

Personal Income Tax Rates

Taxpayers can opt to be taxed under the ‘GIB’ or the ‘ABS’ income tax system. Married couples may...

Following pressure from the European Commission, and as part of the deal under which Spanish banks will receive direct aid...

May has been another month of activity with regards to Spanish tax affairs.

A summary of the main taxation...

On 30th March the recently elected Spanish Government issued Royal Decree 12/2012 with the purpose of reducing the public deficit by drastically cutting expenditure and increasing tax receipts. 

A summary of the main...

The European Commission has referred Spain to the EU Court of Justice following its conclusion that Spain’s inheritance and gift tax rules (which require non-residents to pay higher taxes) are discriminatory. The current rules, the...

On Tuesday 6 December, HMRC issued draft legislation in the form of the Overseas Pensions Regulations...

Andrew Gardner, Managing Director of STM Fidecs, recently gave a presentation to ATCOM members in Gibraltar (Association for Trust and Company Managers)  explaining the principles of accounting for capital and income as it applies to...

© www.stmfidecs.gi. All Rights Reserved. | Web Design in Gibraltar and London by