Brexit Update

Business as usual for STM

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The Brexit vote has resulted in volatility within the financial markets and perhaps some confusion as to the types of goods and services which will be affected by those businesses whose products are sold internationally. Until such time as Article 50 is triggered and an exit is negotiated, Gibraltar and the UK are still very much in the EU and therefore there are currently no changes to the laws by which Gibraltar and UK companies are governed.

UK Residential Property Tax Changes

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A number of Gibraltar residents own UK residential property. This may be a former home, a holiday home or purely an investment (popular, particularly at a time when interest rates are relatively low). It may be owned by a resident individual, company, trust or pension scheme. Sometimes several properties are owned using more than one […]

Moody’s confirms Malta’s A3 rating is now ‘Stable’

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On 4th October 2014, Moody’s Investors Service affirmed Malta’s A3 government bond rating and changed the outlook from negative to stable. The report confirms the government fiscal and economic policy is taking Malta in the right direction and budget measures introduced last year resulted in Malta ranking among the UE’s top-performers on economic growth, employment, […]