The Gazette Lanzarote Jan 2014 | Page 31

ADVERTORIAL Is Your Tax and Wealth Management In Shape For 2015? By Paul Montague, Partner, Blevins Franks o you have a considered, strategic tax and wealth management plan in place? If so, is it up to date with all the latest developments in Spain and internationally that affect you? If not, make a New Year resolution to review your tax planning, investments and pensions. Are they ready for what 2015 will bring? Are they designed to preserve your wealth over the long-term and meet your objectives? D n n Tax planning You want to ensure that your investments and wealth are placed in the most suitable arrangement to limit your tax liabilities. Take advice from someone who is well-versed in the nuances of Spanish taxation. The right arrangement can keep most of your investments in one place and help you legitimately avoid paying too much tax. Spanish income and savings tax rates are being reduced over 2015 and 2016. The main beneļ¬ciaries are those on low and mediu