close menu

Articles by Mike Abbott

  • Dubai_skyline

    Lessons learned on a trip to Dubai: South Africans take note

    by Mike Abbott | Nov 10, 2017
    We’ve recently had the pleasure of making a trip to Dubai to meet the expat community there to discuss the recent tax changes in South Africa and how they affect South African expats. It’s been great to meet some fellow South Africans in this hub of all expat hubs. These are the key insights I’ve gained from my time there this week.
    Read more
  • bull-bear-markets-investing

    Top of the market? When? Where? How?

    by Mike Abbott | Sep 04, 2017
    Providing prognostications on the future seems to be a habit of people in finance, investments and economics. However, much like the attempts to predict the outcome of major sporting events, this type of crystal ball gazing has a dismal track record. What strikes me as strange is the enduring fascination we all have with predictions, despite the fact that we all know they're no more likely to be correct than our own random throws of a die.
    Read more
  • light-house-stormy-weather-ocean-night

    South Africa’s sovereign debt downgrade – the effect on the private sector, public sector and ultimately South African citizens

    by Mike Abbott | Apr 13, 2017
    South Africa finds itself in the grip of a full-blown political crisis. In times like this, cool heads prevail and well-considered plan Bs are put into action.
    Read more
  • one hand giving a dollar to an arm with a hand holding a pound

    British expats to take on 25% tax on pension transfers

    by Mike Abbott | Mar 23, 2017
    Britons living outside of the UK will now face a hefty tax when transferring their pensions outside of the UK as HM Revenue & Customs (HMRC) have made important changes to the tax laws around qualifying recognised overseas pension schemes (QROPS). The Chancellor of the Exchequer, Philip Hammond, announced that transfers to certain QROPS will be taxed at 25% in his Budget Speech on 8 March 2017. This change will affect thousands of British expats living outside of the UK.
    Read more
  • royal-exchange

    Sable International's Brexit brief

    by Mike Abbott | Jun 24, 2016
    The UK has gone to the polls and the decision has been made. The outcome is, however, the one that held the most economic uncertainty. Most investors knew this was a possible outcome, but the inevitable negative financial effects of a Brexit vote are becoming evident immediately.
    Read more
  • CGT non-resident mortgages

    CGT extends to non-residents selling UK residential properties from 6 April 2015

    by Mike Abbott | Mar 20, 2016
    If you are a non-UK resident, you will need to inform HM Revenue and Customs (HMRC) within 30 days of selling your UK residential property as Capital Gains Tax (CGT) may be due from 6 April 2015.
    Read more
  • top investment strategies

    Top investment strategies

    by Mike Abbott | Dec 05, 2015
    When it comes to financial markets, the only certainties are both risk and uncertainty itself.
    Read more
  • tracker vs stock picker

    Tracker vs stock picker? A Nobel Prize winning mystery

    by Mike Abbott | Sep 24, 2015
    In 2013 a strange thing happened at the Nobel Prize awards for Economics. This Nobel Prize has particular relevance for investors. The prize was shared by three academics, but that alone is not the oddity to which I refer. If you take a closer look, you will see that prize winners Eugene Fama and Robert Shiller have diametrically opposing views on how markets work. Yet they shared a Nobel Prize “for their empirical analysis of asset prices”.
    Read more
  • calculating

    Investing offshore – debunking myths

    by Mike Abbott | Sep 09, 2015
    Is it better to invest locally or offshore? Some South African investors believe that lower investment returns earned by investing offshore are a good reason to invest locally. However, if they analyse their South African investments after adjusting for inflation, tax and volatility, they might be very disappointed.
    Read more
  • tracker vs stock picker

    How to deal with market volatility

    by Mike Abbott | Aug 25, 2015
    The volatility in international markets over the last two weeks has had investors scrambling to mitigate losses. Risk appetite is plummeting and together with the collapse of the commodity market, emerging markets have been taking a beating. However, we should all remember to not throw the baby out with the bathwater.
    Read more

South Africa

Cape Town

Regent Square
Doncaster Road
Kenilworth 7708 +27 (0) 21 657 2120

Durban

25 Richefond Circle
Ridgeside
Umhlanga 4320 +27 (0) 31 536 8843

United Kingdom

London

Castlewood House
77/91 New Oxford Street
WC1A 1DG +44 (0) 20 7759 7514

Croydon

5-7 Selsdon Road
South Croydon
CR2 6PU +44 (0) 20 7759 7581

Australia

Melbourne

9 Yarra Street
South Yarra
VIC 3141 +613 (0) 8651 4500

Sable International is a trading name of 1st Contact Money Limited (company number 07070528), registered in England and Wales. We are authorised and regulated by the Financial Conduct Authority in the UK (FCA no. 517570), the Financial Services Conduct Authority in South Africa (1st Contact Money [PTY] Ltd - FSP no. 41900) and hold an Australian Financial Services License issued by ASIC to deal in foreign exchange (1st Contact Group - AFS License number 335 126).

We use cookies to provide the best website experience for you. Using this website means that you agree to this. How we use cookies.