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What the provisions of double tax treaties actually mean
19/06/2013
Understanding exactly what a double tax treaty says, and what it means can be very important. Although it's generally best left to professionals there's no harm in having a general understanding of what these tax treaties mean. This will then allow you to have a look at the treaty implications for yourself, before getting a tax review by a professional. . . . keep reading
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When to opt for an asset or share deal when selling your business
17/06/2013
When you're selling your company, there are two broad options. You could either structure the deal as a share deal or an asset deal. If you sell the shares, then the capital gain will arise on you (ie 10%, 18% or 28%). If you opt for an asset deal the company doesn't pay capital gains tax (which would only usually apply to individuals, trusts and executors). Instead it pays corporation tax on any capital gains. The tax rate will be its marginal rate of tax. In this article we look at precisely when it is attractive in tax terms to opt for a share or asset deal . . . keep reading
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Using an intermediary company to reduce withholding tax
10/06/2013
Double tax treaties frequently provide for lower rates of withholding tax on dividends, interest and royalties. To take advantage of this, it can often be attractive to set up a company in a suitable treaty jurisdiction to receive the income and benefit from these lower withholding tax rates. This article looks at recent guidance issued by HMRC that consider how they will determine whether an overseas company is genuinely beneficial entitled to the income for tax treaty purposes|Image1| . . . keep reading
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Why UK holding companies are so attractive
07/06/2013
For an "onshore" jurisdiction the UK company provides a lot of potential benefits as an international holding company. In this article we look at precisely how a UK company can be used tax efficiently as a holding company . . . keep reading
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Latest 2013 SDLT planning changes
03/06/2013
SDLT planning schemes have changes significantly following Budget 2013 - particularly sub-sale schemes. In this article we look at sub-sale schemes in more detail and assess the impact of recent changes. . . . keep reading
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Non Doms and overseas joint accounts
28/05/2013
Many non doms own offshore accounts jointly with their spouse or other individuals. In this article we look at this in practical terms and assess what difference holding the account in joint names could have for non doms. In particular we analyse the position where both account holders claim the remittance basis compared to where only one account holder claims the remittance basis . . . keep reading
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FREE DOWNLOAD - Tax Planning With LLP's
May 2013 Edition
In this guide we look at exactly how an LLP is taxed, before looking at how you can use LLP's to reduce your UK taxes. We cover how LLP's can be used by individuals as well as companies for UK tax planning. . . . keep reading
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Using a corporate partner to avoid tax
22/05/2013
With the top rate of income tax being 45%, introducing a corporate partner could be an option for any partnerships looking to reduce tax. In this article we look at how using a corporate partner could be very effective in reducing tax . . . keep reading
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Bed & breakfasting shares as a non resident
15/05/2013
This article is in response to a question we received relating to how the bed & breakfast rules apply to a non resident planning to move back to the UK. We look at the CGT exemption available for non residents and how this interacts with these share matching rules . . . keep reading
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How to set up your own charity to reduce tax
13/05/2013
If you have significant resources and want to "make a difference", or you have a specific charitable aim, you could consider creating your own charity. You should be able to claim the same charitable reliefs and allowances on gifts to your own charity that you could claim if you were making gifts to any other charity. You could even make a gift to your charity under your will, which allows you to take advantage of the lower rate of Inheritance Tax (36% as opposed to 40%). . . . keep reading
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The World's Best Tax Havens - 2013 Printed Edition
This book provides a rare insight into the glamorous world of tax havens. The first half contains fascinating information on 25 of the world's best tax havens -- from the exotic Cayman Islands, British Virgin Islands and Monaco, to less well-known but highly attractive tax havens like Cyprus, Malta and the Isle of Man. The second half of the book explores how big companies and the rich use tax havens and how, with proper planning, you too could legally enjoy some of these benefits. . . . keep reading
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Buying property tax efficiently whilst your children are studying
03/05/2013
The slump in property prices will have made many people consider whether buying property for their children to occupy whilst at university is cost effective. However, given the currently low prices, if you're looking at the long term with perhaps other family members occupying the property and also renting it out to third parties it can still be a worthwhile investment. In this article we look at structuring such a purchase tax efficiently . . . keep reading
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Are you receiving income or capital from an offshore trust?
26/04/2013
When you receive a distribution from an offshore trust, assessing whether this is a distribution of capital or income can be important for tax purposes. Income receipts will be assessable on a UK resident (and domiciled) settlor, whereas capital receipts could be subject to various anti avoidance provisions. In this article we look at how to determine whether a trust distribution is income or capital . . . keep reading
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FREE DOWNLOAD - Tax Planning With Offshore Companies & Trusts: The A-Z Guide
FREE DOWNLOAD - Tax Planning With Double Tax Treaties
FREE DOWNLOAD - Tax Planning With LLP's
FREE DOWNLOAD - Non-Resident and Offshore Tax Planning 2013
FREE DOWNLOAD: How To Avoid CGT In 2013/2014
How UK residents can use a Mauritian company to avoid UK capital gains tax
Revealed - QC approved scheme to avoid CGT on the sale of UK investment property whilst UK resident/domiciled
Tax Book - Tax Planning Techniques Of The Rich & Famous
