FREE DOWNLOAD - Offshore Companies Holding UK Property: 2015+
07/02/2015
Buying UK property via an offshore company has traditionally been attractive for a number of reasons.
These include:
A CGT exemption on disposal
An Inheritance Tax exemption for non UK domiciliaries
To preserve privacy
To avoid the need for UK probate
SDLT savings on the onward disposalThere are however a number of changes to the tax treatment of offshore companies owning UK residential property from April 2013 where the property value exceeds £2 Million.
These rules are being extended to properties valued above £500,000. These changes apply from 2015 and 2016.
In addition there is likely to be a general CGT charge for non-residents selling UK residential property from April 2015.
In this book we look in detail at precisely how offshore companies owning UK property are taxed both before and after April 2013 as well as the 2015 and 2016 changes.
We look at all of the UK tax planning implications of using offshore companies for holding UK property and assess to what extent this is still a worthwhile tax planning strategy.
Topics covered include:
Why purchase UK property via an offshore companyHow to avoid UK corporation taxHow rental income is taxed in the offshore company and how to reduce UK tax to a minimumHow to maximise tax relief for interestInheritance tax treatment of the offshore company Danger issues with UK "Shadow Directors"How the ATED rules apply from 2012Changes to the ATED rules in the 2014 BudgetThe proposed new CGT charge on non-residentsWhat should companies within the ATED do now?How should you purchase UK property going forward?How To Download The Book?
If you're a WPR Gold or Practitioner member this book is FREE to download. You can download it from:
FREE DOWNLOAD - Offshore Companies Holding UK Property: 2015+
If you're not a WPR Gold or Practitioner member you can join up or upgrade for any membership level at:
WPR Membership Form
Other FREE WPR Guides
WPR members can also download other guides for free including:
FREE DOWNLOAD - How To Avoid CGT In 2014/2015
Inheritance Tax Planning Handbook 2014/2015: Strategies & Tactics To Save Inheritance Tax
Tax Planning With Trusts 2014
FREE DOWNLOAD - Royalty Tax Planning 2014
CGT Planning For UK Property: 2015 & Beyond
Tax Planning For The Statutory Residence Test: 2014/2015
Buy To Let Tax Planning 2014/2015
E-Commerce Tax Planning 2014/2015
Tax Planning With Offshore Trusts & Companies: The A-Z Guide
Tax Planning For Property Developers: 2014/2015
Offshore Tax Secrets 2014
Inheritance Tax Planning For Non UK Domiciliaries
Tax Planning For Fiscal Nomads & Perpetual Travellers
Offshore Tax Planning For UK Companies In 2014
Tax Planning With LLP's
Tax Planning With Excluded Property Trusts
Where To Base Your Offshore Company
Non-Resident & Offshore Tax Planning - 2014/2015 Edition
The World's Best Tax Havens - 2014/2015 Edition
Working Overseas: The Complete Tax Planning Guide 2014/2015
Tax Saving Tactics For Non Doms - 2013 Edition
Tax Planning For Company Owners In 2013/2014
Tax Planning With Double Tax Treaties - 2013 Edition
Offshore Companies Holding UK Property From 2013
How To Avoid CGT In 2013/2014
Using An Offshore Finance Company To Reduce UK Tax
Tax Planning Techniques Of The Rich & Famous
Setting Up Offshore Subsidiaries
Immigration Tax Planning 2013
