Offshore protection continued
- Article Dates:
- 2009
- All Months
Displaying Matches 1 thru 7 of 7 Found.
Whilst using offshore companies can have numerous UK tax benefits, there are a number of issues that need to be considered in detail. This tax guide looks at when and how you can use offshore companies to reduce your UK tax liabilities. It looks at issues such as:
It also includes a handy checklist of factors that you should be considering. This download is free for members....
The Revenue has published new guidance for anyone considering establishing non UK residence, in HMRC 6. The previous guidance (which was in IR20) has been withdrawn. In this article we look at the changes in the new and old guidance for anyone looking to move abroad and establish non UK residence...
Many non doms are asking how to hold and invest in UK property tax efficiently, given the changes to the remittance basis of tax. In this article we look at a couple of options to invest in UK property tax efficiently using offshore trusts...
The recent G20 summit in April 2009 resulted in a number of agreements and future commitments. It's been promoted in the press that one of the key proposals to emerge from the summit was a clampdown on using tax havens. This does not however paint the full picture. This article looks at exactly how using tax havens has been effected by the recent G20 summit...
The EU interest & Royalties directive abolishes withholding taxes on interest and royalty payments between EU member states. This means that companies in one member state can make a claim under the directive for interest or royalties to be received from another EU country free of withholding taxes. This article looks at how the directive applies and how you can claim the benefit...
Question: I've been contemplating leaving the UK for a while. I earn my income online, and I'm planning a nomadic (PT) type of lifestyle. When I initially looked into this my business plans were more involved, and so I opted for an offshore structure and account. Since then I've decided to drastically simplify my life and plans (it seems something of a spiritual pilgrimage is taking place) and so I think this setup could be simplified. Current Setup: Last year I bought a Seychelles IBC with Cyprus Bank Account -- this was setup via www.molybank.com through referral of www.shelteroffshore.com. This has been very convinient, but as my plans have now changed, this seems like overkill, and the £600/year charges uncecesary. This also adds difficulty with receiving income. At the moment I have a UK HSBC Account in tandem with UK PayPal account. I receive income through PayPal as my work is that of Mentorship/Counselling via Phone/Skype. Receiving income via PayPal (my preferred choice, a...
It's frequently the case that a person may be UK resident but intends on becoming non UK resident at some point in the future. In relation to a UK company owner what they're looking for are any options available to them to reduce the rate of UK tax that they're paying. This article gives you some food for thought to reduce UK taxes....
Displaying Matches 1 thru 7 of 7 Found