Offshore protection continued
- Article Dates:
- 2015
- All Months
Displaying Matches 1 thru 7 of 7 Found.
Many people ask whether they can use an offshore company to carry out their trade and avoid UK tax. For many UK residents this is very difficult to do however forming an offshore joint venture with an overseas colleague or supplier could be a good option. This article looks at how offshore joint ventures could reduce UK tax...
The tax treatment of capital gains which arise to offshore foundations is a complex and uncertain area. It's made more complex by the fact that there is no definitive guidance on exactly how a foundation is treated for UK tax purposes. Strictly speaking it is treated as a corporate vehicle but it displays some of the characteristics of a trust. This has led to a certain degree of overlapping in the provisions. In this article we look at how the capital gains tax anti avoidance rules could apply to offshore foundations....
This Practitioner report includes a step by step look at the relevant form you'll need to complete to claim double tax relief on UK pensions. This will then allow you to receive the pensions free of UK income tax, or at the reduced rate as laid down in the relevant double tax treaty....
Using an offshore company to hopefully avoid or minimise UK tax is frequently of interest to anyone looking to trade overseas. The broad plan is often to incorporate a tax haven company (eg in the BVI) and use this to carry out the overseas activities before eventually selling the business. This Practitioner Zone article looks at which is the best ownership structure if you're looking to minimise UK capital gains tax on a future disposal of the company or trade....
The main income tax anti avoidance rules relating to UK residents using offshore companies are contained in the transfer of asset provisions. These rules are very wide in scope but there is an exemption where there is a sound business reason for the use of the company. In this article we look at how this exemption operates...
Protectors are often part and parcel of an offshore trust package. They can provide valuable comfort to the trust settlors (ie the person who establishes the trust) that their wishes and the wishes of the beneficiaries are being taken into account. This article looks at how an appointment of a UK resident protector would be treated for UK tax purposes....
Many investors, particularly non doms may look to invest funds in open ended investment companies ('OEICS') located offshore. Primarily this will be for commercial purposes as frequently overseas investment schemes will operate through an OEIC. This article looks at the UK tax position of investments in OEICS...
Displaying Matches 1 thru 7 of 7 Found