Practitioners Zone continued
- Article Dates:
- 2023
- All Months
Displaying Matches 1 thru 15 of 15 Found.
In this Practitioner Zone report we look at the tax implications of a distribution in specie of UK residential property from an overseas company...
One of the often forgotten implications of a transfer to an offshore company is that this is a chargeable lifetime transfer ('CLT') for inheritance tax purposes. In this Practitioner Zone article we look at how the 20% IHT charge on a CLT to an offshore company could be reduced...
On the death of a shareholder the question of whether the continuing shareholders have sufficient funds to buy the deceased's shares can be a significant issue. In many cases, a suitably-drafted cross-option agreement, backed by an appropriate term assurance policy is the solution. This can be drafted on a stand-alone basis or can be included as a separate section in a shareholders' agreement.In this Practitioner Zone article we look at this in more detail....
In this Practitioner Zone report we look at some simple strategies for using trusts in UK tax planning...
One possibility to reduce tax on property trading is by using a trust. The general idea would be that you could save the 40% or 45% income tax charge you'd be subject to if you did the development in your own name by using a trust. The trust could be subject to income tax at the basic rate of 20%. There could therefore be a significant tax saving. Practitioner Zone report....
In this Practitioner Zone we look at making gifts to reduce your estate for IHT purposes out of surplus income...
In this Practitioner Zone report we look at when and how to "bank" the inheritance tax reliefs to reduce IHT...
We looked in a previous article at the two main methods of how a UK company can 'migrate' from the UK. In this article we'll look in more detail at a migration by transferring the management & control of a company overseas....
In this Practitioner Zone report we look at how to set the level of charges between UK and offshore companies. We look at three key areas that are commonly recharged: management services, interest and transfers of IP or other products. We look each area and examine how to determine an arms length rate...
If you're considering gifting overseas cash to family members you should ensure that you carefully consider the UK tax implications. In this article we look at the income tax and inheritance implications for both UK domiciliaries and non UK domiciliaries...
In this Practitioner Zone report we look at the tax residence of foreign trust companies including relevant procedures and actions to have in place to ensure the non residence status...
When considering your UK ties, what you must avoid at all costs, if you have been resident in any of the last three years, is to trip three of the sufficient ties tests. If you do, there is a special deeming rule whereby days of presence (and not only nights) will be counted. This article looks at this in detail...
If you're looking at providing services from abroad to customers in the UK, it would be beneficial to pay careful attention to the terms of any double tax treaty. In this article we look at how using double tax treaties can significantly reduce your UK tax liability...
Holding companies are often used as a form of financial funnel. By having a company located in a suitable holding company jurisdiction hold the shares in a variety of companies, it's possible to ensure that the profits are funnelled into a low tax, or tax advantageous environment....
Following a request from one of our Practitioner members, in this Practitioner report we look at the UK tax treatment of payments to directors, including non-executive directors where additional services are provided...
Displaying Matches 1 thru 15 of 15 Found