A common question is 'Can you choose where to pay your tax?'. In other words if you're a non UK resident and are selling a UK asset can you choose whether to pay tax in the UK or overseas? This is most common where the UK asset that is being sold is…
Anyone who ceases to be UK resident and non UK ordinarily resident will be exempt from UK capital gains tax . The anti avoidance requirements provide that you need to remain overseas for a period of at least five complete tax years to avoid a CGT…
A trust can be very effective in reducing inheritance tax ('IHT') and avoiding capital gains tax . Anyone with assets that are standing at a gain and are looking to reduce IHT could therefore use a trust arrangement effectively. Most new trusts…