Summary of tax changes in the Pre Budget Report This was promised to be a tax cutting 'bonanza' but it's not quite lived up to expectations at least not for the majority of our site members. Here's some of the key changes and amendments focusing on…
UK companies could use offshore companies to trade overseas and avoid UK tax. Provided the offshore companies were controlled from overseas and were carrying out an overseas trade there would be no UK tax on the profits. This assumes that the…
If you leave the UK under a full time contract of employment to work overseas you can establish non UK residence status . In order to do this you would need to ensure that your visits to the UK were less than 90 days in a tax year. If you spend less…