Looking at the non dom legislation governing remittances there are various tests that need to be satisfied before a remittance is classed as a 'taxable remittance'. In this article we look at one opportunity that could avoid these remittance tests…
As we all know the maximum CGT rate has increased substantially for disposals after 22 June 2010. However, the recent Finance Bill has produced some useful clarifications on the transitional rules that will apply, in particular when disposals are…
The rise in the rate of CGT should make offshore bonds even more attractive. The profit when you sell an offshore bond is taxed as an offshore income gain, and is subject to income tax. On disposals before 23 June 2010 we have an 18% rate of CGT, but…