Using an offshore company is often thought of as effective in terms of avoiding UK tax. However this is not necessarily the case. There are a number of cases when an offshore company could be subject to UK tax. If the company receives UK rental…
Given the growth in overseas property investment by UK residents there are a lot of 'managed' opportunities around. These are often structured with an offshore company being formed (eg in the Seychelles, BVI or Panama) and this is then used to…
If an employee undertakes work in the UK and has non UK resident status there is usually no problem with opening a UK bank account to receive the salary. If the employee is non UK resident he would be exempt from UK income tax on overseas salary…