UK & Offshore Tax Planning Blog
More detailed record keeping to keep a track of income that has been taxed (via the £30,000 tax charge) and other unremitted income will need to be kept by non UK domiciliaries after April 2008. However the legislation states that the record keeping…
Here's an interesting scenario. Non Doms can purchase certain personal assets abroad out of foreign income and bring the assets into the UK without this being a taxable remittance. This is because exempt remittances includes Watches and Jewellery…
If you're looking to establish residence in a country that does not tax worldwide income there are three broad choices: Firstly you could opt for a country that levies tax on a territorial basis. This includes countries such as Panama, Costa Rica…