UK & Offshore Tax Planning Blog
The basic rule is that companies are associated if they are both controlled by the same person: If you own 51% or more of Company A, you control Company A. If you own 51% or more of Company B, you control Company B. The two companies are controlled…
If you are subject to the £30,000 or £50,000 tax charge the tax legislation states that you need to make a nomination of your overseas income or gains. You need to nominate some foreign income or gains, but you do not necessarily need to nominate the…
Double tax treaties offer some tremendous opportunities for tax planning. In particular establishing treaty residence overseas can effectively completely eliminate most forms of UK corporation tax. For companies the standard double tax treaty decides…