UK & Offshore Tax Planning Blog
HM Treasury published its report on whether a general anti-avoidance rule ("GAAR") should be introduced into the UK tax system (the "Report"). The Report concluded that a GAAR would benefit the UK tax system, provided it was limited in its scope. It…
UK Residents are subject to UK tax on the profit on disposal of an interest in an offshore fund. As most members will know, the UK tax implications differ according to whether the fund is a reporting fund or a non-reporting fund. If an offshore fund…
We've produced a new tax calculator that looks in detail at the tax implications of using a company. Simply enter details of your profits and it calculates the total tax payable if you used a company as opposed to if you traded in your own name. You…