UK & Offshore Tax Planning Blog
You're usually resident or non resident in the UK for an entire tax year. Based purely on the tax legislation there is no facility to split tax years with you being resident for a part but non resident for another part. However, by concession HMRC do…
Companies looking to expand overseas could use an offshore company to potentially avoid UK corporation tax. The company would still need to be non resident in order to avoid UK corporation tax on the foreign trade. Therefore it would need to have…
Determining when you can and can't qualify for Principal Private Residence ('PPR') Relief can have a big impact on your CGT liability. In many cases PPR relief will eliminate or at least substantially reduce any CGT liability. As well as PPR relief…