UK & Offshore Tax Planning Blog
We're often asked about when an offshore trust can be used tax efficiently. It can be very attractive for non doms - but what about UK domiciliaries? In this article we look at when offshore trusts can be used by UK doms. Using an offshore trust…
The main income tax anti avoidance rules relating to UK residents using offshore companies are contained in the transfer of asset provisions. These rules apply where the following conditions are satisfied: • There must be a transfer of assets by an…
Non-residents selling UK residential property will be subject to CGT on disposals from April 2015.Currently they are exempt from CGT on disposals of investment property providing they are non resident for at least 6 tax years. The changes will…