UK & Offshore Tax Planning Blog
Today's Budget has now been and gone. The most significant changes in today's Budget, as they'll effect our members, are planned to apply from April 2012. By and large the changes applying for the 2011/2012 tax year are relatively minor, with the…
Entrepreneurs Relief now lets you pay 10% tax on up to £5 million of capital gains during your lifetime. With the top capital gains tax rate now 28%, the potential saving is £900,000 per person. The relief is designed mainly for people selling…
Given the relatively high rate of UK inheritance tax, many people look to lose their UK domicile status when they leave the UK. This has the advantage of ensuring that overseas assets are outside the scope of UK inheritance tax. It also means that…