UK & Offshore Tax Planning Blog
With the rise in the rate of income tax from 40% to 50% next year introducing a corporate partner could be an option for any partnerships looking to reduce tax. How are partnerships taxed? Partnerships are treated as transparent entities for tax…
A huge number of people are forecast to leave the UK over the next 5 years, and therefore this is an important subject for a lot of people. Many of these points are covered in more detail in other articles but it's useful to 'bring them together'…
In this article we look at a couple of limits that HMRC apply in practice to non doms. Note that you won't find any of these limits in the tax legislation. These are applied by HMRC purely as a matter of practice. However, these practices have been…