UK & Offshore Tax Planning Blog
If you're looking to establish residence in a country that does not tax worldwide income there are three broad choices: Firstly you could opt for a country that levies tax on a territorial basis. This includes countries such as Panama, Costa Rica…
The PBR introduced a new loss carry back rule that applies for accounting periods ending between 24 November 2008 and 23 November 2009 (for companies) and in tax year 2008/2009 (for unincorporated businesses). As well as the existing 1 year carry…
If you could get a full income tax deduction for the costs of your visits to and from your overseas rental property that could represent a very nice tax deduction. Not surprisingly though, the taxman looks to restrict this deduct as much as he can…