UK & Offshore Tax Planning Blog
The new Entrepreneurs Relief applies for the purposes of capital gains tax - not income tax. Therefore a property developer that was conducting a trade would not be able to argue that a disposal of a property would qualify for Entrepreneurs relief…
For any non doms looking to assess when income is or is not classed as remitted to the UK, it's important to note that income counts as remitted if it is received in the UK on your instructions. It therefore doesn't need to be received directly by…
If you buy a property for the benefit of one of your children (eg for them to live in) you should consider the future CGT position if you transfer it to them. Any interest in the property owned by you would be subject to CGT given it's not your main…