UK & Offshore Tax Planning Blog
If you stop occupying a main residence and decide to rent it out for a period prior to a disposal what impact would this have on CGT when you eventually sold it? Well, the period that you let it for would not usually qualify for principal private…
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…
The tax position of offshore property developers will depend on how they structure their development activities. Property developers that develop property overseas, and who are UK resident will be subject to UK income tax on any profits generated…