UK & Offshore Tax Planning Blog
More detailed record keeping to keep a track of income that has been taxed (via the £30,000 tax charge) and other unremitted income will need to be kept by non UK domiciliaries after April 2008. However the legislation states that the record keeping…
The use of foundations has gained in popularity over the past few years, given its unique characteristics. In essence it is a special form of trust, however, this simplification does not do it justice. The Panama Foundation is a type of entity that…
As well as avoiding income tax and capital gains tax by moving offshore avoiding inheritance tax is often a key concern. In order to avoid inheritance tax you would need to ensure: - Firstly that you lost your UK domicile - Secondly that you either…