UK Tax Blog

UK & Offshore Tax Planning Blog

Avoiding inheritance tax without surviving for seven years

It may be the case that an elderly person has significant assets which exceed the nil rate band but the prospect of them surviving for seven years does not look good. In any cases where the seven year survivorship period won't be met, this will…

Splitting a disposal to reduce CGT

Splitting a disposal over more than 1 tax year can be very advantageous in reducing capital gains tax as this can then allow another annual exemption to be offset. If an asset is owned jointly between husband and wife this can represent almost an…

UK tax consequences of selling offshore company

Anyone contemplating selling shares in an offshore company would need to consider both the standard Capital Gains Tax rules that apply when any asset is sold as well as the specific anti avoidance legislation that can apply to overseas assets. A…

Cookie Control