UK Tax Blog

UK & Offshore Tax Planning Blog

UK tax on salary paid into offshore account

The income tax liability on your salary and employment income does not usually depend on where it is paid, but rather on: - your residence status, and - the location of the duties If you are UK resident your salary will be taxed in the UK…

Tax on selling part of your garden

If you have a large garden or other grounds you may consider selling part of the land separately from your property. If the land was part of your main home the capital gains tax base cost would be the appropriate part of the cost of the house and…

Using a Form 17 to reduce income tax

Usually where a married couple (or civil partners) own a property jointly any investment income from that property is split equally. If one spouse is a basic rate taxpayer, and the other is a higher rate taxpayer this may not be advantageous. A form…

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