UK Tax Blog

UK & Offshore Tax Planning Blog

Issue of preference shares to extract cash

As well as 'ordinary' shares preference shares can be issued. These carry a right to a fixed amount of dividend. The receipt is therefore akin to loan interest as its a fixed amount but it is still treated as a dividend for tax purposes. Therefore as…

Avoiding inheritance tax by moving overseas

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…

What UK tax would an offshore company pay?

Using an offshore company is often thought of as effective in terms of avoiding UK tax. However this is not necessarily the case. There are a number of cases when an offshore company could be subject to UK tax. If the company receives UK rental…

Cookie Control