UK & Offshore Tax Planning Blog
Given the growth in overseas property investment by UK residents there are a lot of 'managed' opportunities around. These are often structured with an offshore company being formed (eg in the Seychelles, BVI or Panama) and this is then used to…
If an employee undertakes work in the UK and has non UK resident status there is usually no problem with opening a UK bank account to receive the salary. If the employee is non UK resident he would be exempt from UK income tax on overseas salary…
In general terms the tax liability of a company is determined by its residence status. If it's UK resident it's charged to UK corporation tax on its worldwide income and gains. If its non resident it's only charged to tax on profits from a UK trade…