UK & Offshore Tax Planning Blog
If you receive an inheritance you'll be pleased to know that there's no income or capital gains tax on the actual receipt. So whether the inheritance is from the UK or a relative overseas you can receive it free of UK income and capital gains tax…
The new Entrepreneurs relief that applies from 6 April 2008 will continue to allow a tax free loan account to be created on the incorporation of a business. Under the previous taper relief regime, someone incorporating a trading business into a…
Under the pre 2008 rules non UK domiciliaries were prevented from obtaining capital gains tax relief on any capital losses as they were subject to the remittance basis. The 2008 Finance Bill removed that restriction and therefore they will now obtain…