UK & Offshore Tax Planning Blog
One way of using a limited company to reduce tax is as the managing partner in a limited liability partnership. Partnerships are transparent for tax purposes. Therefore where a partner is non-resident and the partnership income has a non-UK source…
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…
The CGT changes that apply from April 2008 as well as the general changes to the tax rates over the next year or two mean that if you own property personally there will be a CGT rate of 18%, whereas the income tax on rental income will be 20% for…