UK Tax Blog

UK & Offshore Tax Planning Blog

Tax on disincorporation

Anyone considering ceasing to trade as a company and instead carrying out their business as a sole trader or partnership should be very careful to ensure there are no taxes on disincorporation. Given the changes to the rates of corporation tax…

How Tax Havens can Save Tax

Tax havens are useful in lots of different ways, including: Emigration If you fancy living abroad, one option is to live in a tax haven. Fortunately many tax havens have extremely high living standards and are beautiful places to stay. If you choose…

Tax on loans from an offshore company

Where loans are made to shareholders from a UK resident company, the main problem is the 'loans to participator' provisions. These apply so that the company that makes the loan has to pay a 25% tax charge to the Revenue (based on the amount…

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