Capital Gains Tax on Overseas property and using a limited company

Knowing when to use a company to reduce your UK taxes, and when not to can be difficult. Usually it's a case of comparing the after tax position under the different options to find out which leads to the best result. However, there are cases where some general rules can be used. We've looked at this in a new article: Capital Gains Tax on Overseas property This looks at when it can be most tax efficient to purchase overseas property in your own name, and when using an offshore company can be advantageous. Offshore companies in particular are a complex vehicle to use and the clampdown on offshore avoidance makes it even more important to ensure that you use the company only when there are clear tax benefits to doing so. Capital Gains Tax is usually one of the main considerations, and using an offshore company can be tempting if there is an exemption from tax on any gain. Of course your Residence and Domicile position will be crucial, and the above article takes account of this.