| When can you use Offshore trusts and companies to avoid UK tax |
| Written by Administrator | |
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This is a popular topic. Many people are looking to use offshore companies or trusts to minimise both UK and overseas taxes. This could be for any number of reasons (eg because they are carrying out a trade overseas, or because they own overseas assets that generate an overseas income) and they could be looking at avoiding UK income tax, capital gains tax or Inheritance tax. If you're planning on using an offshore company or trust you need to tread carefully, as it's a bit of a minefield! There are a number of Revenue anti avoidance rules that can apply and you need to carefully consider whether you can manage to avoid being caught by these. This article tells you what you need to know to enable you to decide when you can and can't use an offshore trust or company. redirect to:http://www.wealthprotectionreport.co.uk/members/166.cfm |
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