Bespoke - for private clients
Tuesday, December 20, 2011 | Posted by: Naomi Smith
Categories:
Protecting your wealth
| Tags: tax,
tax planning,
offshore,
inheritance tax,
IHT,
tax havens,
tax avoidance,
domicile,
Naomi Smith,
tax haven,
non-dom,
tax evasion,
discretionary trusts,
tax saving,
IHT planning,
offshore trusts,
investment income,
offshore investment wrappers
As HM Revenue & Customs (HMRC) steps up its mission to prevent British taxpayers illegally evading tax by holding their investments offshore and ‘forgetting’ to report them on their tax returns, we look at two legitimate opportunities to save tax through offshore set-ups: offshore investment wrappers and offshore trusts.
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Tuesday, November 01, 2011 | Posted by: Naomi Smith
Categories:
Personal,
Protecting your wealth
| Tags: tax,
tax planning,
offshore,
income,
domicile,
Naomi Smith,
residence,
non-dom,
residency,
overseas,
non-domicile,
UK,
offshore funds,
non-residency,
remittance basis,
foreign income,
ordinarily resident,
tax liabilities,
resident
There are currently a quarter of a million online discussions asking questions about how you will be taxed if you bring money from abroad or transfer foreign income into the UK. The multitude of answers are enough to tax anyone’s brain, but the foremost deciding factor is domicile. Here,we look at the situation for both UK-domiciled and non-domiciled individuals.
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Friday, June 17, 2011 | Posted by: Sue Knight
Categories:
Personal,
Protecting your wealth
| Tags: tax,
HMRC,
offshore,
Sue Knight,
consultation,
domicile,
non-dom,
UK residency,
non-domicile,
non-UK domicile,
remittance,
remittance basis,
remittance basis charge,
UK resident
This could be considered a familiar headline, but once again today, a consultation has been issued by the Government outlining proposed changes to the taxation of non-UK domiciled individuals.
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Thursday, April 21, 2011 | Posted by: Dave Jennings
Categories:
Protecting your wealth
| Tags: tax,
Dave Jennings,
HNWI,
Protect Your Wealth,
investigation,
amnesty,
domicile,
offshore assets,
evasion,
HNWI unit,
High Net Worth Unit,
PTSP,
avoidance,
Plumbers Tax Safe Plan
Ready to rock ‘n’ roll with HM Revenue & Customs’ punches? Dave Jennings, our tax investigations expert, tells the tale of how wealthier taxpayers are being targeted.
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Friday, June 11, 2010 | Posted by: Fiona Cullinan
Categories:
Business,
Protecting your wealth
| Tags: HNWIs,
property,
capital gains tax,
CGT,
IHT,
pensions,
NIC,
budget,
tax avoidance,
planning,
domicile,
private residence relief,
PPR,
residence,
NICs,
National Insurance Contributions
How are your revenues, assets and tax planning likely to be affected in Chancellor George Osborne’s Budget on 22 June? We look at seven areas that will affect high net worth individuals…
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Tuesday, May 18, 2010 | Posted by: Sue Knight
Categories:
Protecting your wealth
| Tags: tax,
entrepreneurs,
tax planning,
investment,
offshore,
Sue Knight,
IHT,
James Caan,
domicile,
non-dom,
Cayman Islands,
non-domicile,
Inheritance Tax,
Duncan Bannatyne,
Pakistan,
earnings,
Dragons’ Den
The
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Thursday, April 08, 2010 | Posted by: Sue Knight
Categories:
Protecting your wealth
| Tags: tax,
HMRC,
Sue Knight,
tax havens,
domicile,
HMRC6,
residence,
Gaines-Cooper,
residency,
IR20,
UK residents,
non-residency,
status
An intolerable uncertainty now exists for UK non-residents following the outcome of the Judicial Review hearings of Davies, James and Gaines-Cooper – as I outlined last month in
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Thursday, March 04, 2010 | Posted by: Sue Knight
Categories:
Protecting your wealth
| Tags: tax,
HMRC,
HNWIs,
Sue Knight,
tax havens,
domicile,
residence,
Gaines-Cooper,
residency,
IR20,
UK residents,
status,
Finance Bill 2008
The
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Wednesday, March 03, 2010 | Posted by: Richard Jameson
Categories:
Protecting your wealth
| Tags: tax,
HMRC,
HNWIs,
Richard Jameson,
corporation tax,
domicile,
Gaines-Cooper,
high net worth individuals,
Ireland,
residency,
IR20,
Irish domicile levy,
2010 Finance Bill
Ireland has been held up as a country with a progressive and attractive tax regime, so the proposal for a domicile levy has taken Irish high net worth individuals (HNWIs) aback. On the other side of the Irish Sea, the recent findings in the Messrs Davies and James and Mr Gaines-Cooper case regarding
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