Bespoke - for private clients

‘Affluent’ tax unit to hunt for hidden holiday homes

Thursday, November 10, 2011 | Posted by: Dave Jennings
Categories: Business, Personal, Protecting your wealth | Tags: tax, HMRC, property, income tax, Dave Jennings, tax haven, overseas, offshore assets, income from property, evasion, holiday homes, commercial property, avoidance, Tax Investigations, foreign property ownership, foreign assets, afluent teams, homeowners

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Holiday homes and offshore assets won’t be a personal tax haven for long as HM Revenue & Customs (HMRC) continues to crack down on those not paying the correct tax with a new initiative looking into those who own property abroad.

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What are the tax implications of bringing funds into the UK from abroad?

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

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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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Retiring abroad could be more taxing than you think

Thursday, March 03, 2011 | Posted by: Naomi Smith
Categories: Personal, Protecting your wealth | Tags: tax, property, capital gains tax, inheritance tax, CGT, IHT, retirement, Naomi Smith, HMRC6, residence, family, UK residency, residency, overseas, refunds, retire, children, options, abroad

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Planning to move abroad for retirement? Fancy a sunnier climate and ending your UK tax residence? We don’t blame you! But you’ll need to look at your tax position carefully because becoming non-resident is now more difficult than ever. Here’s why…

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How to minimise tax in a property downturn

Monday, July 19, 2010 | Posted by: Sue Knight
Categories: Protecting your wealth | Tags: tax, tax planning, property, capital gains tax, CGT, Sue Knight, China, partnership, Dubai, assets, investments, overseas, holiday homes

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After the Dubai property bubble burst, there is speculation that China is next. So whether you are seeking out an expected property boom or simply continuing to hold property, now is a good time for investors to review the structures in which they hold their property investments.

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