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, overseas, tax haven, commercial property, income from property, offshore assets, evasion, holiday homes, Tax Investigations, avoidance, 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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Are you au fait with the financial side of owning a French property?

Friday, August 05, 2011 | Posted by: Stuart Maggs
Categories: Protecting your wealth | Tags: tax, tax planning, property, compliance, liability, inheritance, Stuart Maggs, rental, real estate, foreign property ownership, foreign assets, France, forced heirship, holiday home, French, SCI, tax structures, wealth tax

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If an Englishman’s home is his castle, then his holiday home may well be a chateau in France. But a recent U-turn on taxing foreign property owners, strict inheritance rules and the challenge of complying with both French and UK tax laws can taint the dream. What are the issues and what can you do to minimise them?

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