Bespoke - for private clients
Wednesday, June 13, 2012 | Posted by: Dave Jennings
Categories:
Personal,
Protecting your wealth
| Tags: tax planning,
HMRC,
offshore,
income tax,
Dave Jennings,
tax avoidance,
tax havens,
disclosure,
investigation,
banking,
penalties,
Liechtenstein Disclosure Facility,
Liechtenstein,
tax amnesty,
Switzerland,
LDF,
tax evasion,
savings,
offshore bank accounts,
Tax Investigations,
UK-Swiss deal,
secrecy
The UK-Swiss tax deal just got more expensive for Swiss bank account holders following changes to a similar agreement between Switzerland and Germany. Find out exactly what the changes mean for UK holders of Swiss bank accounts…
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Tuesday, December 20, 2011 | Posted by: Naomi Smith
Categories:
Protecting your wealth
| Tags: tax,
tax planning,
offshore,
inheritance tax,
IHT,
tax avoidance,
tax havens,
domicile,
non-dom,
Naomi Smith,
tax haven,
tax evasion,
IHT planning,
discretionary trusts,
tax saving,
offshore trusts,
offshore investment wrappers,
investment income
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,
UK,
income,
domicile,
non-dom,
residence,
Naomi Smith,
overseas,
non-domicile,
residency,
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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Thursday, September 22, 2011 | Posted by: Dave Jennings
Categories:
Personal,
Protecting your wealth
| Tags: tax planning,
HMRC,
offshore,
income tax,
Dave Jennings,
tax havens,
disclosure,
investigation,
banking,
penalties,
Liechtenstein Disclosure Facility,
tax amnesty,
Switzerland,
savings,
Liechenstein,
evasion,
Swiss,
Tax Investigations,
UK-Swiss deal
The new UK-Swiss deal clamping down on tax evasion is expected to drive UK investors into the arms of Liechtenstein – with significant tax savings possible through the Liechtenstein Disclosure Facility (LDF).
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Wednesday, August 17, 2011 | Posted by: Dave Jennings
Categories:
Personal,
Protecting your wealth
| Tags: tax,
entrepreneurs,
HMRC,
offshore,
income tax,
government,
Dave Jennings,
tax avoidance,
budget,
disclosure,
investigation,
penalties,
income,
relief,
Liechtenstein Disclosure Facility,
Liechtenstein,
amnesty
The plumbers amnesty (Plumber’s Tax Safe Plan or PTSP) that HM Revenue & Customs (HMRC) launched in March, was criticised as being a ‘damp squib’ at the time after a low take-up with many plumbers unconvinced that HMRC had any information about any undisclosed earnings. HMRC has hit back with news that it has arrested five plumbers on suspicion of tax evasion.
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Friday, July 08, 2011 | Posted by: Dave Jennings
Categories:
Personal,
Protecting your wealth
| Tags: tax,
tax planning,
HMRC,
offshore,
Dave Jennings,
tax havens,
disclosure,
investigation,
banking,
penalties,
Liechtenstein Disclosure Facility,
Liechtenstein,
tax amnesty,
amnesty,
Switzerland,
LDF,
HSBC,
evasion,
Tax Investigations
With a new round of tax investigations being launched into customers of HSBC in Switzerland, HM Revenue & Customs’ (HMRC’s) drive against holders of undeclared offshore bank accounts is heating up. Waiting to come forward could result in higher tax and penalties, so what are the tax amnesty options?
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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,
non-domicile,
UK residency,
remittance basis,
non-UK domicile,
remittance,
UK resident,
remittance basis charge
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, August 19, 2010 | Posted by: Grant Summers
Categories:
Personal,
Protecting your wealth
| Tags: tax,
tax planning,
HMRC,
offshore,
tax havens,
disclosure,
penalties,
Offshore Disclosure Facility,
NDO,
amnesty,
evasion,
medical,
Grant Summers
With hundreds of billions of national debt and
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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,
non-domicile,
Cayman Islands,
Duncan Bannatyne,
Inheritance Tax,
Pakistan,
earnings,
Dragons’ Den
The
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Thursday, April 22, 2010 | Posted by: Dave Jennings
Categories:
Personal,
Protecting your wealth
| Tags: tax,
tax planning,
HMRC,
offshore,
Dave Jennings,
investigation,
penalties,
Liechtenstein Disclosure Facility,
Liechtenstein,
OECD,
amnesty,
LDF,
tax haven,
200%
Tax, or National Insurance, was bound to be in the headlines during the Budget and Election but very little beats the threat of a 200% penalty for attention. Combined with a
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