There's no getting away from, it the taxman wants his slice. But there are a number of options for those who get the right advice on investing offshore
It is wrong to believe that investing money offshore mitigates the tax burden for an investor. Increasingly, authorities are closing down on vehicles such as trusts and offshore bank accounts for reasons of tax avoidance, and in some instances the UK tax consequences are not always immediately obvious and can come as an unpleasant surprise. Likewise with investments made by expatriate and non-domiciled individuals, which more often than not come into the scope of some form of tax, whether it be tax on disposal or when re-entering a country of residence. There are, however, some planning op...
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