It pays to take advice

Professional Adviser
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Greg Jones looks at the suitable offshore opportunities available to mitigate UK tax and says that a little planning could go a long way

Despite the torrent of anti-avoidance legislation which has rained down upon offshore practitioners in recent years, there are still many opportunities to mitigate tax by conducting your affairs through the use of offshore entities. Whether it is actually worth it depends on the circumstances of each case: you need to take into account not only the cost and relative inconvenience of placing your assets in the hands of offshore trustees and/or company directors, but the actual tax savings may not be what they once were. UK Chancellor Gordon Brown recently proposed that taper relief in ...

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