|
|
|
Lee Hadnum - EzineArticles.com Expert Author
[Display Categories] Sort By [Title] [Newest] [Oldest]
- How Much More Tax Will You And Your Company Be Paying After The New Income Splitting Rules Come In?
[Finance:Taxes] Many small companies have paid corporation tax at the 19% rate of corporation tax, and have then extracted profits using a combination of a small salary to cover the personal allowance, and the remainder of the profits extracted via dividends. This is still likely to be a popular strategy to extract profits as its ensures that full use is made of salary to utilise the personal allowance, with dividends, (generally a lower tax option) making up most of the extraction.
- How to Avoid Capital Gains Tax and Inheritance Tax on the Transfer of Property to Children
[Finance:Estate-Plan-Trusts] Many people want to pass assets and in particular property onto their children. This could be in the hope of avoiding inheritance tax or simply as a means to give children a 'good start' in life. Any transfer of property will however have tax implications and these should be carefully considered.
- Getting Tax Relief on Your Investment When a Company is Wound Up
[Business:Strategic-Planning] When the worst happens its important to know how to come up smelling of roses. This article addresses possible strategies.
- Offshore Tax Planning For Beginners
[Finance:Taxes] OK, you've decided you want to find out what you can do to reduce your taxes, but can't afford the sky high fees that specialist tax planners/lawyers/accountants charge? If so read on, as we're going to look at some basic offshore tax planning strategies to see what you can and can't do.
- The Top Ten Tax Mistakes That UK Expatriates Make
[Finance:Taxes] Moving overseas is one of our favorite topics here at WealthProtectionReport, and in keeping with this we thought it'd be useful to look at some of the mistakes that are commonly made by people leaving the UK to avoid UK taxes. Have a read through these and make sure you don't fall into any of the traps!
- Establishing Non-Residence When You Live Overseas And Work In The Uk
[Finance:Taxes] A number of people have commented that they've got plans to telework from overseas. This will usually involve spending some time in the UK, and some time overseas, but actually living the majority of the time overseas. The UK tax implications of this can be difficult to get to the bottom of, but as always we've had a good go!
- How to Become a Tax Exile
[Finance:Taxes] We've all read in novels and the popular press of the rich and famous avoiding UK taxes by basing themselves overseas and flitting in and out of the country to conduct business dealings. In the past becoming a tax exile in this way was reserved for the very wealthy who had the access to the expertise as well as the cash resources to allow them to gain residency in low tax jurisdictions and to fund this kind of lifestyle.
- Is a UK Pension Still Beneficial For a UK Expat?
[Finance:Personal-Finance] The tax breaks associated with making a UK pension contribution are well known. On the making of a qualifying contribution you can obtain a tax relief at the basic rate of 22 per cent. Therefore for every £78 you put into a pension this is grossed up by the taxman to £100. If you're a higher rate taxpayer you can claim the addition relief through the tax return.
- Investing In The UK Through An Offshore Company To Avoid UK Tax
[Investing] It's common for foreign nationals living in the UK to place funds in UK investments. However a Non UK domiciliary faces two key tax disadvantages when considering investing directly in the UK (eg in UK property) if they are UK resident. These are: * The investment is subject to UK Inheritance tax * Any income or capital gain from the asset is subject to UK tax and the remittance basis does not apply. As a result of these, in the absence of a trust the main method to avoid both of these problems is to hold the UK investment via an offshore holding company. Let's look at the three key UK taxes and see how this will impact on them.
- The Best European Tax Havens
[Finance:Taxes] Everyone knows that there are some great tax havens around the world - but where are they and do they suit your particular needs? Find out here.
- How To Avoid Capital Gains Tax By Moving Overseas
[Investing] This article discusses the basics of legally avoiding UK Capital Gains Tax by moving overseas. It looks at CGT free and low CGT jurisdictions.
- Becoming UK Non-Resident for Capital Gains Tax ('CGT') Purposes
[Finance:Taxes] If you have invested successfully you may be facing a large tax bill when you realise your gains. This is particularly true if the investment concerned was not planned to be tax efficient or if no exit strategy was decided when the investment was made. Often the gains are so large that people will consider emigration to avoid tax - this article discusses some possibilities.
- Uk Capital Gains Tax - What You Need To Know To Avoid It!
[Finance:Personal-Finance] Capital gains tax ('CGT') is the tax that you pay when you sell an asset. So if you sell property, or an investment you'll need to consider CGT. Learn how to manage your exposure to this wide-ranging tax and avoid giving away your hard-earned cash to the Tax man!
- Offshore Tax
[Finance:Personal-Finance] 'Moving offshore' is a common tax planning strategy that you've probably seen mentioned in thrillers or seen in Hollywood films - but how applicable is it the average man in the street?
|
|
|
