Taxation
This article explains the proposals announced in this year’s UK budget.
The aim of this article is to explain how income tax will be assessed where UK resident individuals hold an offshore regular or single premium life assurance bond, or a capital redemption bond ('Bond') offered by Royal Skandia Life Assurance Limited (Royal Skandia), Skandia Life Ireland Limited (SLIL) or Old Mutual International Guernsey (OMIG).
Inside Taxation
Individual Taxation
- The super six benefits of an offshore bond for UK expatriates
The aim of this article is to provide a high-level summary of some of the key UK taxation benefits which an offshore bond can provide to a UK expatriate investor. These benefits are presented for consideration alongside the other aspects of investment advice.
Company Taxation
- UK corporate investors – how an offshore bond may help
The following article provides information about how an offshore bond may help UK corporate investors utilising the reduction in Corporation Tax rates.
Country Specific
- Statutory definition of tax residence – a summary
In 2011, the Government announced its intention to introduce a full statutory definition of tax residence for individuals. The purpose of this is to replace the current uncertain and complicated residence rules with a clear statutory residence test that is simple for the taxpayer to use.
- Vive la trusts
This article provides a summary of the new set of rules on the taxation of trusts in France. The changes were enacted into law in July 2011 with the aim of preventing tax avoidance through the use of trusts.