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Private school fees can be a significant expenditure to your net salary and with the threat from a Labour Government to abolish the charity status of them, it could mean an additional rise in fees of 20% to cover the cost. Many UK schools are highly sought after by foreign nationals and payment for fees
There is much talk of what a Labour Government may decide to do should they get into power. Some of that talk centres on whether they will look to introduce a Wealth Tax. What form a Wealth Tax might take would be anyone’s guess, but a firm favourite would be a tax on property. It
United Arab Emirates (UAE) is cleaning up its reputation on the global stage with the introduction of corporation tax which will tax UAE-based businesses net revenues at 9%. As a mark of its intentions, the new tax will strengthen the country’s position as a world-leading hub for businesses and investment and will help it to
As of 1st June 2023, the United Arab Emirates (UAE) is to introduce corporation tax rate of 9%. While this rate is still considered low within a global context – the UK’s corporation rate is rising to 25% – many may consider there is a strong argument that UAE is no longer as attractive a
The British Virgin Islands (BVI) is a popular location to consider when forming an offshore company. Some of the key advantages include: Tax benefits: BVI has a tax-friendly environment, with no corporate or personal income taxes. Confidentiality: BVI has strict confidentiality laws, which means that information about your company’s shareholders and directors will be protected. Ease of
You’re probably aware that Credit Suisse is facing a banking crisis right now, and the ripples are being felt across the world, with other banks under scrutiny. However, it doesn’t mean that you should avoid banking offshore as there are still several benefits on offer. While the Credit Suisse scandal has cast a shadow over
If you’re thinking of investing in rental property, it’s worth considering whether a limited company is right for you. A limited company can offer some significant benefits over other investment vehicles such as buy-to-let mortgages and personal accounts. Here we explore how to take advantage of these benefits and how it could help your long-term
There are a number of reasons why Belize is such a popular place for people all over the world to form their Offshore Companies. Whether your priority is speed of incorporation, privacy, tax rate or global reputation, January is the best time of the year to incorporate in Belize. So get in touch with us
If you are considering ways to limit or reduce the amount of personal tax you are currently paying, then on your list of possibilities should be a move to Portugal. Portugal offers several tax benefits to non-Portuguese residents which the country has named the Non-Habitual Resident (NHR) regime. The NHR regime allows for reduced rates
What is a trust? A trust is a legal agreement between three parties: the trustor (the person who establishes the trust), the trustee (the person who manages the trust), and the beneficiary (the person who benefits from the trust). Trusts can be used for a variety of purposes, including estate planning, tax planning, asset protection,
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