THE EXODUS OF WEALTH CREATORS

As the ever-looming Autumn budget moves closer, and the threat of a changed tax landscape in the UK, we are seeing a continued increase in the number of wealth creators leaving the UK for sunnier shores. It is vital that people take control of their financial planning in these final weeks. Proposals such as the abolition of the non-domiciled tax status, capital gains tax increases and hikes to inheritance tax could severely impact those with significant assets.

The potential tax adjustments, with higher earners at risk of increased rates or even new bandings, and changes to the likes of inheritance tax on the horizon, it is a stark warning to business owners and wealthy individuals – without a strategic financial plan, your hard-earned wealth could be exposed to punitive taxation.

With the stakes rising, seeking expert advice is crucial. Now is the time to explore offshore structures and tax-efficient investments. We have the knowledge, experience and expertise to guide you to the correct path and help you retain the wealth you have worked so hard to create. Visit our offshore company formations page for more information.