Offshore Taxation


Tax advice essential for expats

12/02/2010
British expats have been urged to get independent tax and legal advice before deciding which country to opt for when it comes to retiring or working abroad. Read moreRead more

Tax havens are not just for ‘Formula One champions’

10/02/2010
Offshore tax havens are not just for British Formula One champions, it has been claimed.

According to the Daily Telegraph, retirees who head abroad when they finish work can get the most out of their savings and pension plans by taking them overseas with them. Read moreRead more

Income tax rise ‘may prompt migration of top earners’

03/02/2010
High earners in the UK could be looking to move abroad in the coming year if a planned rise in income tax goes ahead.

According to a new report by international law firm Withers, three-quarters of high earning individuals are likely or somewhat likely to emigrate in the next 12 months. Slightly less than three-quarters also said that they would move their family and business. Read moreRead more

Offshore finance center Antigua moves to OECD white list

06/01/2010
The offshore finance center of Antigua has become the latest to be placed on the Organisation for Economic Co operation and Development's (OEDC) white list. Read moreRead more

Investigations to begin into offshore tax evasion

05/01/2010
The deadline has passed for declaring offshore tax liabilities to Her Majesty's Revenue and Customs (HMRC) under the new disclosure opportunity.

UK residents had until 17:00 GMT on January 4th to inform the government of any tax which had not been paid on offshore accounts before investigations begin today January 5th. Read moreRead more

Retirees advised to consider tax regimes

29/12/2009
Brits of retirement age are being advised to consider the tax regimes of the countries they are moving to by Shelter Offshore.

The offshore finance specialists have said that one of the most important aspects of planning a retirement abroad is ensuring that your finances are in order. In particular for older people this applies to their pension fund. Read moreRead more

Cayman Islands has ‘no plans for direct taxation’

15/12/2009
Offshore finance centre the Cayman Islands has no plans to reform its system of tax advantages in the near future, according to the countries new premier. Read moreRead more

Tax advantages ‘drive directors abroad’

14/12/2009
Tax advantages in British territories are attracting entrepreneurs to leave the UK at a rate of ten per week, according to new figures.

Using data collected from Companies House, Philip Beresford, who compiles the Sunday Times Rich List, discovered that the 50p rate of tax placed on high earners by the current government was leading to more directors and partners moving abroad. Read moreRead more

Harsher fines for offshore tax avoidance

10/12/2009
Fines for those not declaring offshore tax liabilities could reach 200 per cent of the unpaid tax value under new plans from the Treasury.

As part of the pre-budget report, the government has announced that it will be clamping down on those who use offshore accounts to avoid paying tax. Read moreRead more