Giles Clarke at Offshore Tax Planning Isle of Man: A New Era for UK Derived Businesses
2008 has seen dramatic changes in the UK tax rules applicable to offshore tax planning. The headlines were captured by the new rules for non domiciliaries. But that legislation has also resulted in changes to the CGT capital payments code and to the rules applicable to individual residency.
The effect of the changes is that offshore trusts remain a vital tool in financial planning for non domiciliaries resident in the UK. They also continue to secure advantages for those who are both resident and domiciled in the UK. But as always the rules are complicated and must be understood if the hoped-for advantages are to be secured. Many traps exist for the unwary.
LexisNexis Tolley are proud to launch the inaugural conference in the Isle of Man. The event will be taking place on Tuesday 23rd September. This conference is a vital update for professionals in the Isle of Man. It should be attended by lawyers, accountants, private banks and all those who work with UK-based private clients. The conference will be addressing:
• The New Capital Payments Code for Trusts
• The New Remittance Basis For Non Domiciliaries
• Non Domiciliaries and Trusts
• Residency Issues
• Compliance and Enforcement
To reserve a place at this conference visit the conference page on this site, call: +44 (0)20 7347 3574 or email: conferences@lexisnexis.co.uk.
