[WKU]≡ PDF Free Tax Saving Tactics for Non-Doms The New Rules for Non-Domiciled Taxpayers Lee Hadnum 9780957602465 Books

Tax Saving Tactics for Non-Doms The New Rules for Non-Domiciled Taxpayers Lee Hadnum 9780957602465 Books

Download As PDF : Tax Saving Tactics for Non-Doms The New Rules for Non-Domiciled Taxpayers Lee Hadnum 9780957602465 Books

This brand new tax saving book explains the new rules for non-doms in plain English. It also reveals exactly how you can use your special status to save thousands of pounds in income tax, capital gains tax and inheritance tax.

The new tax rules contain several important exemptions and concessions that allow non-domiciled individuals to keep money offshore and tax free or make tax-free remittances.

Combined with other UK tax loopholes, non-doms and their families can still hold large overseas bank deposits, share and property portfolios and holiday homes and pay very little or no UK tax.

What information is contained in the Book?

Subjects covered include

All relevant tax changes from the March 2013 Budget.

How to structure a 100% tax-free overseas investment portfolio.

How to avoid the £30,000 and new £50,000 remittance basis charges.

All about the new Business Investment Relief

How to save tax by gifting overseas assets to your children.

How every non-dom couple can save an extra £1,599 tax every year.

How a couple with £80,000 in overseas bank accounts can completely avoid UK tax.

How a non-domiciled individual with £200,000 invested in bank accounts, shares and property can also escape UK tax altogether.

How to enjoy a tax-free holiday home in the sun. ... including one couple with a £150,000 profit who will pay no capital gains tax.

How offshore bonds can help you avoid UK tax. ... plus traps to watch out for.

How married non-doms should split their assets to save more tax.

When you should and should not claim the remittance basis.

Why recent tax changes may make claiming the remittance basis more attractive.

When you can use overseas debit and credit cards to avoid the remittance rules.

New loopholes that allow you to save thousands in tax, including
*the exemption for clothing, jewellery and expensive watches.
*the exemption that lets you save £400 tax when you spend £1,000 abroad.

What you do and do not have to disclose to the taxman.

How to enjoy a tax-free overseas pension when you retire.

The tax treatment of non-dom employees living in the UK.

How non-doms can use offshore trusts to save tax.

The tax saving benefits of offshore companies.

How to convince the taxman that you and your children are non-domiciled.

Tax planning in reverse When it pays to become UK domiciled.

How the £55,000 inheritance tax exemption for non-doms works and the 2013 changes.

Answers to common tax questions from non-doms living in the UK.

Tax Saving Tactics for Non-Doms The New Rules for Non-Domiciled Taxpayers Lee Hadnum 9780957602465 Books

Product details Paperback 152 pages Publisher WPR Tax Publishing; 7th edition (May 12, 2013) Language English ISBN-10 0957602464

Tags : Tax Saving Tactics for Non-Doms: The New Rules for Non-Domiciled Taxpayers [Lee Hadnum] on Amazon.com. *FREE* shipping on qualifying offers. This brand new tax saving book explains the new rules for non-doms in plain English. It also reveals exactly how you can use your special status to save thousands of pounds in income tax,Lee Hadnum,Tax Saving Tactics for Non-Doms: The New Rules for Non-Domiciled Taxpayers,WPR Tax Publishing,0957602464,LAW Taxation

Tax Saving Tactics for Non-Doms The New Rules for Non-Domiciled Taxpayers Lee Hadnum 9780957602465 Books Reviews

Lee Hadnum takes great care in explaining the ever changing tax laws, so much so that it is easy to understand by all. The UK taxation laws are extremely technical and to find a publication that breaks it all down to its simplest components is refreshing. Lee uses lots of different examples to help you gain a proper understanding of each principle presented. The books are updated each year so that you always get the latest tax law information.

There are a lot of people in the UK classified for tax purposes as non-domiciled, if they have businesses abroad as well as being a foreign national they cannot avoid paying UK taxes on income earned outside of the country. This is a very complicated law with many stipulations. Becoming classified as non-Dom is great but the money has to stay offshore, once it enters the UK you can be taxed on it.

The first half of the book explains who will qualify for this status. It is not as easy as it may seem and the book even explains that it may even be more advantages to claim UK domicile as opposed to being a foreign national. The UK recently put into law an anti-avoidance legislation that makes claiming non-Dom harder. This is also talked about in this book.
Hadnum explains how to structure a portfolio that is 100% tax free for foreign investments. This is one book that you would do well to have in your Lee Hadnum collection.
Exactly the kind of publication I was looking for! Lots of details and examples about different posible situations. To be recommended!