In these times it is even more important to get a grip on your own tax situation and start planning both for now and your future. This is particularly true if you own property and assets or work for yourself. The government are in need of funds, and the only way for them to get more, is to tax the populace. Our advisers can help you find a way through the tax maze. We can show you methods that most accountants know nothing about.
The thing about money is, it’s not about what you earn, it’s about what you have left.
Fiduciary Trusts
These are based on UK commercial trust law, and for the HMRC to challenge this system would mean rewriting the whole of UK tax law. They allow you to;
- Ring-fence all your assets and earnings for life.
- Never pay tax again, for you and your descendants.
- Choose to pay, or not pay tax.
- Be free from ALL forms of UK tax forever.
If you have made your wealth and wish to protect it for yourself and your family for generations to come this is the best solution.
This trust is set up and run by the top barristers in the UK.
Umbrella Remuneration Trust
These are for self employed earners who wish to choose significantly reduce their tax burden. You can use this if you are:
- Self employed as a sole trader, limited company or LLP etc.
- Want to protect your income from future tax
- Are not on a PAYE – no matter what the source.
- You earn income from property rentals or developments.
- An internet marketer, consultant, sell products or services from any source etc.
This is not a tax ‘loophole, tax dodge, tax avoidance scheme. It is a fully legal system, passed by HMRC for over 21 years.
Watch our video below:
Umbrella Pension Trust
Did you know, that your pension is lost if you die before you have used any, or all of it? Any unused pension gets sent back to government coffers.
Don’t waste a lifetime of savings!
Look at what a UPT can do for you;
- Take 85% your pension pot NOW in cash.
- Bequest unused pension to your beneficiaries.
- Spend it, save it and invest part or all of it as you choose.
- Requires funds of £60k or over.
- Use up to 85% of the total if you wish.
- Remember-it’s TAX FREE
Watch our short video 
IBC’s
An IBC (International Business Company ) allows you to buy property and protect most income from UK taxation.
- IBC’s allow you to pay tax in the country of the company not the UK.
- This process is very well established.
- 100% legal and ethical way of mitigating tax liability.
- Use of a Cyprus IBC can bring company tax down to just 10%.
- Some IBC’s negate inheritance tax.
Your adviser will show you the best country to use for your particular circumstances.
HMRC are seeking rule changes for IBCs. This will require negotiation of many new international agreements first. A Trust is more stable option.
Capital Allowances
If you own a UK commercial property or a furnished holiday Let (FHL), and you are a UK taxpayer, there is a very strong chance you are legally entitled to a large tax rebate.
In around 96% of these property transactions, investors are not claiming their entitlement to capital allowances.
When you spend money buying or improving a property, HMRC allows you to offset some of that expenditure against your profits, or general income for tax purposes.
Most UK businesses pay tax on their trading profits. Capital Allowances allow you to reduce that tax liability by offsetting capital expenditure against those profits.
You can get a tax refund, mitigation of current taxes due, a reduction in future tax liabilities, or both.
*Be quick! Capital allowances will change in January 2012, you could loose an average of £11,000 by not claiming now!
Government Schemes
We can show you some great tax saving possibilities from the various government backed initiatives too, including;
- EZT – Enterprise Zone Trust
- EIS – Enterprise Investment Scheme
- ISA’s – Individual Savings Accounts
- VCT – Venture Capital Trust
- SIPPs – Self Invested Personal Pensions
Some of these can be combined for even greater savings. You have nothing to loose by contacting us for advice. But you could gain a heck of a lot more cash!
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