September 2015 Edition. Updated for the March 2015 Budget and July 2015 Summer Budget
Trusts offer a highly attractive way to pass wealth onto other family members in a tax efficient manner.
The flexibility that is a key feature of the trust structure means that it is preferred by many to a corporate entity when dealing with family wealth.
Trusts are therefore very popular with parents/grandparents looking to pass wealth down to children or grandchildren.
In this book we look at when and how both UK and offshore trusts can be used to reduce UK income tax, capital gains tax and inheritance tax.
Key issues covered include:
Using a bare trust to reduce CGT Choosing between a discretionary trust or a family investment company? How setting up a revocable life interest trust can reduce income tax Reducing tax on trading profits by using a trading trust Using Pilot trusts Save Inheritance Tax of on your Investment Properties Putting life insurance into a flexible gift trust or bare trust to reduce inheritance tax Tax on the migration of trusts How offshore trusts are taxed The Offshore Trust Anti Avoidance Rules -- Income Tax The Offshore Trust Anti Avoidance Rules -- Capital Gains tax Summary Of Tax Treatment For Offshore Trust/Beneficiaries UK Protectors & Offshore Trusts UK Tax For Offshore Life Interest Trusts Top Tax Planning Uses For Offshore Trusts Using Offshore Trusts for CGT Avoidance Offshore Trusts For Grandchildren How Non Doms Can Use Offshore Trusts Even If They Don't Claim The Remittance Basis UK Domiciliaries And Offshore Trusts Using Offshore Trusts To Purchase Property Getting Money Out of Offshore Trusts Tax Efficiently