Offshore Company Formation News

The UK property market remained bleak after figures produced by the Halifax revealed that house prices had failed to rise in 2011.

Reduced values in the UK market have already seen many consider offshore investing with bonds and business formation providing better returns than the housing market.

This sentiment was further emphasised after the Halifax revealed that house prices were 0.7...

Businesses utilising an offshore company registration could soon receive a welcome boost from George Osborne, with the chancellor set to announce reforms to offshore tax rules.

According to reports in the Financial Times, the Treasury looks set to unveil new measures to benefit companies, using...

More UK business owners could soon be considering offshore company formation after a study from the Confederation of British Industry (CBI) highlighted a drop-off in confidence.

The survey found that of a group of 262 London business leaders, just 31 per cent were optimistic about the prospects of their business in the UK.

This figure was down on a 51 per cent reading taken back in...

A new report into expats, many of whom utilise offshore funds, by HSBC has highlighted the continued earnings being accumulated in these countries.

The HSBC Expat Explorer survey for 2011 found that despite some concerns over their countries' economies, their earning levels remained strong.

According to the survey, published in the Daily Telegraph, expats living in Bahrain, Egypt and...

An online trader who made the basic error of failing to register his business via an offshore company formation, has been jailed after evading £420,000 of Value Added Tax on goods sold online.

Gregory Allnutt from London will now face 20 months in prison after HM Revenue & Customs (HMRC) discovered his VAT error.

Chris Martin, assistant director of criminal investigation at...

UK investors have been encouraged to invest further in UK-based small and medium sized enterprises with the kind of tax relief previously only available through offshore business formation.

Chancellor George Osborne outlined this latest initiative, designed to encourage investment in new businesses by high net worth individuals in the UK, during this week's Autumn Statement.

The new...

Guernsey is planning to retain its zero headline corporate tax rate, which has seen the region attract high levels of offshore business registration, according to chief minister Lyndon Trott.

The announcement follows the conclusion of an assessment from the European Union Code Group of Conduct on Business Taxation on the current zero ten tax regimes in the Isle of Man and Jersey.

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HM Revenue & Customs is set to clamp down on any businesses failing to declare the correct amount of VAT charges after warning that they have just one month to pay up.

Under the current rules, companies with a turnover in excess of £73,000 that fail to take advantage of offshore company registration] must register for VAT with HMRC.

Earlier this year, HMRC launched a similar VAT...

The market for venture capitalist trusts (VCTs) could be set to double over the next few years according to a leading industry expert.

VCTs are a popular investment option for individuals with offshore accounts or those with an offshore company registration keen to further diversify funds.

Under...

The UK government has been warned by the European Commission to scrap agreements for a tax on savings held in Swiss offshore accounts.

Under the new plans, HM Revenue & Customs had hoped to recoup somewhere in the region of £4-7 billion worth of money from offshore holdings.

However, these plans may now have to be put on hold, after EC lawyers argued that the deal was in breach...