Offshore Company Formation News

A tax haven campaign group, the Tax Justice Network (TJN) has hit out at the recent deal between the Switzerland and HM Revenue & Customs.

The criticism has sparked fevered debate on the subject of offshore tax holdings in Switzerland with the TJN dismissing figures quoted by HMRC over the agreement.

HMRC had initially suggested that the deal could see up to seven billion pounds...

The chief executive Diageo, Paul Walsh, has admitted that the current 50 pence tax rate may see the drinks industry giant considering offshore company formation.

Mr Walsh made the comments during a recent interview in which he was heavily critical of the current 50 pence tax rate levied against those earning over £150,000 a year.

The Diageo chief believes that the increasing tax...

A new study has found that 29.5 million UK Brits are currently without a will despite the current rules surround intestacy.

While many of these individuals will look to offshore funds as a means of saving for families, others have no plans in place for distributing funds, if they pass away.

Under the current laws, only married, civil partners and close relatives can inherit from a...

New data from the Association of Mortgage Intermediaries (AMI) could provide those interested in UK property investment with food for thought.

An increasing amount of offshore business investors could be set for the UK, as the property market continues to recover, with a recent reduction in overall property prices.

Director of AMI, Robert Sinclair, said: "Our report shows that at a...

The head of the British Retail Consortium (BRC) has admitted that retail business owners are facing a "critical" festive sales period.

These comments come as more UK retailers feel the bitter chill of increasing taxes and business rates that have already led many companies to consider moving to tax havens.

A report earlier this month found that 98 FTSE 100 companies had funds in...

Individuals with offshore bank accounts must declare the interest accumulated from these accounts to HM Revenue and Customs, according to financial expert Yvonne Goodwin.

Miss Goodwin made the comments during an interview in which she outlined the importance of understanding how offshore accounts work...

A report from the Association of Independent Financial Advisors (AIFA) has highlighted the growing number of people managing their own savings rather than seeking advice.

In doing so, these savers are failing to make the most of their money through schemes like offshore investing.

AIFA chairman Lord Deben defines this group as "DIY decumulators",who know little about how best to...

UK property investors are proving hesitant about whether to expand their portfolios, according to the director of Mortgages for Business David Whittaker.

The comments could see more high-net-worth individuals consider offshore investing as a means of protecting savings with UK inflation recently rising to 5.2 per cent.

Given the current turmoil, Mr Whittaker believes questions remain as...

Investors paying into pensions could soon feel the negative effects of yesterday's inflation rise, according to Trade Union Congress general secretary Brendan Barber.

The comments come as official figures confirmed that UK inflation had risen to 5.2 per cent last month with many savers already looking to offshore banking as a way of protecting long-term investments.

However, for many...

The British Property Federation (BPF) has warned landlords to prepare for the worst under government plans for an increase in business rates.

This move could signal another wave of property owners considering offshore investing in a bid to protect their assets.

Under current plans, the government's newly revised retail price index (RPI) is set to rise 5.6 per cent.

This means...