Restructure residential investment property to reduce ATED and IHT liability.
The client had residential property in BVI company and we advised them to transfer the property to the shareholders and then liquidate the BVI company. We acted as the liquidator and handled the whole process from start to liquidation of the company. This saved the client ATED and the costs of running a BVI company. At the same time, we restructured the share ownership to family members thereby reducing the future exposure to IHT. A win-win position for all parties.
Set up tax efficient holding structure for commercial investment.
We advised a client to structure the ownership of commercial property taking into consideration the client’s need to fund the acquisition by way of debt and equity. The debt was structured to ensure no withholding tax on interest and maximise the return on investment.
Corporate set up for property development in Cork Dublin by non-resident persons.
Client made a JV investment in development in Dublin and we advised on the debt and equity investment as well as structure the ownership in an off shore entity with double tax treaty agreement.
Work with lawyers and Hong Kong accountants to re structure investment in properties and classic car collection.
The client had investments in classic cars but held in an HK company with the cars located in the UK. We advised the client on the best options to gift these cars to family members and restructure the ownership to reduce the CGT and IHT exposures.
Assisting clients to prepare a full COP9 report for the HMRC on Tax Fraud Investigation
Our client had a full investigation on his and his company’s tax affairs and we worked with the client’s tax advisors to prepare and delivery the report as required by the HMRC and then assist with the settlement of the case with reduced penalties and no disclosure of the investigation on the HMRC’s web site.
Advice and support a client to set up in the UK under his Tier 1 Visa Application.
Our client obtained his Tier 1 visa by investing £2m in UK bonds and we worked with the bank to set up his personal bank accounts to ensure that only UK source income and gains are taxed in the UK. Assisted client’s tax advisor to prepare UK tax returns and advice on the residence and non-domicile rules.
Set up UK operations for clients who have obtained sole rep visas in the UK.
The client obtained a sole rep visa and we advised on the UK corporate set-up and worked with the client’s bankers to set up bank accounts for the company and the individual to ensure no exposure to UK income and capital Taxes.