Why Dutch Sandwiches are off the menu in Overseas Territories and Crown Dependencies

Contrary to popular belief, international tax planning is not so much about avoiding tax. Usually advisers help their clients avoid being taxed more than once on the same profits. Use of Dutch Sandwiches or Subsidiary Companies It is not uncommon for a subsidiary company to pay local tax on its trading revenues, then declare a…

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UK Visa & Tax Package

About us Mark Davies & Associates are a firm of professional tax advisers, specialising in the UK taxation of foreign domiciliaries. With vast experience and extensive qualifications the team are regarded as leaders in tax issues surrounding residency, domicile, immigration and the remittance basis. We work in partnership with a number of high quality immigration…

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Protected Trusts – what action should our clients take?

HAVE PROTECTED TRUSTS TURNED INTO FALSE PROMISES? Those worrying about what else has been neglected, whilst the UK government’s attention is wholly fixed on Brexit and infighting, will take no comfort from HM Revenue’s recent statement that offshore income gains are not within the new Protected Trusts regime. Background The introduction of the Deemed Domicile rules for income and capital gains tax from April 2017 ended the unlimited access…

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