This Is One Of 15 Ways To Reduce Your Tax
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Non-UK domiciled (Non-Dom) individuals in the UK can enjoy advantages from a UK tax perspective.
Although significant changes have reduced the tax advantages of being non-UK domiciled, being a ‘Non-Dom’ still remains a highly beneficial tax status for many reasons.
There are both Inheritance Tax and Capital Gains Tax advantages.
Effective Non-Dom tax planning is likely to involve the structuring offshore assets and bank accounts to maximise the benefit of Non-Dom status, and planning for tax efficient remittance of funds to the UK.
It will typically include offshore structures such as trusts, foundations, and other international entities.
Speak With A Tax Expert Now To Reduce Your Tax
Working alongside your professional advisers, it’s no surprise that specialist tax advisers can often identify extra opportunities for you to save tax, across a variety of personal and business areas. After all, they're experts in their field.
To discover how much additional tax you might be able to save, please complete the form below and we’ll introduce you to a specialist tax adviser to discuss your requirements.
Your initial conversation will be without charge and without any commitment to go ahead.
The Financial Conduct Authority does not regulate taxation advice.
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AJ Bell Is Often The Best Value SIPP For Stockmarket Assets
Over time, charges can wipe out a huge part of your fund. We like AJ Bell because there are no set-up costs. If you hold passive funds, which is our preference, or shares, investment trusts, EFTs, gilts or bonds, you pay one small fixed fee no matter how large your fund. And when you come to draw your benefits either as occasional drawdown or UFPLS payments, there's a small charge for the whole year no matter how many times you access your money (many SIPP and SSAS providers charge more than this for each payment). However, you should always compare charges in detail, because AJ Bell could be more expensive than other providers, depending on the type of stockmarket assets you hold.
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