All About Business / Finance

Offshore Companies: Planning for the Annual CGT charge

Offshore Companies: Planning for the Annual CGT charge Planning opportunities for offshore  structures in light of the proposed Annual Charge New legislation: am I affected? The 2012 Budget announced some somewhat  ambitious plans for offshore entities ownership  of Residential Property. Consultation papers  published by HMRC on 31st May 2012 target  residential properties valued in excess of £2m … Continue reading

All About Business / Finance

Analysis of HMRC v Vardy Properties (The Vardy Case) TC02242

Cornerstone Tax Advisors         VARDY Commentary A review of the decision in Vardy (first tier) at first glance appears to produce a “no win” decision for the taxpayer.  However on analysis, several salient points come out: The scheme failed because those implementing it failed to appreciate the requirements of the Companies Acts and, since that failure … Continue reading