Latest News for: Offshore life trust

Edit

Here are 8 ways the rich save big on taxes, from putting mansions in trusts ...

Cedar News 20 Dec 2023
Some tactics, like donating to charity via trusts, might seem far-fetched but are perfectly legal ... Giving to charity via trusts ... Buying offshore life insurance policies ... The trust owns the life-insurance policy that's created offshore.
Edit

Dominica’s passport holding UK Tori party donor under investigation

Blitz 18 Dec 2023
Together with newly available legal and corporate records, they show how transnational elites can use so-called “golden passports,” coupled with financial tools such as offshore trusts, to move money, travel, and build a new life abroad.
Edit

HMRC examines if David Cameron failed to fully disclose Greensill private flights as taxable perks

The Guardian 22 Nov 2023
Former PM, who became a life peer last week, under scrutiny over use of financier’s aircraft and offshore trust Tax officials are ...
Edit

Cross-border investments and digitalisation are redefining estate planning for expats

Khaleejtimes 04 Sep 2023
And assets such as the life ... Many investors have procured offshore high-value life insurance and placed them in irrevocable life insurance trusts (ILITs) as part of their estate and legacy planning.
Edit

Five ways the rich save big on estate taxes, from putting houses in trusts to ...

Business Insider 08 May 2023
Graegin loans are prime targets for auditors and have led to years-long legal battles, but the savings can be worth it for rich families.Buying offshore life insurance policies ... The trust owns the life-insurance policy that's created offshore.
Edit

Offshore wind developers partner with Carbon Trust to decarbonize industry

SAFETY4SEA 03 Feb 2023
The partners will work in collaboration with the Carbon Trust as part of the new Offshore Wind Sustainability Joint Industry Programme to develop the first industry-backed methodology and guidance to ...
Edit

Michelle Mone’s PPE denials v what we know

The Observer 23 Nov 2022
It was paid by Barrowman, who received at least £65m in PPE Medpro profits before distributing them through a network of offshore trusts, companies and accounts ... of his offshore trusts, in June 2020.
Edit

How the wealthy use life insurance to escape estate tax and why the tactic is ...

Business Insider 12 Oct 2022
Could I interest you in some life insurance? ... This little-known tax tool, which may be coming under increasing scrutiny, is called private placement life insurance, or PPLI. It is effectively a life insurance policy that is owned by an offshore trust.
Edit

YOUR MONEY: What’s the deal with the 20-year home loan?

Business Day 04 Aug 2022
Answer. ... Rather, a strong balance sheet has diversity (different types of assets like property, unit trusts, shares, offshore investments and so forth), liquidity (for life’s unforeseen events), good growth prospects and low concentration risk.
Edit

Sajid Javid admits he held non-dom status before political career

The Observer 10 Apr 2022
He also admitted to holding wealth in an offshore trust until he became a ... “Prior to returning to the UK and entering public life, some of my financial investments were based in an offshore trust.
Edit

Sunak orders investigation into leak revealing wife’s non-dom status

The Observer 10 Apr 2022
“Prior to returning to the UK and entering public life, some of my financial investments were based in an offshore trust ... trust, repatriate all assets to the UK and pay 50% income tax on those assets.
Edit

Sajid Javid: I was a non-dom for six years but now pay my full share

The Times/The Sunday Times 09 Apr 2022
“Prior to returning to the UK and entering public life, some of my financial investments were based in an offshore trust.
Edit

Southport Lifeboat: £1.4m station opens after three-year construction

BBC News 14 Jan 2022
... of the Southport Offshore Rescue Trust ... She founded the Southport Offshore Rescue Trust in 1987 after her son, Geoff Clements, lost his life off the Southport coast while out fishing with friends.
  • 1

Most Viewed

Scottish politician and Cabinet Secretary for Health and Social Care minister Humza Yousaf
Creative Commons / Scottish Government https://creativecommons.org/licenses/by/2.0/deed.en
A Ukrainian serviceman with the 65th Brigade opens the door of his armored vehicle at the frontline in the Zaporizhzhia region, Ukraine, on Sunday, April 21, 2024.
AP / Andriy Andriyenko
Tesla | Robyn Denholm is the new president (in place of Elon Musk)
Creative Commons / Automobile Italia
×