Are you concerned that your tax planning, or lack of it, might be considered as tax evasion by your local tax office? Perhaps you are spending 183 days or more in Spain and have not declared yourself as tax resident or maybe you have decided to invest in a QROPS with the intention of remaining resident in the UK? Maybe you have invested in a QNUPS with the sole intention of avoiding UK inheritance tax or have undeclared assets hidden away in an offshore company?
As recent press and rulings from HMRC have shown there is a fine line between legitimate tax planning and twisting the rules. Do you really want to fall foul of HMRC’s Disclosure of Tax Avoidance Schemes (DOTAS)?
If you want to stay within the rules and legally reduce your tax bill speak to one of our advisers either by ringing +350 200 50982 or by email wealth@fiduciarywealth.gi. Why waste money paying for a dubious scheme that might be challenged by HMRC when there are plenty of legitimate ways to save tax?
