Product Description

In many respects this is the ultimate form of tax avoidance. By becoming non-resident or moving your assets offshore it is possible to cut your tax bill to zero. However, there are also many traps and dangers for the unwary. This guide will arm you with the facts needed to avoid these pitfalls and, most importantly, save tax!

Product Details

• Amazon Sales Rank: #315309 in Books
• Published on: 2006-04-04
• Original language: English
• Number of items: 1
• Binding: Paperback
• 160 pages

The Guardian
A useful guide.

About the Author
The author is Lee Hadnum LLB ACA CTA. Lee is a rarity among tax advisers having both legal and chartered accountancy qualifications. After qualifying as a prize winner in the Institute of Chartered Accountants entrance exams, he went on to become a Chartered Tax Adviser (CTA) and worked for Ernst & Young for several years before becoming a respected author and independant consultant.

Customer Reviews

An Excellent Book
If you're interested in finding out about leaving the UK to reduce your taxes or about the pros and cons of offshore trusts and companies, this book is definitely worth reading.

I found it contained a lot of information and examples but was also easy reading, which is rare for a tax book!

There's also info on the benefits of being non domiciled, ie having another country of origin. The book explains non domiciles can keep assets out of the country and escape tax altogether.

All in all I would have no hesitation recommending it.

No-nonsense advice for non-residents
This book answers all the questions we had about becoming non-resident for tax purposes and more. The plain-English style in which it is written was a welcome break from the other - frankly rather confusing - books we had read on the subject in the past. There's also lots of information for people who are not UK domiciled and chapters on using offshore trusts and companies. Anyone who is even considering non-residency status should have this on their bookshelf.

It's good... But very basic
If you just want a really, really simple explanation it's very good. However, on several chapters I got frustrated when I wanted something explained and the author wrote something like "This is a complicated area, so all I'll say is..." - So for a very basic 'idiot guide' it's great, but if you're wanting something a bit more explanatory, then it's good for a springboard, but you will need to invest into further reading. I'd also like to see a later edition, a lot has happened since 2004 - CGT & EU savings & Tax Directive 2006 etc. Four stars for what it is, but a bit on the expensive side... interested readers of this topic are a bit tight with money right? I am!