Lee Handum - Articles

 

"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).

Having worked in Ernst & Young’s tax department for a number of years, Lee decided to start his own tax consulting firm, specialising in capital gains tax, inheritance tax and business tax planning. In addition he is the author of a number of popular tax books and is the editor of the popular tax planning website www.wealthprotectionreport.co.uk and www.offshoretax.co.uk. For a limited time, Lee is giving a free copy of his valuable Tax Saving Guide to newsletter subscribers.
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Tax Planning for UK Shareholders Looking to Become Non Resident

It's frequently the case that a person may be UK resident but intends on becoming non UK resident at some point in the future. In relation to shareholders what they're looking for are any options available to them to reduce the rate of UK tax that they're paying. This article looks at tax planning options to reduce UK taxes. Read

By: Lee Handum | 09/07/2008 | Taxes

Should You Sell or Let Your Former Home to Reduce Tax?

In the past when you wanted to buy a new house you simply sold the old one. Now, its not that simple and many people are looking to retain their former house, either for financial reasons or personal reasons. Of key importance will be the potential tax implications. As well as if you should sell the property a related question is when you should sell the property. This article equips you with the information you'll need to make an informed decision. Read

By: Lee Handum | 27/06/2008 | Taxes

How Non UK Domicliaries Can Use the £2,000 Exemption to Avoid the £30,000 Tax Charge

The new rules for Non UK Domiciliaries that apply after 5 April 2008 raise the spectre of a £30,000 tax charge for many. There is however a specific £2,000 exemption in the legislation. This article looks at how this can apply. Read

By: Lee Handum | 16/06/2008 | Taxes

Can Non Doms Use Offshore Bonds to Save Tax?

For any non doms looking at ways to hold assets abroad without being liable to the £30,000 annual charge, identifying overseas investments that don't crystallise income can be crucial. One way of avoiding having any income at all is to use an offshore investment bond. This is a type of insurance based product (but with minimal insurance cover) which allows you to invest into an offshore fund. This article looks at how offshore bonds can be used by Non Doms to save tax. Read

By: Lee Handum | 13/06/2008 | Taxes