@mattwarman can you remember saying how important the uk economy is. So important your bosses father chose not 2 pay into it. #panamapapers
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@green_vp@mattwarman@IFA_Planner Not so very absurd, Matt. He's having the truth dragged out of him bit by bit.pic.twitter.com/Poqd8kKnhJ
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@green_vp@JMRavenscroft@mattwarman just read Robert pestons bit. Offshore accounts simply don't pay tax until the money is brought onshore -
@IFA_Planner@green_vp@mattwarman Correct, Daniel. That's why The Greedy Buggers Rich Enough To Pay The Fees Of The Money Men use 'em. -
@JMRavenscroft@green_vp@mattwarman yes, but people who aren't rich don't pay Inheritance tax. I feel you're being pointedly obtuse -
@IFA_Planner@JMRavenscroft@mattwarman So people just put their money in off shore accounts to...What get a tan? There must be finical gain -
@green_vp@JMRavenscroft@mattwarman it depends what sort of offshore account you're talking about trust/bond/limited ... -
@green_vp@JMRavenscroft@mattwarman if trust, this dodges IHT. However, one cannot access the money else gifts with reservation applies -
@green_vp@JMRavenscroft@mattwarman if bond it functions like an ISA but you pay income tax on gains in the tax jurisdiction of residency -
@green_vp@JMRavenscroft@mattwarman if Ltd then you pay gains on disposal and income tax on divvies and IHT, just less ct on profits. - 10 more replies
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