Victoria Percival

@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.

@green_vp @JMRavenscroft @mattwarman tbh most people who have them have been missold the concept. There is no golden bullet to avoid all tax

@green_vp @JMRavenscroft @mattwarman what we do have are a range of different tax wrappers to avoid a specific tax by paying more of another