Offshore Trusts

If you’re not domiciled in the UK, an offshore trust (non-UK trust) can still offer you UK tax benefits. It can also provide asset protection and a form of living will that allows you to control who benefits from your wealth during your lifetime and after your death.

Our trust experts can support you in structuring your wealth effectively, whether helping to set up an offshore trust, managing an existing structure or responding to beneficiaries’ changing circumstances. This includes:

• Advising on foreign entities such as anstalts and foundations
• Computing stockpiled capital gains tax (CGT) pools
• Dealing with UK tax returns whether for income tax or inheritance tax ten-year charges
• Assistance with ATED (Annual Tax on Enveloped Dwellings) returns
• Help using HMRC’s Trust Registration Service
• Preparing tax returns for beneficiaries to disclose their trust distributions and ensure they are taxed correctly