Research conducted by an international life company recently revealed some fascinating and surprising insights into the views of the UK public towards offshore investment.
The research revealed that over half of those surveyed believed that offshore investment was a simple way to avoid tax. This is a fantastic result and demonstrates clearly that the tax deferment message is getting through. However, it also highlights that there are still almost as many people who still need to be educated as to its benefits. In particular, those who are moving abroad need to be made aware of the significant attraction of offshore bonds – less than half of those surveyed knew that leaving the UK affected their tax status. This latter point is a major concern given that ove...
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