© 2017 Copyright Wealth Protection International Limited
The content of this website does not constitute regulated financial advice of any description nor does it purport to do so.
The providers of any tax strategy facilitated engage with the client under whatever regulatory regime is appropriate.
WEALTH PROTECTION INTERNATIONAL LIMITED
UK Land Line: +44 2071 010780
Pay SOME Tax not NO Tax
Tax strategies will work fine for you if you follow the simple rules laid down for you by the strategy provider.
Follow the Rules…….
NEVER answer a question by post or by telephone posed by HMRC or anyone else about the strategy you are using.
Don’t try and be a tax expert…..
Strategies that have been used for 20 years or more and facilitators such as ourselves who have been guiding people in their use for over 10 years know what they are doing.
Call us - don’t look for alternatives
Call or email us to let us know what you are trying to do and we will provide you with a no nonsense guidance note as to what solution best fits your immediate and future needs.
We are not interested in doing business with people who are trying to illegally evade taxation or whose resources are from questionable or unidentifiable sources. Full Due Diligence is mandatory.
Income and profit are altered so that they are removed from HMRC’s jurisdiction and hence UK tax rules and in fact using UK tax rules to achieve that transition. Once outside taxation then access to and use of the money concerned tax free is achieved using techniques that have been in use for nearly a century.
Personal and business owned assets have their ownership status altered using statutory reliefs so when sold there is no tax due on the proceeds of sale - the assets remain outside UK taxation and can be sold and the proceeds reinvested tax free. Clearly tax free investment growth rolls up far faster than taxed income or profit. Once again access to the now protected cash and assets and their proceeds is achieved using methods that have been used for decades and which HMRC know all about.
Most tax issues arise out of the ownership status of the assets or income streams and so any situation can be mitigated using change of ownership as the cornerstone of the solution or strategy - from there it is plain sailing into tax free waters in perpetuity because the solutions are transferable one way or another to succeeding generations who can also enjoy the tax free status of the assets and income streams originally protected by the tax strategy and the results of their tax free investment
However, HOW it is Owned or Earned dictates how and if it is indeed taxable
Turn the opening statement on its head and it reads “If you or your business doesn’t own or earn anything then there is nothing to tax” - so a tax strategy changes the ownership of assets and income streams so that they are no longer taxable.
“No man in the country is under the smallest obligation, moral or other, so to arrange his legal relations to his business or property as to enable the Inland Revenue to put the largest possible shovel in his stores. The Inland Revenue is not slow, and quite rightly, to take every advantage which is open to it under the Taxing Statutes for the purposes of depleting the taxpayer's pocket. And the taxpayer is in like manner entitled to be astute to prevent, so far as he honestly can, the depletion of his means by the Inland Revenue"
Lord Clyde - Politician and Lawyer - 1929