5 Ways to Save Inheritance Tax on Overseas Property Investment - Works for Capital Gains Tax Too !!
ProACT Sam Orgill www.proactpartnership.com Gives you 5 ways to Save Inheritance Tax or Capital Gains Tax being paid on your Overseas Property Investment.
The time to protect your overseas property investment for tax savings is before your need to let it go. Whether you sell, give away or die there are potential inheritance or Capital Gains Taxes. If your Business gets in trouble you can ring fence your overseas property investment from creditors. You may lose your health and need long term care, again personal assets can be drained to pay medical or nursing home care fees.
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Whatever the reason to move on and the transfer of the overseas property investment (or business) there is a potential tax liability. Capital Gains and Inheritance Tax Savings of up to 40% can be achieved if you plan ahead and organise your assets in a tax efficient manner. By looking forward, planning ahead you can save thousands in tax when selling overseas property.
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