Offshore Investments

This is when you invest in investment vehicles situated in financial centres outside of the UK. The government has made it less attractive to put money offshore to avoid tax.

However for many there are advantages to investing offshore particularly the Tax deferral benefits and for people thinking of emigrating. UK policyholders bringing offshore policies back into the UK are liable to income Tax at their highest margin on the whole of their gain, with some relief for any periods spent outside the UK during the term of the policy.