Hazel Grove Forum

A Suburb in Stockport

10 10 / 10 from 9 Reviews

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OliverJohnstone posted..

I am not aware of how he has avoided tax.

As I have mentioned in earlier comments, he paid full UK tax on his receipts from Blairmore which as a fund would not have paid tax in the UK either. Funds can be based abroad for regulatory purposes as well as for tax purposes.

Gifting inheritance tax is not classed as tax avoidance because it is an actively encouraged and legally supported practice, not taking advantage of loop holes or aggressive accounting practices.