{"id":2162,"date":"2012-04-24T18:32:54","date_gmt":"2012-04-24T11:32:54","guid":{"rendered":"http:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-the-wealthy-avoid-paying-tax\/"},"modified":"2016-01-21T05:53:45","modified_gmt":"2016-01-20T22:53:45","slug":"how-the-wealthy-avoid-paying-tax","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/how-the-wealthy-avoid-paying-tax\/","title":{"rendered":"How the wealthy avoid paying tax"},"content":{"rendered":"


\nYou too can ‘shock’ George Osborne by utilising some common and legitimate methods to minimise your taxable income and maximise your take-home payRecent weeks have seen a spate of stories about wealthy individuals trying to reduce their tax bills (much to George Osborne’s surprise). The latest features a film investment scheme, Eclipse 35, on which HMRC refused to pay tax relief \u2013 bad news for some famous names, according to reports. But other people have been more successful in their attempts to pay less tax. So how exactly do they do it? Here are few of the common methods used to cut the amount that ends up in the taxman’s coffers. Continue reading…
\n
\nSource : theguardian.com
\nRead more…How the wealthy avoid paying tax<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

You too can ‘shock’ George Osborne by utilising some common and legitimate methods to minimise...<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-2162","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-yS","jetpack-related-posts":[{"id":5108,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/stamp-duty-changes-prompt-buyer-scramble-to-close-property-deals\/","url_meta":{"origin":2162,"position":0},"title":"Stamp duty changes prompt buyer scramble to close property deals","date":"December 5, 2014","format":false,"excerpt":"\r London estate agents deluged by wealthy purchasers beating midnight deadline before housing tax riseLondon estate agents reported a deluge of high-end property deals on Wednesday night as wealthy buyers scrambled to avoid higher rates of stamp duty coming into force within hours of the chancellor\u2019s autumn statement.Minutes after George\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":45960,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/cutting-inheritance-tax-now-exposes-a-warped-sense-of-priorities-rachel-reeves\/","url_meta":{"origin":2162,"position":1},"title":"Cutting inheritance tax now exposes a warped sense of priorities | Rachel Reeves","date":"March 1, 2017","format":false,"excerpt":"\r This plan to help the wealthiest will entrench the north-south divide. Philip Hammond should dump it and channel the money to early years childcareThere is nothing certain in the world except death and taxes, according to the old proverb. But, unless the government sees sense, we could soon find\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":10032,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/london-is-a-tax-haven-much-closer-to-home-letters\/","url_meta":{"origin":2162,"position":2},"title":"London is a tax haven much closer to home | Letters","date":"April 6, 2016","format":false,"excerpt":"\r Richard Brooks is certainly correct that, in the long run, tax havens need to be driven out of existence (We don\u2019t need to reform tax havens \u2013 just get rid of them, 5 April). But given the enormous scale of the vested interests that support their existence, this is\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":117806,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/rishi-sunaks-capital-gains-tax-review-may-usher-in-higher-taxes-on-wealthy\/","url_meta":{"origin":2162,"position":3},"title":"Rishi Sunak's capital gains tax review may usher in higher taxes on wealthy","date":"July 15, 2020","format":false,"excerpt":"\r Chancellor\u2019s directive to focus on how people escape CGT \u2018feels like starting pistol for a tax grab\u2019, says analystA review of capital gains tax ordered by the chancellor could open the door to higher taxes for the wealthy, analysts have said.Rishi Sunak said on Tuesday that he wanted the\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":30357,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/non-dom-status-living-and-working-in-the-uk-without-paying-all-your-tax-in-the-uk\/","url_meta":{"origin":2162,"position":4},"title":"Non-dom status: living and working in the UK, without paying all your tax in the UK","date":"April 8, 2015","format":false,"excerpt":"\r How a colonial era holdover allows the ultra-rich to pay far less tax than a typical British citizen while remaining within the lawNon-domicile \u2013 usually abbreviated to non-dom \u2013 status is a unique quirk of the UK tax system not shared by any other country. It allows ultra-wealthy individuals\u2026","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":74976,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/tax-bills-pass-through-rule-will-aid-the-wealthy-not-workers-critics-say\/","url_meta":{"origin":2162,"position":5},"title":"Tax bill's 'pass-through' rule will aid the wealthy, not workers, critics say","date":"December 20, 2017","format":false,"excerpt":"\r Wealthy business owners stand to gain from a provision in the GOP tax bill that creates a deduction for owners of pass-through businesses, experts say.\r \r Source : cnbc.com\r Read more...Tax bill's 'pass-through' rule will aid the wealthy, not workers, critics say","rel":"","context":"In "Property News"","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/2162"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=2162"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/2162\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=2162"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=2162"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=2162"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}