PAGES: 48
ISBN: 9781907302626
STATUS: IN STOCK
Isle of Man Tax Saving Guide
This brand new tax guide tells you everything you need to know about paying less tax by moving to the Isle of Man. The second edition has just been published (April 2012) and is completely up to date.
The Isle of Man is probably the best tax haven in Europe: Tax rates are lower than in similar tax havens (e.g. the Channel Islands) and the Manx Government welcomes entrepreneurs, skilled individuals and retirees with open arms.
What’s more, the Isle of Man is just 30 to 60 minutes flying time from the UK mainland.
There is no:
- Corporation tax
- Capital gains tax
- Inheritance tax
The maximum income tax rate is 20% (compared with 50% in Britain). There is also a generous tax-free allowance and a big chunk of income is taxed at just 10%.
Furthermore, Isle of Man residents enjoy a number of special tax reliefs (e.g. a tax deduction for home loan interest).
What Information is Contained in the Guide?
Subjects covered include:
- All tax changes from the February 2012 Isle of Man Budget.
- All relevant tax changes from the March 2012 UK Budget.
- How to become non-UK resident and escape UK income tax and capital gains tax… plus the traps to avoid.
- Detailed comparison of Isle of Man and UK income tax.
- Sample tax savings – e.g. someone earning £80,000 can save £8,794 in tax every year in the Isle of Man.
- How you can reduce your tax bill by an additional £1,500 by claiming a tax deduction for home loan interest.
- How married couples can reduce their income tax by an additional £2,910.
- A long list of tax-free employment benefits (e.g. mobile phones, childcare).
- A comparison of UK and Isle of Man national insurance.
- The Isle of Man’s 0% corporation tax rate: How to roll up cash tax free inside a company.
- Free cash from the Manx Government: a list of business grants available to small and bigger businesses.
Click here to read the full contents listing and first section of the book
About the Author
Nick Braun is the founder and Managing Director of Taxcafe. Nick has been involved in the tax publishing world for over 20 years as a writer, editor and publisher. He holds a doctorate in economics from the University of Glasgow, where he was awarded the prestigious William Glen Scholarship and later became a Research Fellow.
What Will I Receive?
- Isle of Man Tax Saving Guide - 48 pages of tax saving ideas,
professionally printed by one of the UK's leading book printers. - A FREE optional PDF copy of the guide, emailed immediately. This means you can start saving tax just seconds after ordering!
- Fixed Price Postage - Our postage and packaging charge is just £1.95 no matter how many guides you buy. Orders are dispatched same day.
- Buy with Confidence - Taxcafe uses Worldpay's renowned secure payment system. We also accept payments via PayPal.
- 100% Money Back Guarantee - You are entitled to a full refund if you
are not entirely happy with your purchase.
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