Looking for tax advice in UK and Finland. Planning buy to let flat in Finland. I am a high rate tax payer UK resident my wife is low rate tax payer Finn (UK domicile).
Which is the most tax efficient means of financing? Possibilities are interest only mortgage in Finland with capital repayments made to pay off UK property of main residence or capital repayment mortgage in Finland.
Looking for advice what taxes will be due i.e., IT/CGT/stamp duty etc...
Please advise and recommend a relevant tax advisor. Many thanks.
overseas buy to let
2 posts • Page 1 of 1
by Taxbar on Sun Sep 19, 2004 2:47 am
Clearly, your wife should buy this property, providing she has claimed to be non-dom and has either a legal opinion or a DOM1 ruling or preferably both.
That will mean UK IT/CGT taxes only if remitted to the UK.
There are more details needed to advise comrehensively and a company and trust might be needed.
Daniel Feingold
Strategic Tax Planning
International&UK Tax Consultants
E-mail: info@stratax.co.uk
That will mean UK IT/CGT taxes only if remitted to the UK.
There are more details needed to advise comrehensively and a company and trust might be needed.
Daniel Feingold
Strategic Tax Planning
International&UK Tax Consultants
E-mail: info@stratax.co.uk
- Taxbar
- Posts: 1234
- Joined: Wed Aug 06, 2008 2:19 pm
2 posts • Page 1 of 1
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