Call Us Now
03333 449321
Call Us Now
03333 449321
Offshore investment vehicles include unit trusts, mutual funds or investment companies, and may be open or closed. The offshore company normally pays no tax on its income or gains. However, the income it receives may be subject to withholding tax, which the company will not be able to reclaim. For the policyholder, all gains are fully taxable at the time of encashment.
Offshore funds can offer greater returns and often greater risks than onshore funds, however many countries restrict investment in such funds by their citizens, and also restrictions are placed on the marketing of offshore funds to their citizens. The UK's regime, whilst permissive, is still not very flexible. The laws and regulations of high-tax countries in respect of offshore funds are directed not just to limiting the behaviour of their citizens but also to preventing 'money-laundering' and other illicit uses of International Offshore Financial Centres (IOFCs).
These are funds which, although managed overseas, are permitted to market themselves directly to UK private investors. Having the 'Financial Conduct Authority Recognised' tag simply means that the UK authorities acknowledge the regulatory regime in the overseas territory is of a standard at least as 'good' as in the UK.
There may however still be higher risk funds which the Financial Conduct Authority doesn't recognise even though they are based in territories with 'good' regulatory regimes.
OFFSHORE COLLECTIVES ARE COMPLEX INVESTMENTS AND ARE NOT SUITABLE FOR EVERYONE, YOU SHOULD SEEK FINANCIAL ADVICE BEFORE ENTERING INTO THIS TYPE OF INVESTMENT.
INFORMATION IS BASED ON OUR CURRENT UNDERSTANDING OF TAXATION LEGISLATION AND REGULATIONS. ANY LEVELS AND BASES OF, AND RELIEFS FROM TAXATION, ARE SUBJECT TO CHANGE.
THE VALUE OF INVESTMENTS AND THE INCOME FROM THEM MAY GO DOWN. YOU MAY NOT GET BACK THE ORIGINAL AMOUNT INVESTED.
Value | Move | % |
FTSE 100 | ||
8229.99 | -98.729 | -1.185 |
FTSE 250 | ||
20831.84 | -330.871 | -1.563 |
FTSE 350 | ||
4543.89 | -56.95 | -1.238 |
FTSE All Shares | ||
4501.08 | -55.51 | -1.218 |
Dow Jones | ||
42063.36 | 38.168 | 0.091 |
Nasdaq | ||
17948.32 | -65.66 | -0.364 |
Value | Move | % |
0 | ||
1.193 | 0.003 | 0.277 |
GBP/NOK | ||
13.968 | 0.037 | 0.263 |
0 | ||
13.543 | 0.055 | 0.406 |
GBP/USD | ||
1.332 | 0.004 | 0.289 |
Wealth, just like your health, must be carefully preserved. Your assets need to be protected against the potential threats of erosion by taxation, the effects of inflation and investment risks. ...
Read moreWhen you retire you still need food and shelter as an absolute minimum, but of course you will want to maintain the lifestyle to which you have become accustomed ... ...
Read moreProfessional Financial Planning is the process which aims to help you realise your ambitions - whatever they may be. As professional financial advisers we can help you make informed decisions ... ...
Read moreMost of us face being taxed on our income, our capital gains, and in some circumstances the value of our estate when we die. Taxation can be very complicated and the rules, reliefs and allowances ... ...
Read moreWhen someone talks about savings and saving money, it could be referring to a piggy bank or a high interest deposit account. Savings are effectively cash or cash instruments ... ...
Read moreCHRYSALIS WEALTH MANAGEMENT LTD IS AN APPOINTED REPRESENTATIVE OF QUILTER FINANCIAL LIMITED WHICH IS AUTHORISED AND REGULATED BY THE FINANCIAL CONDUCT AUTHORITY.
CHRYALIS WEALTH MANAGEMENT LIMITED IS REGISTERED IN ENGLAND AND WALES UNDER COMPANY NUMBER 09612918. THE REGISTERED OFFICE FOR CHRYALIS WEALTH MANAGEMENT LIMITED IS 4 ST GEORGES HOUSE, VERNON GATE, DERBY DE1 1UQ.
THE GUIDANCE AND/OR INFORMATION CONTAINED WITHIN THIS WEBSITE IS SUBJECT TO THE UK REGULATORY REGIME AND IS THEREFORE TARGETED AT CONSUMERS IN THE UK.
APPROVER QUILTER FINANCIAL LIMITED.**/**/***
CONTACT US
Chrysalis Wealth Management Ltd
4 St. Georges House
Vernon Gate
Derby
Derbyshire
DE1 1UQ
T: 03333 449321
Email Us
© Copyright 2024 - Adviser Pro - All Rights Reserved
Design and Developed by Adviser Pro © 2024