We’ve put together this guide to offshore accounts, to help you decide whether it’s something you should include in your financial planning.
You may have read about high profile celebrities ostensibly using offshore bank accounts to get out of paying tax, but it’s not that simple and that is not a reason to have an offshore account. You’re generally liable for tax on the interest earned on your savings in the same way as you would be in the UK. Here’s how they work.
Read the guide in full on the Turner Little Blog.
