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Old 01.11.2019, 08:29
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Re: The Brexit referendum thread: potential consequences for GB, EU and the Brits in

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Giving to charity is hardly on the same level as squirreling wealth away in an impenetrable network of offshore trusts and shell companies though, is it?

She won’t see the donated money again, will she? Can’t say the same for those that hide it away for later.

Or is that not the point you are trying to make?
A network of trusts is unlikely to reduce tax liability, it's about asset protection.

You can't take the money out of the trust & get it back, it no longer belongs to the settlor or is in their control.

Giving to charity reduced tax liability, EU will ban such nonsense with their strict tax laws that start 1 January 2019.
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