Ive heard that a tax wrapper offers expatriates a legitimate method of tax avoidance. What exactly is it?
A. The term tax wrapper refers to a specialised form of life assurance arrangement, a structure which benefits from advantageous tax treatment. It is specifically designed to enable individuals to hold their own choice of assets within it, hence the wrapper concept. This type of investment has various names, including Insurance Bond; Offshore Bond, Private Client Portfolio and Personal Portfolio Bond. In France its called Assurance Vie. This arrangement is popular in the UK and has also become very popular in other European countries. The tax treatment in France it is very favourable. Speak to us at the Blevins Franks office closest to your property to establish exactly how you may benefit and how you can save tax. These types of bonds offer many unique tax benefits, but when held in a suitable trust the advantages are even more exceptional. If you would like to lower your tax bill I recommend looking into these possibilities. Q.
