ISA helps New Star investors receive payments tax free
An intricate system of tax avoidance has been announced by New Star which means that investors in its bricks and mortar international property fund could receive income payments tax free.
The fund has been structured in a way that when property is bought or sold, it is the holding company that changes hands rather than the property itself.
This means that land tax and stamp duty payments are largely avoided. …continue reading the story
called ISA helps New Star investors receive payments tax free