Individuals

Individuals choose to leave the UK to reside overseas for a multitude of reasons, whether it is to avoid high rates of tax in the UK in general, for tax avoidance reasons or for lifesytle reasons. Some choose the Isle of Man as a destination. Of course in time, those individuals choose to leave the Isle of Man for other jurisdictions to seek work, or for a change in climate or way of life. At HOTCHKISS we provide tax services to those individuals to assist them in managing their tax exposure and help them make the right decisions on a timely basis.

Trusts and companies

Over the years many trusts and companies have been established by UK resident individuals, either for asset protection, estate planning or tax mitigation.  As you are aware the law changes regularly and whilst some of these structures are still 'fit for purpose' many are either not or require modification or tweaking to make them efficient.  Further, the tax status of beneficiaries may change and managing the tax exposure for benefciaries is a continuous task.  At HOTCHKISS we can review trust structures and advise trustees and benerficiaries alike to achieve long term wealth preservation and tax certainty.

Funds

The Isle of Man has become a jurisdiction of choice for AIM listed funds and fully listed companies.  Corporate governance and tax mitigation is of paramount importance to maximise investor return.  AT HOTCHKISS we are familiar with many of the tax issues which face fund adminstrators and fund managers.

Please select the tabs adjacent to the Isle of Man tab to view the services offered by HOTCHKISS in relation to the Isle of Man.