Contact PAF Hereford for advice on investing in Offshore Collective Funds
Contact PAF Hereford for advice on investing in Offshore Collective Funds
Offshore investment vehicles include unit trusts, mutual funds or investment companies, and may be open or closed. The offshore company normally pays no tax on its income or gains. However, the income it receives may be subject to withholding tax, which the company will not be able to reclaim. For the policyholder, all gains are fully taxable at the time of encashment.
Offshore collectives are complex investments and are not suitable for everyone, you should seek financial advice before entering into this type of investment.
Information is based on our current understanding of taxation legislation and regulations. Any levels and bases of, and reliefs from taxation, are subject to change.
The value of investments and the income from them may go down. you may not get back the original amount invested. The value of your investment can fall as well as rise and is not guaranteed.
With over 40 years experience PAF Hereford can help make an informed decision.
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