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Why Do You Need an IBC?
By Richard Price


Homeowner Loans
Another bill has just landed through the letterbox and your still haven`t paid the monthly direct debt to the utility firm. You`ll have to sort out funds for your credit cards next week and then there are the catalogue payments to make. It`s the same story each and every month where you struggle to keep on top of your regular payments. Having taken out dribs and drabs of loads over the last few years you now have to pay a number of companies back. What if you could amalgamate all of your loans into one fixed monthly payment? Suppose you could reduce the amount that you pay each month by spreading the payments over a longer period of time. Look into the various Homeowner Loansthat are available at the moment and you could end up paying less in repayments each and every month. Price comparison sites are the places to look if you want one of the Homeowner Loans. They`ll scour the marketplace searching for Homeowner Loansthat will suit your individual needs. Combine all of your debts into one slightly larger loan amount and you should have more money each month that can be put away for a rainy day.

Article03.html
Many people in the UK, in fact as many as one in three UK taxpayers have paid too much tax! A new `No Win No Fee` tax refund service has just been launched by Greer & Taylor LLP on a dedicated new website The Taxation People which can be found at www.thetaxationpeople.com where you can find out all the infomation need before making the decision to apply for a tax refund. The Taxation People offer a cost effective `No Win No Fee` online service, with a simple and easy to follow process they will guide every step of the way as you apply for a the refund. I would urge you to check out www.thetaxationpeople.com, where you can enlist the help of the The Taxation People who will get you the Tax Refund you are entitled to. The Taxation People are a trading name of Greer & Taylor LLP a respected and trusted accountancy service provider who is moving to provide a number of online services. Initially they are only offering the Tax Refund service that can be found at www.thetaxationpeople.com, but Greer & Taylor LLP are about to lauch a cost effective Self Assesment Service, keep an eye on www.greer-taylor.com for more information.


Virtually anyone with a net worth can benefit from the use of an IBC. Imagine operating your business and personal affairs with 100% confidentiality, with no restrictions on your business or tax penalties on your profits in your chosen jurisdiction. Imagine operating without the constant fear of law suits or creditors waiting in the wings to attack your hard earned profits.

Currently banks automatically report to government agencies on the activities of their clients, including you. What`s worse, your hard earned savings can now be legally garnished from your bank account by government agencies and creditors who may believe they have a claim against you. In fact, you stand a 1 in 4 chance of being sued if your net worth exceeds $100,000. Not a lot of money!

Listed below are some of the benefits of having an IBC:

  • Offshore banking - Hold offshore bank accounts in an IBC name and bank in complete privacy while utilizing tax-free jurisdictions.
  • Hold assets confidentially - Protect what you own. With the ever-increasing chances of litigation being brought against you and your business, don`t take any chances; use an IBC to shield your assets. IBC`s can protect you from product liability, malpractice suits if you are in the medical field, creditors and even divorce proceedings.
  • Hold titles to properties and other physical assets - IBC`s can be used to hold real estate, valuable collections, precious metals, and shares of any offshore company of your choice.
  • Preparing for retirement - Take steps to protect your assets for retirement. Place assets into an IBC where no tax is applicable. Make sure your loved ones will gain the full benefit of your estate without large death duties consuming their inheritance.
  • Lease equipment and Real Estate - Equipment and real estate can be held in an IBC name and then leased out to onshore companies with income directed offshore to any tax-free jurisdiction of your choice.
  • Borrowing and lending - Take out a loan from your offshore company and issue it to your onshore company.
  • Invest in international markets, commodities, options and bonds. - Make stock trades through your IBC brokerage account allowing you to trade in a tax-free jurisdiction and increase your profits dramatically.
  • Operate shipping companies and owning boats/ships - By registering your boat or shipping company offshore, your tax and liability will be held to a minimum in your chosen IBC jurisdiction.
  • Hold intellectual property - Protect your ideals. Hold your Intellectual property in an IBC for a reduction in reporting and regulatory compliance.
  • Sell your products or services internationally - Start selling your products internationally in a jurisdiction that allows you maximum tax saving with little to no government interference.
  • Consulting services - Establishing your consulting service offshore will increase your corporate exposure while keeping tax and operating expenses to a minimum.
  • Draw up contracts under IBC - If you are entering into a contract with a company but want to limit your liability, have your nominee director of your IBC sign on your behalf.

For more information about this article and/or the author visit http://www.confidentialbanking.com/

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