David Cameron’s new Conservative - Liberal Coalition Government has no doubt taken the right decision to 'bite the bullet' on the massive UK Budget deficit but there is equally no doubt that entrepreneurship will be stifled for many years to come: the new 50% capital gains tax combined with the closing of many of the domiciled but UK ordinarily resident 'loopholes' back in 2008 means that now, more than ever, wealthy UK resident individuals need all the help they can get to survive. The good news however is that the validity of international double taxation treaties, EU directives and regulations and of course private interest foundations (PIF's) are still in place and can often be used to maximize tax savings both at a personal and corporate level. The bad news is that anti-avoidance provisions are being tightened up (both legislatively and at a practicable enforcement level) so the veracity of 'management and control' structures are more important than ever. To this end, we have introduced two new 'Trading' Packages aimed at giving extra security to our Clients, ensuring that they cannot be subject to the 'boomerang' effect …. i.e. a claim that trading is really taking place in the location of the beneficial owner and not the low tax jurisdiction - For more information please see below:

> The New SCF ‘Trading Packages’

> REGISTER FOR YOUR FREE DVD & 2010 Brochure

> Understanding the 2008 Domicile & Residence Changes

> Special Discounted Recession ‘Packages’

Yours Sincerely,

Barry M. Spencer-Higgins

Group Chairman