Future Editions
In the next issue of Spear's (Winter 2008):
An interview with Laurence Graff, founder of one of London's most glittering jewellers.
What the British can learn from America about philanthropy.
Inside the hedge head - talking to the psychiatrist to the fund managers.
Unbillable Hours
Our specialists solve your HNW problems (gratis!)
Q
I currently earn over £200,000 per annum and have a portfolio of investments that are actively managed. The gains exceed the annual allowance by a considerable margin. Following the increase in the rate of Capital Gains Tax to 28% announced in the emergency budget, is there anything I can do to reduce my tax bill?
A
One of the simplest things to do would be set up an Offshore Bond to hold your investment portfolio. An Offshore Bond has a number of advantages, including ease of administration, tax deferral and simple access to a range of assets. One of the main drawbacks of managing a portfolio independently is the burden of administration and record keeping.
Spear's Wire



