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Possibly offshore through an offshore limited company. Otherwise with an income that high you will be well into the 40% tax bracket. Owning through a company, either UK (corporation tax (CT) is only 20%) or offshore you would personally only be taxed on any distributions to you.
Whichever way you invest you will get eventually caught for Inheritance tax (IHT) which is at a 40% flat rate for any amounts over 325K. The 3325K is increased by any charitable or inter spousal bequests.
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Qatar taxes companies as follows [source: Expat Focus]:
'Corporation tax is payable on a progressive scale on any income in excess of QR 100,001, from 10% up to a maximum rate of 35% on income in excess of QR 5 million. There are a number of allowable deductions including interest payments, salaries, rentals, depreciation etc.'
Offshore companies are popular because of taxation and capital gains advantages, not to mention anonymity regarding ownership through reduced disclosure requirements. With the increased inter country exchange of data and possible UK [incidentally now a tax haven in its own right] legislation on taxation of off seas organisations things may become more tricky. They are also expensive: operations in the Channel Islands, Gibraltar, Turks and Caicos Islands are big business and fees relatively high.
HMRC may become aware of the existence of an overseas holding when the executors or administrators take over and declare same for Inheritance Tax (IHT) declarations. When a person dies all their assets world wide are aggregated and exposed to IHT.