using an offshore company ?

[ASB]

Registering: Not sure if you would "have" to register the company, but as far as HMRC are concerned your Ltd is tax resident if you are. Asuming a 1 man Ltd.

HMRC would regard the company as UK resident in those circumstances but it is not absolute. What you describe is an effect rather than a rule. The criteria used is essentially where the management of the company occurs.

In practice though if you are a director they are going to instantly argue management, if you are not a director they are going to argue you have the powers of a director - if you try and maintain the management is done by the "agent" in the offshore location they will argue you are a shadow director.

[The Lone Gunman]

HMRC would regard the company as UK resident in those circumstances but it is not absolute. What you describe is an effect rather than a rule. The criteria used is essentially where the management of the company occurs.

In practice though if you are a director they are going to instantly argue management, if you are not a director they are going to argue you have the powers of a director - if you try and maintain the management is done by the "agent" in the offshore location they will argue you are a shadow director.

That is pretty much it.

[tim123]

Then you go over to Germany and they're saying not just every German man and dog, every UK, French Italian etc etc. Then over in France they're saying...

This isn't a political discussion about whether there should be a system. It's a financial discussion about whether there IS a system.

Do you not think that there are millions of French, Germans, Italians.... moving money offshore to avoid tax.

There are. It is rife. Most do so in the full knowledge that the non declaration of this income to their home tax authority is illegal. No-one in these countries who does this, kids themself that they have fond a 'legal' scheme. They all do it using the "getting away with it" tax rule.

tim

[ASB]

"Germans".

I understand there is a fairly major repatriation of cash from Luxembourg back to Germany going on that the moment. Mainly because of the european savings directive thing. Since the Lux authorities soon have to start notifying the accounts or the witholding account owners are a little nevous that they may need to justify where the money came from - under risk of confiscation - to the German authorities.

[tim123]

Do you think Perl Harbor was an "Internal Job" ?

ps " not sure bout the spelling"

I haven't the faintest idea what point you are making.

(and yes, you have spelt it wrong, assuming that you mean this:
http://en.wikipedia.org/wiki/Pearl_Harbour#1800-1941)

tim

[BlasterBates]

Ah ok..
Would that mean register and the company (not just employees working in the UK) pay tax to the UK after that 6 months, as if they were in the UK?
*I'm listening and paying attention to your advice* p

I wonder how this works for e.g. outsourcing coding or call centres to places like India?
If their customers = business are based in the UK

Hmm..I think maybe I should *get some books* then come back here after a few months reading!

Basically what that means is, if your employees are working physically in the UK. The offshore call centre's employees sit and do their work in India.