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Bedouin

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    #31
    Originally posted by jaimemm View Post
    I started a contract in the UK, I'm not British and I by the end of the tax year I will not spent more than 120 days in the country... I'm considering put all the money off-shore and run
    Quite a few of the Australians and New Zealanders I have worked with did just that.

    Frankly, with the government screwing the country, the banks screwing the country, the oil and telecoms and utility companies all screwing the country, scrounging dossers being kept by the taxpayer, you nicking a few thousand in tax is not going to make any difference.

    Make sure you nick it and get it converted into something else before we devalue the currency otherwise you'll feel silly.

    Good luck to ya; I hope you get away with it. And don't come back 'cos that's just taking the piss.
    Drivelling in TPD is not a mental health issue. We're just community blogging, that's all.

    Xenophon said: "CUK Geek of the Week". A gingerjedi certified "Elitist Tw@t". Posting rated @ 5 lard points

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      #32
      Personally I am quite happy for those too greedy to join these schemes. As I see it they tie up our friends at HMRC and leaves them less time to waste the time of those of us who trade legit.
      "The budget should be balanced, the Treasury should be refilled, public debt should be reduced, the arrogance of officialdom should be tempered and controlled, and the assistance to foreign lands should be curtailed lest Rome become bankrupt. People must again learn to work, instead of living on public assistance." Cicero

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        #33
        Originally posted by BrowneIssue View Post

        Good luck to ya; I hope you get away with it.
        I don't. I would prefer it if you were thrown in jail and made someones pillow biting plaything.

        Comment


          #34
          Interesting and turbulent financial times

          These are clearly interesting and turbulent financial times, where every penny counts and contractors are understandably exploring all possibilities – including ‘too good to be true’ or ‘offshore’ schemes they might not have previously been willing to consider. Bedouin pays the employment taxes required as a UK registered employer for all our UK based employees (and in other countries for those working there), so 85% is the maximum we can return to our employee contractors. The independent Trustees of our EBT do not write-off or sell loans however, there is a legitimate mechanism that stops the forever roll-up. Offshore financial solutions are used by the wealthy and financially astute for years for a very good reason – they are highly tax efficient. Providing one uses a well legislated jurisdiction and reputable company they are no less safe than anywhere else. What Bedouin have done is make tax planning cheaper and more widely available. You are obviously doing your research to find out more – I’m sure one of our own contractors would be happy to comment on the service they receive from us. Bedouin simply acts to give you another way and more choices in what you do and how you work and earn.

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            #35
            Bedouin - have you registered the scheme with HMRC?

            Comment


              #36
              Bedouin

              Originally posted by Bedouin Group View Post
              These are clearly interesting and turbulent financial times, where every penny counts and contractors are understandably exploring all possibilities – including ‘too good to be true’ or ‘offshore’ schemes they might not have previously been willing to consider. Bedouin pays the employment taxes required as a UK registered employer for all our UK based employees (and in other countries for those working there), so 85% is the maximum we can return to our employee contractors. The independent Trustees of our EBT do not write-off or sell loans however, there is a legitimate mechanism that stops the forever roll-up. Offshore financial solutions are used by the wealthy and financially astute for years for a very good reason – they are highly tax efficient. Providing one uses a well legislated jurisdiction and reputable company they are no less safe than anywhere else. What Bedouin have done is make tax planning cheaper and more widely available. You are obviously doing your research to find out more – I’m sure one of our own contractors would be happy to comment on the service they receive from us. Bedouin simply acts to give you another way and more choices in what you do and how you work and earn.
              And Just how long has this scheme been running, I think about a year...have you even done a SA return for anyone yet.

              So not long enough for HMRC to get to it...they are too busy screwing with 2000+ MontP scheme users....and Steed and ICM and..and...

              All of whom are now starting to wish they had never gone there!

              good luck you may need it.

              Comment


                #37
                Originally posted by Bedouin Group View Post
                These are clearly interesting and turbulent financial times, where every penny counts and contractors are understandably exploring all possibilities – including ‘too good to be true’ or ‘offshore’ schemes they might not have previously been willing to consider. Bedouin pays the employment taxes required as a UK registered employer for all our UK based employees (and in other countries for those working there), so 85% is the maximum we can return to our employee contractors. The independent Trustees of our EBT do not write-off or sell loans however, there is a legitimate mechanism that stops the forever roll-up. Offshore financial solutions are used by the wealthy and financially astute for years for a very good reason – they are highly tax efficient. Providing one uses a well legislated jurisdiction and reputable company they are no less safe than anywhere else. What Bedouin have done is make tax planning cheaper and more widely available. You are obviously doing your research to find out more – I’m sure one of our own contractors would be happy to comment on the service they receive from us. Bedouin simply acts to give you another way and more choices in what you do and how you work and earn.
                Interesting comment. In the circumstance of an investigation of members by HMRC, do you offer guarantees to cover all back tax, penalties etc if the scheme proves to be flawed?

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                  #38
                  Originally posted by dezze View Post
                  Interesting comment. In the circumstance of an investigation of members by HMRC, do you offer guarantees to cover all back tax, penalties etc if the scheme proves to be flawed?
                  and if they did, how much do you think the guarantee would be worth?

                  Comment


                    #39
                    Originally posted by Archangel View Post
                    and if they did, how much do you think the guarantee would be worth?
                    Not a lot probably! Interested to hear what Mr Bedouin says thou.

                    Comment


                      #40
                      Originally posted by dezze View Post
                      Not a lot probably! Interested to hear what Mr Bedouin says thou.
                      WHS

                      As a newbie it will have to wait for new posts to be approved.

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