Anyone ever used a company called Darwin using an offshore trust

[remoh1972]

Have you ever thought about using a search button rather than just logging on and hammering keys? Researching dodgy schemes where your money is involved should amount to a little more than asking a question on a board that has been asked many times before IMO

Pompus twat

[Gonzo]

Pompus twat

Pompous

[BrilloPad]

Pompus twat

You really should have done alot more research before giving that answer.

[NotAllThere]

Was pompus twat the colleague of biggus dickus?

[LisaContractorUmbrella]

Silly question maybe but in a line or two (if poss), how does one know if he/she is within or outside IR35?

If you are inside IR35 and, therefore can only receive payment via PAYE, you will be what HMR&C refer to as a 'deemed employee'. This basically means that the company you are working for will have control over your working practises e.g. the hours that you work, the tasks you undertake etc. If you are outside IR35 you will be operating as a business and will determine your own working practises. There are a number of companies who will review your contract for you to determine whether you will be working inside or outside of IR35. However, you need to be aware that the contract needs to be a totally accurate representation of your working practises for you to be able to operate outside IR35. Recent IR35 cases (see Dragonfly v HMR&C) have shown that HMR&C are tightening the rules so you need to make sure of your status before operating outside IR35.

HTH

[Mozart]

Pompus twat

Thanks for the moral support :-) Agreed

[CharteredTaxAdviser]

Fact or Fiction?

"...from LisaContractorUmbrella

Any of these 'schemes' (and there are hundreds of them) will, at best, defer the tax that you owe. If you live and work in the UK you are liable for UK taxes - if you are outside IR35 set up a limited company and you will then be able to draw dividends from the company. If you are inside IR35 you absolutely must, no alternatives, no exceptions, be paid through PAYE whether through a limited company or an umbrella

..."
.
.
.
Are you a Chartered Tax Adviser, Tax Specialist or member of a Professional Group? Please elucidate?

The post above "If you live and work in the UK you are liable for UK taxes" is wholly inaccurate and does not consider other matters such as Residency & Domicility etc. Such knee jerk reactions appear as fact when they really are opinions of an individual without all the relevant knowledge?

Registered Tax Avoidance Schemes are legal (following correct due process). There is no 1 size fits all so "Any of these 'schemes' (and there are hundreds of them) will, at best, defer the tax that you owe" is just not true.

I do hope that your inaccurate opinion is not merely exaggerated by your conflict of interest as the Managing Partner of an Umbrella Company.

Surely posting inaccurate information on behalf of your business will surely unravel any positives as being an 'expert' in the field and offering prospective clients impartial and accurate advice?

The best advice should be "ask an expert"....

[LisaContractorUmbrella]

"...from LisaContractorUmbrella

Any of these 'schemes' (and there are hundreds of them) will, at best, defer the tax that you owe. If you live and work in the UK you are liable for UK taxes - if you are outside IR35 set up a limited company and you will then be able to draw dividends from the company. If you are inside IR35 you absolutely must, no alternatives, no exceptions, be paid through PAYE whether through a limited company or an umbrella

..."
.
.
.
Are you a Chartered Tax Adviser, Tax Specialist or member of a Professional Group? Please elucidate?

The post above "If you live and work in the UK you are liable for UK taxes" is wholly inaccurate and does not consider other matters such as Residency & Domicility etc. Such knee jerk reactions appear as fact when they really are opinions of an individual without all the relevant knowledge?

Registered Tax Avoidance Schemes are legal (following correct due process). There is no 1 size fits all so "Any of these 'schemes' (and there are hundreds of them) will, at best, defer the tax that you owe" is just not true.

I do hope that your inaccurate opinion is not merely exaggerated by your conflict of interest as the Managing Partner of an Umbrella Company.

Surely posting inaccurate information on behalf of your business will surely unravel any positives as being an 'expert' in the field and offering prospective clients impartial and accurate advice?

The best advice should be "ask an expert"....

Perhaps you could clarify under what circumstances someone who is a resident of the UK and works in the UK would not be liable for tax in the UK?

[MarkOD]

Go on Lisa!

[Fred Bloggs]

Perhaps you could clarify under what circumstances someone who is a resident of the UK and works in the UK would not be liable for tax in the UK?

You will not get a straight answer to that question!