Which offshore scheme provider?

[Connie]

What exactly helped you decide to do this? Did you do some research in to it first or just like the figures.

Is there any other reason to use these schemes.

[stek]

Is there any other reason to use these schemes.

Have you considered the reasons not to?

[SueEllen]

Which scheme was you with?
Is there a thread, can you provide a link if so.

This forum is quite self explanatory.

Have a look at some of the stickies at the top and read the threads on "No to retro taxation" and "Loans EBT".

[northernladuk]

Is there any other reason to use these schemes.

But have you looked in to why you wouldn't. Anything about paying less tax should be ringing alarm bells IMO, particularly with all the celebs being plastered over the news recently.

I'm sure that the OP has done this already and decided that the risk is worth it.

We are all grownups around here.

I don't agree. We have so many newbies jumping in to things they clearly don't fully understand or researched properly I think it is a valid question, particularly in the current climate.

[LisaContractorUmbrella]

Is there any other reason to use these schemes.

Just make sure that you put away the equivalent of the difference between tax paid via SEBT and owed via PAYE and then put away that amount again and then add 8% to the total as that is what you will end up owing if the scheme goes pear shaped of HMRC decide to come visiting.

Your decision but you should be fully aware of the risks

p.s. do all of the above for 10 years just to be on the safe side

[Platypus]

Anything about paying less tax should be ringing alarm bells IMO

Yep, it's still you

[Connie]

This forum is quite self explanatory.

Have a look at some of the stickies at the top and read the threads on "No to retro taxation" and "Loans EBT".

I have skimmed through a couple of the sebt's threads unfortunately there is a lot of, what shall I say, arguing going on that puts me off reading them in full.

[Connie]

that is what you will end up owing if the scheme goes pear shaped of HMRC decide to come visiting.

Hence this thread.

[Old Greg]

I have skimmed through a couple of the sebt's threads unfortunately there is a lot of, what shall I say, arguing going on that puts me off reading them in full.

Have a look at the Employee Benefit Trusts link on the right hand side. Then make your mind up. I doubt we can help more than that.

[northernladuk]

I have skimmed through a couple of the sebt's threads unfortunately there is a lot of, what shall I say, arguing going on that puts me off reading them in full.

Might be a bit of an 'out there suggestion' but have you even tried google?

Using the term Benefits Trust Scheme Contractor you get..

benefit trusts scheme contractor - Google Search

Just that search alone should be enough to put you off.