The things people get up to to avoid paying any tax.
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Contracts Using loanback schemes
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The "average man in the street" would probably say the same about us with Limited companiesOriginally posted by fullyautomatix View PostThe things people get up to to avoid paying any tax.
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65 days a year in the UK - he may well not be tax resident in the UK. And maybe Italian law allows you to put a big LCD TV through expenses.Originally posted by Rabotnik View PostI know a guy who has been contracted to the same client for about 8 years, and to avoid IR35/tax he works sub-contracted to his father's UK company (whom the client pays), while his own company is registered in Italy. He works from his home in Italy 3 weeks out of 4 after he moved there a few years ago. Had no qualms about putting his big screen LCD TV through the company either
Down with racism. Long live miscegenation!Comment
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