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The latest IOM scam to look out for.

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    The latest IOM scam to look out for.

    Companies that set you up as Ltd but magically enable you to retain 83% take home (but watch that percentage go up as others jump on the band wagon).

    You heard it here first...
    "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
    - Voltaire/Benjamin Franklin/Anne Frank...

    #2
    Had a few emails offering the same. They didn't know where they got my email address from (you must have enquired previously sir!) and when asked for a detailed breakdown of how they could achieve those kind of retention levels it all went quiet.

    Comment


      #3
      Originally posted by cojak View Post
      Companies that set you up as Ltd but magically enable you to retain 83% take home (but watch that percentage go up as others jump on the band wagon).

      You heard it here first...
      The great news is that they don't involve any offshore intermediaries even though they're on the IoM.
      The material prosperity of a nation is not an abiding possession; the deeds of its people are.

      George Frederic Watts

      http://en.wikipedia.org/wiki/Postman's_Park

      Comment


        #4
        And to make it clear to anyone, as a company director you are responsible for paying the correct amount of tax. If they are the company directors it's their company - you are working for them. They can take the money and run...
        "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
        - Voltaire/Benjamin Franklin/Anne Frank...

        Comment


          #5
          And the usual applies - come back here bleating that HMRC are after you for the tax and the IOM scammers have disappeared into the mist, and we shall point and laugh at you for the greedy idiots that you are.
          "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
          - Voltaire/Benjamin Franklin/Anne Frank...

          Comment


            #6
            Originally posted by cojak View Post
            And to make it clear to anyone, as a company director you are responsible for paying the correct amount of tax. If they are the company directors it's their company - you are working for them. They can take the money and run...
            That was worth a shot, but i reckon you'll be needing a new sticky before long....

            Comment


              #7
              Originally posted by barrydidit View Post
              That was worth a shot, but i reckon you'll be needing a new sticky before long....
              I suspect you're right Barry.

              Sigh...
              "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
              - Voltaire/Benjamin Franklin/Anne Frank...

              Comment


                #8
                ...

                It's name should be changed to Isle of Scam, then there would be no need for this wet nursing

                Comment


                  #9
                  who is it this time????

                  Originally posted by cojak View Post
                  And the usual applies - come back here bleating that HMRC are after you for the tax and the IOM scammers have disappeared into the mist, and we shall point and laugh at you for the greedy idiots that you are.
                  can you post up a name and a link? Hopefully anyone who does a search will find it and, at least, be warned.

                  Comment


                    #10
                    Originally posted by jbryce View Post
                    can you post up a name and a link? Hopefully anyone who does a search will find it and, at least, be warned.
                    Nope. I wanted my full wrath to appear in this post first. I wouldn't worry though, they'll start crawling out of the woodwork soon enough.
                    "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
                    - Voltaire/Benjamin Franklin/Anne Frank...

                    Comment

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