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Are there any Umbrella Companies providers that will pay to an offshore bank account?

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    Are there any Umbrella Companies providers that will pay to an offshore bank account?

    I would like to locate a company that provides an umbrella that will pay to an offshore account if possible.

    Any suggestions would be appreciated.

    #2
    Why do you need them to pay into an off-shore bank account?

    If you explain why you need that then you may get more replies.
    "You’re just a bad memory who doesn’t know when to go away" JR

    Comment


      #3
      You've got to be very clear what you are after here as your question could be construed that you are wanting to stray in to very bad territory...

      Are you asking if there is an umbrella that will take the payments from the client, take the proper tax and NI and instead of paying you the proper amount to a UK bank account you want it to go to one you have in another country?

      This is completely different to an umbrella offering an offshore tax solution maximising your take home which is going to land you in very hot water and potentially bankrupt you.

      Bank account in IoM?
      'CUK forum personality of 2011 - Winner - Yes really!!!!

      Comment


        #4
        There were lots of them. Ask any poor soul who is still paying of his Connexion or The Point of Contact debt.

        Comment


          #5
          Ask these friendly people direct:
          https://www.gov.uk/contact-hmrc

          Comment


            #6
            Wozza’s earlier thread explained that he’s an NZ national who is actually relocating to the IOM for his wife’s work.
            "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


              #7
              As I mentioned in MrToms thread - here.

              I will be moving to IoM and I am trying to work out a way to work remotely to continue my current contract - I know I could continue with my UK limited company that I have been working from for 5+ years, but I am quite keen to shut it down.
              I've been told it could take 3 - 6 months to do that. my current contract finishes in 6 months.

              It seems to me to make sense to begin the process and have a clean start with the new personal tax year beginning in April.

              Once my time in IoM ends I won't go back to the UK to work.

              I have since found out after ringing IoM immigration that I am permitted to live and work there with my UK Ancestry Visa.

              My thought was that if I worked through an umbrella that would pay me in IoM (as a resident) it would be a lot quicker to clean things up when I finish.

              I'm not interested in doing any dodgy tax schemes, I work with several who are under investigation and others who have been given their "bill" to pay.
              Keeping my nose clean on that front.

              My agency will pay me via an umbrella and I am trying to find out if they will pay an IoM limited company in case I have to go that route.

              Anyway - thanks for the replies and I do appreciate any advice.

              Comment


                #8
                I just found out that my agency will not work with an IoM limited company.

                Comment


                  #9
                  Keep a UK personal bank account, get the UK brolly to pay you into that, and transfer funds as and when you need to.

                  Comment


                    #10
                    Originally posted by wozza View Post
                    I just found out that my agency will not work with an IoM limited company.
                    Sounds about right. Bit of a one dimensional lot agents.
                    'CUK forum personality of 2011 - Winner - Yes really!!!!

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