Close Company - Avoid Tax

[EchoSierra]

Don't forget to leave some money behind for your VAT as well

[facboy]

seems pretty stupid to me...do you really want to be looking over your shoulder for the rest of your life to save an admittedly big chunk of money? and as said, even if they don't hunt you down, the uk (and possibly the eu?) would be closed to you forever - you that sure you never want to come back?

[Billy Pilgrim]

You could always empty the cash into an exec pension and then set up a QROPS pension in Oz to transfer the money to - problem is you won't get accesss to the $ until you are 55? - or probably 90 the way things are going!

Is there not a 5 year rule for QROPS pensions - i.e. after 5 years of living abroad then you are able to make a grab at your pot ?

Or will this not apply in this instance?

[foritisme]

Should have got yourself a premier youp0rn account and offset your profits against that.