UK companies moving their tax base to Ireland

[BrilloPad]

You don't. Just create a new DimPrawn(Ireland) Ltd and off you go.

And how will HMRC view this? Presumably they will be quite happy for DP to pay tax offshore for income earned onshore....

(see the bn66 thread).

[lilelvis2000]

Would you not just invoice from Ireland? isn't that enough.

[Dow Jones]

Inconsistency

See, the rules they apply for Ltd Cos is that you should be based where you mainly earn your income. Fair enough, but what happens if RSA (Royal & Sun Alliance), a large plc whose policyholders are mainly UK-based, decides to relocate in Ireland or another part of Europe? Albeit part of EU, hence legal? Or maybe borderline 'tax avoidance'?

[Peoplesoft bloke]

See, the rules they apply for Ltd Cos is that you should be based where you mainly earn your income. Fair enough, but what happens if RSA (Royal & Sun Alliance), a large plc whose policyholders are mainly UK-based, decides to relocate in Ireland or another part of Europe? Albeit part of EU, hence legal? Or maybe borderline 'tax avoidance'?

This would be no different from people buying insurance from an Irish Company (which presumably happens). If policyholders don't like it, they can buy from someone UK-based. Most insurers seem to be foreign owned and/or multinational anyway.