High Earners 'Will Dodge New 50p Tax Rate'

[AtW]

You can't be a one man-band working here and be incorporated overseas.

Why can't you have Ltd in Ireland which will bill end client here and pay you as another local Ltd subcidiary for doing the services? That's how Google UK operates.

[AlfredJPruffock]

Of course. Darling is not stupid. He just depends on stupid people to vote for his party.

As Hitler once said

'It as well for the Leaders that the people cannot think'

PS War in Iran anybody ?

[AtW]

The domicile (I think that's the correct term) of a company depends where the direction and control of the company comes from.

“Search giant Google has been accused of avoiding UK tax by routing most of its earnings through Ireland. This means it saves about £100m a year by paying Irish corporation tax at 12.5 per cent rather than the 28 per cent it would face in the UK.

British advertisers send their money to Google’s Irish subsidiary, an arrangement that has been described as unfair and unacceptable.

This means that even though Google UK turned over £1.25bn in the UK it paid only £600,000 in UK corporation tax - 90 per cent of its earnings were channeled through Ireland.”

http://blog.freshegg.com/google-accu...tax-dodge_920/

[ThomasSoerensen]

As Hitler once said

'It as well for the Leaders that the people cannot think'

PS War in Iran anybody ?

UK should issue war bonds. Get the Middle East guys invest in a war with the Middle East. It makes perfect sense. In a New Labour way.

[AlfredJPruffock]

UK should issue war bonds. Get the Middle East guys invest in a war with the Middle East. It makes perfect sense. In a New Labour way.

We don't want to fight - but by Jingo if we do ...

[Moscow Mule]

Why can't you have Ltd in Ireland which will bill end client here and pay you as another local Ltd subcidiary for doing the services? That's how Google UK operates.

Aside from one person only being able to be in one place at a time, I can see no flaws in that whatsoever.

[AtW]

Aside from one person only being able to be in one place at a time, I can see no flaws in that whatsoever.

Why do you have to be in different places? Irish Ltd will bill (like it does for Google UK) and declare there profits pay low corporate tax and pay you dividends as owner of that Ltd who lives in the UK.

Big companies certainly get away with it.

[Moscow Mule]

If you are the sole director, and live & work in the UK, even if the company is registered in France, Hector will want to tax you.

Why do you have to be in different places? Irish Ltd will bill (like it does for Google UK) and declare there profits pay low corporate tax and pay you dividends as owner of that Ltd who lives in the UK.

Big companies certainly get away with it.

Little companies don't.

[AtW]

Little companies don't.

Indeed, and it's a bit tulipy to say the least.