An excellent and simple scheme for avoiding UK taxes

[DimPrawn]

1 Befriend the PM
2 Setup your wife as the Director of your multi-million pound retail company and stipulate her residency is in Monaco
3 Congrats - you dont have to pay a penny tax on your UK company profits - isnt that so retail magnate Mr P Green and 'friend' of the former hon Mr Blair ?

And then get a knighthood. Which was nice.

[PRC1964]

1 Befriend the PM
2 Setup your wife as the Director of your multi-million pound retail company and stipulate her residency is in Monaco
3 Congrats - you dont have to pay a penny tax on your UK company profits - isnt that so retail magnate Mr P Green and 'friend' of the former hon Mr Blair ?

Or you could live in a large mansion in Wiltshire, pay yourself around half a million a year, own the Daily Mail and yet declare yourself as non domiciled in the UK.

Say a big hello to Lord Rothermere who manages not to pay tax here.

[HairyArsedBloke]

Leave

I got your solution several years ago using Threaded's time machine. Best thing I ever did, thanks.

[sunnysan]

Cyprus

What a stupid thing to say.

Yes, the whole world has the same level of taxation.

Even in Eurozone, there are low tax countries (e.g. Cyprus) and high tax countries (UK, Denmark).

http://it.jobserve.co.uk/JobListing....DCEEE77BAD18FB

Some of us have to work

[DimPrawn]

Or you could live in a large mansion in Wiltshire, pay yourself around half a million a year, own the Daily Mail and yet declare yourself as non domiciled in the UK.

Say a big hello to Lord Rothermere who manages not to pay tax here.

I think him being dead helps.

[DimPrawn]

http://it.jobserve.co.uk/JobListing....DCEEE77BAD18FB

Some of us have to work

I can't help it if you are a peasant.

[Spacecadet]

Move to Tennessee
Relatively recently the state government there tried to enact a state income tax, the populace revolted and forced a backdown

[AlfredJPruffock]

I think him being dead helps.

Now my advice for those who die -
Declare the Pennies on your Eyes

Cos Im the Taxman
And your working for no-one but me

[Spacecadet]

Now my advice for those who die -
Declare the Pennies on your Eyes

Cos Im the Taxman
And your working for no-one but me

Are they not an allowable expense?

[PRC1964]

I think him being dead helps.

You're thinking of his dad. The current Lord Rothermere was very much alive last time I checked.