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An excellent and simple scheme for avoiding UK taxes
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An excellent and simple scheme for avoiding UK taxes
And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014 -
Leaving the UK does not automatically mean you are not liable for UK tax, if you have income, dividends, pension, capital gains or BTL generating income in the UK even if you never set foot here ever again.
Nope, HMRC want their tax whether you continue to live here or not. -
Uk
Originally posted by Mich the Tester View PostLeave
And pay Eurozone Taxes?
Unless you go and live in a hut in the mountains in Georgia and shoot any tax collectors that come your way with an AK47, you will live somewhere and the incumbent government will tax you.There are no evil thoughts except one: the refusal to thinkComment
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Originally posted by sunnysan View Post
Unless you go and live in a hut in the mountains in Georgia and shoot any tax collectors that come your way with an AK47, you will live somewhere and the incumbent government will tax you.Comment
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Originally posted by sunnysan View PostUnless you go and live in a hut in the mountains in Georgia and shoot any tax collectors that come your way with an AK47, you will live somewhere and the incumbent government will tax you.And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014Comment
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Originally posted by sunnysan View PostAnd go where, Europe?
And pay Eurozone Taxes?
Unless you go and live in a hut in the mountains in Georgia and shoot any tax collectors that come your way with an AK47, you will live somewhere and the incumbent government will tax you.
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).
Places like Monaco, Isle of Man, Jersey all have low overall levels of taxation.
Or you could slum it in the British Virgin Islands.
http://en.wikipedia.org/wiki/Taxatio...Virgin_Islands
no capital gains tax,
no gift tax,
no sales tax or value added tax,
no profit tax,
no corporation tax, and
no inheritance tax or estate duty, but contrary to popular belief, there is in fact income tax in the British Virgin Islands, but the rate of taxation has been set at zero.
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Originally posted by DimPrawn View PostLeaving the UK does not automatically mean you are not liable for UK tax, if you have income, dividends, pension, capital gains or BTL generating income in the UK even if you never set foot here ever again...
btw - if you live in Switzerland and owe HMRC money, they can extradite you, but they can never get your money.Down with racism. Long live miscegenation!Comment
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How about the Channel islands?"Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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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 ?Comment
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