Indians working through Ltds

[stek]

I guess they're worth every penny and more.

I wonder what percentage of contractors here could successfully set up a Ltd company in India.

But the point is a Tier 1 (HSMP) is closed now and has been for a while, leaving only Tier 2 as the only remaining Work Permit route per se, what the enterprising Bob does now is somehow find a contract and then contacts certain 'umbrellas' who has COS that allows them to sponsor Tier 2 visas. Remember T2 is tied to the sponsor.

So the 'umbrella' takes on the contract and sponsors the Bob in turn. Totally illegal but the UKVI haven't cottoned to this one yet.

There's a whole industry springing up out of this as with the T1 Entrepreneur visa, I read the forums and 99% of the Bob's there couldn't start a jigsaw let alone a Business. Stuff like this...

Hi Every body, i am newcomer on this forum, i am going to apply entrepreneure visa from psw in next few month. i have some problem , my 50K is out side country (pakistan) and the maintenance problem here not coving the 90 days, but in out of counry in my Father account but i have a joint account with my father my name is appear on statement, i just confirm is this ok like this one i can show the maintenance out of country with joint accound. and how much i show the maintenance in out of country, i really need help urgently, thanks i am waiting your response.

[scooterscot]

Sounds to me like you guys need to be charging less to beat the competition and care less about those bending the rules. After all the majority of contractors here use a Ltd company for immoral tax reasons.

[OwlHoot]

After all the majority of contractors here use a Ltd company for immoral tax reasons.

You're such a tosser sometimes

In fact most of the time!

[scooterscot]

Are you claiming you use a Ltd company for a reason other than tax avoidance?

[original PM]

Sounds to me like you guys need to be charging less to beat the competition and care less about those bending the rules. After all the majority of contractors here use a Ltd company for immoral tax reasons.

+1 on that.

Been saying it for years

Dirty tax dodgers

[d000hg]

Are you claiming you use a Ltd company for a reason other than tax avoidance?

If you want to be in control of your own finances, there isn't a viable alternative in many cases - sadly as I'm sure many dislike having to go through the rigmarole.

[scooterscot]

I control my own finances without using a Ltd company. How is it I can use cash accounting and still work for clients in the UK and you guys can't?

[OwlHoot]

Are you claiming you use a Ltd company for a reason other than tax avoidance?

Tax avoidance is one reason (among others) that I and many contractors use a Ltd company.

But tax avoidance is NOT immoral, you complete and utter mupp!

[stek]

I control my own finances without using a Ltd company. How is it I can use cash accounting and still work for clients in the UK and you guys can't?

Is it because you live and work in Germany and it's wonderful?

[SpontaneousOrder]

After all the majority of contractors here use a Ltd company for immoral tax reasons.

When you soak the rich it's not their consumption spending that is reduced - it's their capital investment.
By all means soak the well-off, and see the poor sink into the mud penniless long before the rich start to think about buying fewer Porsches.