Originally posted by philinlondon
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Leaving the UK?
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If you have an office in UK and do work in UK you will have to pay UK taxes. Unless you are Google, FB, etc. -
I have an office in the UK and work in the UK, but the work in the UK generates no profit for my company, since they hire me out for £1000 a day, but the parent company in Luxembourg charges them £1200 a day for my services, therefore no taxes are due in the UK. Simples. (That's (simplified) how Google etc. do it).Originally posted by sal View PostIf you have an office in UK and do work in UK you will have to pay UK taxes. Unless you are Google, FB, etc.Down with racism. Long live miscegenation!Comment
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Not all think it's BS.Originally posted by philinlondon View PostGuys I am not saying to skip the country without settling you affairs (of which we all think is BS)
Just need to pick your destination very carefully.
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If only it was so simple everyone would be doing it. Then again lots of people where/are gullible enough to sign for all the schemes these sub-forum is dedicated to, so you might be able to convince them your Simples scheme could work.Originally posted by NotAllThere View PostI have an office in the UK and work in the UK, but the work in the UK generates no profit for my company, since they hire me out for £1000 a day, but the parent company in Luxembourg charges them £1200 a day for my services, therefore no taxes are due in the UK. Simples. (That's (simplified) how Google etc. do it).Comment
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I looked into a HK move a while back, but financially it wasn't really viable. Yes the tax rates are low, but for me the salaries were nothing like London rates, and once you have paid a small ransom for a flat the size of a postage stamp there is little left over. Not to mention the three kids I'd need to privately educate. Were I do move it would be Australia or NZ, if they'd have me.Comment
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After my recent trip to Moscow I fancy a stint there, tax is 15% and with a 'Krisha' to help you probably 0%.
They have a highly skilled visa like our old HSMP ie not tied to an employer and u only need to earn £23k a year to qualifyComment
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