-
Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Recent content by Flat Eric
-
-
Running your company from Ireland
Me.. Nope, total wuss.. Just playing devils advocate. If I thought I could get away with it then I'd be out there faster than a fast thing from planet fast wearing the very fastest pair of trousers....:D- Flat Eric
- Post #27
- Forum: Accounting / Legal
-
Running your company from Ireland
I've not gone bright red after blurting out a guffaw and having everyone in the office looking at me :D:D Anyway, I'm not daft enough to assume that Hector would simply walk away. I'm sure they'd want to investigate the company but if you'd received bearer shares which meant they'd have to find...- Flat Eric
- Post #24
- Forum: Accounting / Legal
-
Running your company from Ireland
But you'd have nothing to declare, you would simply say you the income from shares held in a belizian company.. I'm sure there's no law against that.. ;)- Flat Eric
- Post #22
- Forum: Accounting / Legal
-
Running your company from Ireland
Ok, get the contracts signed by your ltd in this country, start work at client site, then approach agent and say you want the contracts changed to reflect your offshore.. How many agents are going to want to chuck in the towel & revenue stream..- Flat Eric
- Post #21
- Forum: Accounting / Legal
-
Running your company from Ireland
And why would they do that. What would prompt them to do this.. You would be paying tax on the share dividends you earned at the appropriate rate. That's exactly how my grandparents receive a good portion of their pension. They get a state pension and have their income topped up with dividends...- Flat Eric
- Post #19
- Forum: Accounting / Legal
-
Running your company from Ireland
Ok, I suppose the point is.. How could HMRC find out if a company in belize is controlled by someone in the UK. They could appoint nominee directors and all shareholder details are not recorded with the belizian authorities. All they would see is a UK person drawing income via dividends as...- Flat Eric
- Post #16
- Forum: Accounting / Legal
-
Running your company from Ireland
Too Obvious...?? Not sure what you mean. Say you had a belize registered company and were fully compliant with all Belizian (sp?) law. You paid correct UK income tax on the income you received from this company. Wheres the problem. I admit, the residency rules pointed out above may make it...- Flat Eric
- Post #14
- Forum: Accounting / Legal
-
Running your company from Ireland
Not in Belize you don't.. You just assign nominees who are usually a management company set up specifically for this. i.e. the people who's link I posted.. As an aside, they also do Panama and Caymen Island companies ..:D- Flat Eric
- Post #13
- Forum: Accounting / Legal
-
Running your company from Ireland
Actually, I've changed my mind.. Belize is the place... Specifically where it states ... What Can IBC's be Used For? "Consultancy and Professional Services. Individuals who receive significant payments for their services (such as consultants, writers, designers, directors, composers...- Flat Eric
- Post #11
- Forum: Accounting / Legal
-
Running your company from Ireland
Thanks. I'll check HMRC's website for that document. I can definitely see how, if a company has operations in the UK, i.e a ltd based here, then HMRC would definitely want their a slice of the revenue. I just can't see how they can force a non UK company to pay UK corp tax. Maybe they...- Flat Eric
- Post #9
- Forum: Accounting / Legal
-
Running your company from Ireland
Hmm.. Obviously, I'm no expert (really :tongue). But how can UK inland revenue want a say in the corporation tax that is paid by an Irish company. I wouldn't, in any way, be trying to avoid UK income tax. The new Irish based company would pay all it's dues to the Irish inland revenue. As...- Flat Eric
- Post #5
- Forum: Accounting / Legal
-
-
Running your company from Ireland
There's been a couple of cases in the news where big companies have moved their head offices over to Ireland to take advantage of the better tax regime. As I understand it headline corp tax in Ireland is 12.5%. Can anyone see any issues with me setting up an irish company and using it to bid...- Flat Eric
- Thread
- Replies: 30
- Forum: Accounting / Legal
-
number of weeks worked per year
a) Neighbour of the beast. b) 668.- Flat Eric
- Post #17
- Forum: Business / Contracts
