doing tax schemes on the Isle of man .. good idea or not ...?

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Churchill replied

7 December 2005, 07:09
Originally posted by Commonwealth Contractors

I don't understand why it is spam. I am open about where I come from and gave some advice. Sorry if that offended you.

Don't worry about it, he's boredsenseless...
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Commonwealth Contractors replied

6 December 2005, 17:53
????

I don't understand why it is spam. I am open about where I come from and gave some advice. Sorry if that offended you.
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boredsenseless replied

6 December 2005, 14:23
Originally posted by Commonwealth Contractors

Hi

I think that the inland revenue is not very happy about trust funds anymore so may not be a good idea and you MAY have to pay the outstanding tax. If you want to look at other onshore options then you could try info@commonwealth contractors.com who can give you free advice.
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Mordac replied

6 December 2005, 10:42
>- are ready to move out of the UK at a few months notice

That's if you get a few months notice...
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malvolio replied

6 December 2005, 10:13
Well said, Rebecca; nice to know someone's been listening!
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Rebecca Loos replied

6 December 2005, 09:44
it's a perfectly good idea as long as you either:
- keep some cash in case HMRC lands you with a large tax bill
- are ready to move out of the UK at a few months notice

that's what I do. Since what is legal now might be illegal in the future and HMRC are allowed to retrospectively change the rules, you have to have a backup plan like that

Not suitable for everyone, of course.
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Commonwealth Contractors replied

5 December 2005, 21:07
Umbrella co

Hi

I think that the inland revenue is not very happy about trust funds anymore so may not be a good idea and you MAY have to pay the outstanding tax. If you want to look at other onshore options then you could try info@commonwealth contractors.com who can give you free advice.
Leave a comment:
messiah started a topic doing tax schemes on the Isle of man .. good idea or not ...?

5 December 2005, 19:02
doing tax schemes on the Isle of man .. good idea or not ...?

doing tax schemes on the Isle of man .. good idea or not ...?

u know the trust fund option ........

u reckon its good or do you reckon you'll just get burned in the future ?
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