Originally posted by LisaContractorUmbrella
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Reply to: On-shore accounting models
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Previously on "On-shore accounting models"
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Originally posted by Pondlife View PostI wonder if this one involves setting yourself up as a used car dealer.
Or maybe some sort of film financing.
http://www.financeandtaxtribunals.go...18/TC03314.pdf
and the scheme was unbelievably complicated to my eyes. Makes those EBT schemes seem simple in comparison.
Sample quote:
The rather unusual consideration for that assignment was to consist of the payment of £100, and attendance by the assignee before a solicitor practising in London in order to recite the name of the Trader, “pray to the God of the Christian church for World Peace” and obtain from the no doubt bemused solicitor a certificate that those actions had been performed (“the Prayer Condition”).Last edited by NickNick; 7 March 2014, 12:28.
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Originally posted by Old Greg View PostI've heard your 'brolly scheme' is barista approved.
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Originally posted by Old Greg View PostQC approved, my dear,
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Originally posted by eek View PostOh yes the old greg approach.
Personally I would go for get people to join the scheme. Delay payments beyond minimum wages payments as long as possible until £xm is in the account and then pocket the lot before closing the company down....
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Originally posted by DaveB View PostLet me see now. Set up in Oct. 2013, sole Director, no accounts filed, Virtual Office address. Shares their sole director with 4 other newly minted Ltd's all in the umbrella business.
There's more but I don't have time to do the digging atm.
I'm also pretty sure the sole director of this company has very little to do with the running of the business seeing as he appears to be a conceptual artist and son of the chap who actually set up the company.
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Originally posted by mykash View PostI've received two emails from cwjobs, the most recent one marketing dynamicpartners that promise high take home pay and keep the money in UK, so no offshore stuff.
But it still sounds like a tax avoidance scheme of sorts as you take home 90% rather than the estimated 80% through limited company.
Essentially it sounds like a duck, quacks like a duck, but doesn't seem to be a duck. Anyone got similar marketing emails or are part of schemes that keep money in UK and take home 90%?
There's more but I don't have time to do the digging atm.
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I wonder if this one involves setting yourself up as a used car dealer.
Or maybe some sort of film financing.
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Originally posted by ASB View PostHah, not aggressive enough. You should keep the VAT too :-)
Personally I would go for get people to join the scheme. Delay payments beyond minimum wages payments as long as possible until £xm is in the account and then pocket the lot before closing the company down....
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