Originally posted by northernladuk
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My question should have concisely been:
What countries [nation states] are there left in the world, which allow a person [private individual citizen] to have a personal services company (PSC) or equivalent and then contract through the PSC (LTD or equivalent) directly / indirectly with a client? Thereby, I assume if you have a PSC then you can legally claim business expenses: travel expenses, training courses, laptops and phones etc and then is taken as a tax deduction inside the docile. You can pay yourself as the sole employee of your PSC a dividend and take a small salary and also pay the equivalent corporation tax minus expenses. (Rich Dad, Poor Dad (or 2020/21 Rich Mum, Poor Mum*))
Notice: the slight emphasis on the phrase "left in the world", am I right to assume these list of countries are shrinking in size year on year? (Yes I did I read with some sadness the situation about contracting in Australia going forward)
I would laugh heartily to myself if Vatican City and Micronesia is on the favourable list, because I'm neither catholic nor polynesian. Ha!
*Diversity and all that
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