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Previously on "If you were born abroad, don't pay any UK tax"

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  • andy
    replied
    This guy pays millions to tax advisers but not to IR
    Can we as contractors use some of his schemes

    Leave a comment:


  • alreadypacked
    replied
    Originally posted by chicane
    Sadly I don't have one as I'm not one of the self-proclaimed "CUK women". You'll have to look elsewhere.
    Who are these "CUK women" I keep hearing about, I have not meet any, as far as I know.

    Leave a comment:


  • King Cnvt
    replied
    Originally posted by Clippy
    Fascinating article.
    Indeed. The setting up of a charity and gifting all your companies profits to the charity, where you and your family are the trustees is a master stroke.

    As is setting up a loss making farm (where you live) and running it as a company and claiming all the VAT back on your living expenses.

    The guy is a billionaire genius. (or his tax advisers are).

    It also helps to donate a large pot to New Labour. Doing so stops all tax investigations dead. Allegedly.

    Leave a comment:


  • chicane
    replied
    Originally posted by alreadypacked
    Can you lend me yours?
    Sadly I don't have one as I'm not one of the self-proclaimed "CUK women". You'll have to look elsewhere.

    Leave a comment:


  • alreadypacked
    replied
    Originally posted by chicane
    Don't forget your ninja outfit.
    Can you lend me yours?

    Leave a comment:


  • Clippy
    replied
    Originally posted by King Cnvt
    A real world example of this great rule:

    http://www.guardian.co.uk/uk_news/st...682157,00.html

    I am buying a cheap house abroad and then filling in the non-domicile forms. I am going to say my father was gypsy from eastern europe.

    Should allow me to stash the cash abroad and pay no tax on it. No inheritance tax, no CGT and no income tax. Nice one.
    Fascinating article.

    Leave a comment:


  • chicane
    replied
    Originally posted by alreadypacked
    Not if they don't have any taxes, Dubai here I come!
    Don't forget your ninja outfit.

    Leave a comment:


  • alreadypacked
    replied
    Originally posted by andy
    there is no free lunch. You have to pay the taxes in the country you buy.
    hth
    Not if they don't have any taxes, Dubai here I come!

    Leave a comment:


  • andy
    replied
    Originally posted by King Cnvt
    I am buying a cheap house abroad and then filling in the non-domicile forms. I am going to say my father was gypsy from eastern europe.

    Should allow me to stash the cash abroad and pay no tax on it. No inheritance tax, no CGT and no income tax. Nice one.
    there is no free lunch. You have to pay the taxes in the country you buy.
    hth

    Leave a comment:


  • alreadypacked
    replied
    Originally posted by King Cnvt
    A real world example of this great rule:

    http://www.guardian.co.uk/uk_news/st...682157,00.html

    I am buying a cheap house abroad and then filling in the non-domicile forms. I am going to say my father was gypsy from eastern europe.

    Should allow me to stash the cash abroad and pay no tax on it. No inheritance tax, no CGT and no income tax. Nice one.
    You're stealing my plan!

    Leave a comment:


  • King Cnvt
    replied
    A real world example of this great rule:

    http://www.guardian.co.uk/uk_news/st...682157,00.html

    I am buying a cheap house abroad and then filling in the non-domicile forms. I am going to say my father was gypsy from eastern europe.

    Should allow me to stash the cash abroad and pay no tax on it. No inheritance tax, no CGT and no income tax. Nice one.

    Leave a comment:


  • King Cnvt
    started a topic If you were born abroad, don't pay any UK tax

    If you were born abroad, don't pay any UK tax

    An old article, but highlights the way in which wealthy Arabs, Russians, Indians, yanks etc can live here in the UK, use all the UK resources and pay zero tax in the UK apart from on the small amount of income they need to live here.

    http://www.guardian.co.uk/uk_news/st...682158,00.html

    If you were "lucky" enough to be born here, tough, you have to pay on ALL your money, even if it is earned offshore and is never spent here.

    HTH
    Last edited by King Cnvt; 26 June 2007, 09:49.

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