Tax doesn't need to be taxing (if you don't pay any)

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ASB replied

27 June 2007, 16:43
Originally posted by XTC

I did something similar, but was told to be careful with it i.e don't do it for 5 yrs straight. I ended up doing it for 6 months, paying zero tax and £250 to the company in IOM once a month.

Please ring 0800 SHOP-A-CHEAT and dob yourself in. The IOM company would almost certainly have gained UK residence and should have been paying UK CT.
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AlfredJPruffock replied

27 June 2007, 15:52
Given that Income Tax was introduced to fund the Napoleonic Wars one only needs to fill in ones tax form with the Special Tax Code - Waterloo - and no more will be said on the matter.

Tyr and keep this wizard wheeze to yourself - dont let the Plebs find out.

Last edited by AlfredJPruffock; 27 June 2007, 15:55.
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XTC replied

27 June 2007, 14:19
Originally posted by minsky1

A question .....

Is it possible to set up an Isle of Man Ltd company, and operate it from the UK, using nominees? I started to look at this a long time ago, but dropped the ball so to speak.....

I did something similar, but was told to be careful with it i.e don't do it for 5 yrs straight. I ended up doing it for 6 months, paying zero tax and £250 to the company in IOM once a month.
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minsky1 replied

27 June 2007, 13:36
A question .....

Is it possible to set up an Isle of Man Ltd company, and operate it from the UK, using nominees? I started to look at this a long time ago, but dropped the ball so to speak.....
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alreadypacked replied

27 June 2007, 13:25
Originally posted by King Cnvt

Have a good read of these articles.

http://www.internationaltaxadviser.c...egory/5/70/54/

And wonder why you are a law abiding tax paying idiot.

Only "fair"

It's the last time I'll say this, STOP STEALING MY PLAN!
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King Cnvt started a topic Tax doesn't need to be taxing (if you don't pay any)

27 June 2007, 13:19
Tax doesn't need to be taxing (if you don't pay any)

Have a good read of these articles.

http://www.internationaltaxadviser.c...egory/5/70/54/

And wonder why you are a law abiding tax paying idiot.

Only "fair"
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