Reply to: Leaving the UK?

[stek]

After my recent trip to Moscow I fancy a stint there, tax is 15% and with a 'Krisha' to help you probably 0%.

They have a highly skilled visa like our old HSMP ie not tied to an employer and u only need to earn £23k a year to qualify

[Boobetty]

I looked into a HK move a while back, but financially it wasn't really viable. Yes the tax rates are low, but for me the salaries were nothing like London rates, and once you have paid a small ransom for a flat the size of a postage stamp there is little left over. Not to mention the three kids I'd need to privately educate. Were I do move it would be Australia or NZ, if they'd have me.

[sal]

I have an office in the UK and work in the UK, but the work in the UK generates no profit for my company, since they hire me out for £1000 a day, but the parent company in Luxembourg charges them £1200 a day for my services, therefore no taxes are due in the UK. Simples. (That's (simplified) how Google etc. do it).

If only it was so simple everyone would be doing it. Then again lots of people where/are gullible enough to sign for all the schemes these sub-forum is dedicated to, so you might be able to convince them your Simples scheme could work.

[stonehenge]

Guys I am not saying to skip the country without settling you affairs (of which we all think is BS)

Not all think it's BS.

Just need to pick your destination very carefully.

[NotAllThere]

If you have an office in UK and do work in UK you will have to pay UK taxes. Unless you are Google, FB, etc.

I have an office in the UK and work in the UK, but the work in the UK generates no profit for my company, since they hire me out for £1000 a day, but the parent company in Luxembourg charges them £1200 a day for my services, therefore no taxes are due in the UK. Simples. (That's (simplified) how Google etc. do it).

[sal]

At the current landscape, I would say I base myself Hong Kong but come over here a few times a yr for work where we will have an office here.

If you have an office in UK and do work in UK you will have to pay UK taxes. Unless you are Google, FB, etc.

[philinlondon]

Sorry Phil - didn't mean to hijack your thread - I was just curious to hear opinions from others who have / had the opportunity to leave the UK for good.

No probs.. I am just merely making sure I've conveyed my question/point across.

[MrsB1974]

Sorry Phil - didn't mean to hijack your thread - I was just curious to hear opinions from others who have / had the opportunity to leave the UK for good.

[bandemelbs]

In my perspective, if I don't get any "tax incentive" to stay, I don't see much point in staying in the UK. I rather tax reside in a more favorable country, for example you don't need to be in any scheme in HK when is 15% flat tax rate - simple!

This ^^^

[philinlondon]

Guys I am not saying to skip the country without settling you affairs (of which we all think is BS), but mere question whether to leave the country from a brain drain point of view.

In my perspective, if I don't get any "tax incentive" to stay, I don't see much point in staying in the UK. I rather tax reside in a more favorable country, for example you don't need to be in any scheme in HK when is 15% flat tax rate - simple!

[VisV]

They have already made tax evasion by individuals criminal , the next action would be to make tax avoidance and tax evasion are same . The usual HMRC's argument would be to look into to the spirit of law and make all tax avoidance criminal

[DotasScandal]

They certainly will not be holding your information at border control as you are not a criminal, luckily the system we have is too inefficient to be efficient at border control for non-criminal acts

Wait until they make you a criminal. Problem solved.

[creativity]

Im looking to move next year. I have done some research on this, if you want to escape from the taxman its possible but you will need to be stealthy. Im paying up then leaving as I am too easily traceable, however if you want to skip the debts you'll need to:
1) Tell no one you are leaving (other than immediate family)
2) Don't tell your neighbours you are leaving the country, give them an address in Cornwall
3) Do NOT fill in the P85 from HMRC
4) Close all accounts
5) Use a PO forwarding address and get family to retrieve post
6) Think STEALTH

Most debt cannot be legally pursued after a number of years. For example I have a debt of £318.00 from O2 from when I was a student (15 years ago), a debt collection agency has sent a letter every three months for the last six years and I just ignore it. They cannot pursue the debt so it just goes on forever, they have no recourse. The law is hazy here but I think its six years (without contact) and the debt is considered not legally enforceable, I read somewhere you should never engage because as soon as you do the debt collector can legally reengage as you have confirmed your identity.

As for HMRC debt - perhaps it runs forever? So its best they never find you, hence why you should leave no trace. Remember debt collection agencies need to sniff out you have left the country before they start requesting information from around the world. So the idea is to never let them get a sniff you have gone.

As for returning to the UK on holidays? No problem as long as you aren't working (i.e. paying/engaging HMRC). They certainly will not be holding your information at border control as you are not a criminal, luckily the system we have is too inefficient to be efficient at border control for non-criminal acts

I have heard of an Australian who racked up tens of thousands of debt with a spreadbetting company - then just returned to Australia. Its been seven years now and he still hasn't heard a squeak - and hes been back numerous times on holiday. That's a commercial debt and not an HMRC one though...

[MrsB1974]

Thoughts on leaving the UK without giving Hector a forwarding address at which to send an APN?

[DotasScandal]

Probably an excellent idea.