Remote contracting - move to a tax haven? - Contractor UK Bulletin Board

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BrilloPad replied

13 August 2019, 06:54
Originally posted by GreenMirror View Post

I do know of someone who has done this. You have to be very very careful how this is set up.

Strangely enough so do I.
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ladymuck replied

12 August 2019, 21:28
Originally posted by BR14 View Post

done that.
it gets old, very quickly.

Maybe, maybe not. Works for some, not all.
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BR14 replied

12 August 2019, 20:20
Originally posted by ladymuck View Post

I wouldn't bother about a tax haven but I would use the opportunty to travel and work in a number of different places.

done that.
it gets old, very quickly.
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ladymuck replied

12 August 2019, 20:13
I wouldn't bother about a tax haven but I would use the opportunty to travel and work in a number of different places. Just have to watch the time zones!
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highlandspring replied

11 August 2019, 20:51
if only

If I could I would move and live in Bermuda or another exotic location, there is no corporation tax, vat or income tax, but costs are very very high.

Sadly I need to be close to my clients as I often need to be on site in the UK, plus have kids at school here and so on.

Great opportunity though and worth going for it if you can.
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truffy replied

30 March 2019, 13:31
If you've got the skills to contract, you likely have the skills to freelance online as well and get a wider client base, always fancied Labuan myself in Malaysia
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SimonMac replied

4 March 2019, 12:29
Most agencies won't work with non England, Wales or Scotland Ltd Co
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Fred Bloggs replied

4 March 2019, 12:25
Originally posted by DkPowers View Post

Has anyone done this?

Got a long term IT contract that I can work remotely on. Wondering if its worth moving to a "tax haven" and living and working there? I have no reason to stay in the UK really. Where would be a good place to go? Jersey seems like it could be a good shout.

Isle of Man? Zero rate tax of corporation tax.
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GreenMirror replied

7 February 2019, 09:52
I do know of someone who has done this. You have to be very very careful how this is set up.
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malvolio replied

6 February 2019, 22:07
Have you got enough free cash to meet their residency rules? For example, can you generate enough income to pay £175k a year in taxes at 20%?
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LondonManc replied

6 February 2019, 18:09
Why move? The hassle of that must outweigh the benefits, especially when you're on-site again next time round.
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northernladuk replied

25 January 2019, 22:04
Yep. It's sucj a good idea everyone is doing it... Oh.. Hang on...
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DkPowers started a topic Remote contracting - move to a tax haven?

25 January 2019, 21:09
Remote contracting - move to a tax haven?

Has anyone done this?

Got a long term IT contract that I can work remotely on. Wondering if its worth moving to a "tax haven" and living and working there? I have no reason to stay in the UK really. Where would be a good place to go? Jersey seems like it could be a good shout.
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