That's tax avoidance, HMRC will come knocking and you'll end up having to pay 5 years tax in one chunk. Oh, plus penalties for not declaring you were avoiding t

That's tax avoidance, HMRC will come knocking and you'll end up having to pay 5 years tax in one chunk. Oh, plus penalties for not declaring you were avoiding tax! Here is the HMRC specifically warning against this exact scheme and telling you they will tax all your money later and fine you: https://www.gov.uk/government/publications/spotlight-26-contractor-loan-schemes-too-good-to-be-true/spotlight-26-contractor-loan-schemes-too-good-to-be-true https://www.gov.uk/government/publications/spotlight-26-cont... So definitely not in the UK.