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> I think you missed my point, which is you are legally unable to do this You missed my point, which is it's 100% legal to do this, it's not unreasonably diffi
by falsedan 10y ago
> I think you missed my point, which is you are legally unable to do this
You missed my point, which is it's 100% legal to do this, it's not unreasonably difficult to do this, and people do this right now.
> Small businesses operating in the UK are required to pay tax within the UK
So, incorporated in the Netherlands (or elsewhere) and do business there, but subcontract the work to yourself through a UK company that is paid stuff-all (to avoid income/corporate tax). Then take the profits as dividends.
> your SMB cannot take afvantage of the same complex legal structures
Individuals can take advantage of these loopholes; e.g. most media celebrities do work as an employee of an off-shore incorporated business. Heck, you can get them with a UK business and UK employee (sole trading/contracting), if you can show non-habitual employment (i.e. more than one employer).
- ownagefool 10y agoYou mean like this? http://www.dailymail.co.uk/news/article-4369558/Greed-bankrupted-Karen-Millen.html?ito=social-facebook http://www.dailymail.co.uk/news/article-4369558/Greed-bankru... The law is as such if the company or directed from the UK, then you have to pay UK tax. Further, most of us would simply be bankrupted defending yourself. You're peddling bad advice. I say this as someone who has had HMRC investigations against them.