doing tax schemes on the Isle of man .. good idea or not ...?

[messiah]

doing tax schemes on the Isle of man .. good idea or not ...?

u know the trust fund option ........

u reckon its good or do you reckon you'll just get burned in the future ?

[Commonwealth Contractors]

Umbrella co

Hi

I think that the inland revenue is not very happy about trust funds anymore so may not be a good idea and you MAY have to pay the outstanding tax. If you want to look at other onshore options then you could try info@commonwealth contractors.com who can give you free advice.

[Rebecca Loos]

it's a perfectly good idea as long as you either:
- keep some cash in case HMRC lands you with a large tax bill
- are ready to move out of the UK at a few months notice

that's what I do. Since what is legal now might be illegal in the future and HMRC are allowed to retrospectively change the rules, you have to have a backup plan like that

Not suitable for everyone, of course.

[malvolio]

Well said, Rebecca; nice to know someone's been listening!

[Mordac]

>- are ready to move out of the UK at a few months notice

That's if you get a few months notice...

[boredsenseless]

Hi

I think that the inland revenue is not very happy about trust funds anymore so may not be a good idea and you MAY have to pay the outstanding tax. If you want to look at other onshore options then you could try info@commonwealth contractors.com who can give you free advice.

[Commonwealth Contractors]

????

I don't understand why it is spam. I am open about where I come from and gave some advice. Sorry if that offended you.

[Churchill]

I don't understand why it is spam. I am open about where I come from and gave some advice. Sorry if that offended you.

Don't worry about it, he's boredsenseless...