Recent content by A Rebours

Thanks for this insight

I've done my maths on Excel and if the overall company revenue is low (which could be for this year), salary give you a much lower overall payout.

Hi there! You mean a normal business account, not as expensive as one for an IBC? Because I've read that if most of your income and business dealings will be from abroad, you'll always be seen as an IBC?

I'm not surprised, given the costs of normal banks. A taster of Hellenic... https://www.hellenicbank.com/-/media/hbc/charges/charges-in-effect/ibu-and-shipping-valid-from-01042025.pdf

Hello! I've had a read at a few topics, but couldn't find a clear answer. I'm an EU passport holder who's in the process of moving my tax residency to Cyprus. - I've managed to open a personal bank account as an international customer with Hellenic Bank also thanks to a friend who works...

I wouldn't even need it "international", just for Cyprus.

If the private health insurance is A FEW thousand euros (5k? or more), I'm better off with salary, as the 26% is proportional to the salary I'm paying myself, which is otherwise tax free until 19k a year, I believe?

Hello as I've started to get things in motion for my move to Cyprus. I wasn't exactly pleased with learning that my future company, as an employer of myself, will have to pay 26% of employer's tax on what it pays me as a salary. Considering also that accountants charge specifically for payroll...

Marzio, what about software development and publishing for software that I mostly develop and publish myself? I am a developer and publisher with my own apps.

Very useful and very well laid out. As a leaver, I think I should be able to have only 2 ties: a) more than 90 days in the previous 3 years b) accommodation tie (I tend to stay at a friend's during the summer, my current address) According to that table, I should be able to be in the UK for up...

I don't plan on using the UK Ltd anymore. I'd like to put it dormant and close its bank account. By this day and age a business account can be opened so easily, I don't really see the value of keeping the one with a traditional bank that I have. Also, I'll have a British passport, in case of return.

Thank you both @Liam13 and @jkl197 ! I am the sole shareholder of the UK limited company, yes. I have no property in the UK. I'm definitely going to spend more than 10 days a year in the UK, I mean tourism is still allowed right? What happens to ISAs, which are tied to being a tax resident in...

Hello! I'm currently in Cyprus for a few weeks and looking to leave the UK and move my tax residence to Cyprus. I work as a consultant from my UK Ltd, which I plan to stop doing and start doing through a Cyprus Ltd I'll open. I was wondering with what timeframes should I - open a limited...

Hello! I have a plan to move form the UK to Cyprus and I'd very much appreciate if you could test it : ) Myself: - EU passport holder, haven't been tax resident in the country since 2015 - Resident in the UK since 2015, got UK as second nationality last year - Working as a freelance business...