Our valued sponsor

Recent content by gh71

  1. G

    Proper scheme

    Your domicile is the country you consider your permanent home, which can be different to country of birth or where you currently live. However if you move to a country with the intention of staying there permanently, that could change your domicile to that country. If you wish to claim...
  2. G

    Proper scheme

    I would choose UK/London non domiciled as it’s a great place to live as a foreigner, not feeling like an outsider. Especially if you have a chunk of money that you bring with you when you move there to live off for a few years, if could then be tax free if you keep all your income abroad...
  3. G

    Question When is offshore worth it?

    If I were you and didn’t want to leave the country, I’d keep the money in the UK company and pay myself a tax efficient salary/dividend of 50K (basic rate tax) or 100K if needed (before personal allowance gets reduced). If YouTube revenue dries up you will be able to continue paying yourself 50K...
  4. G

    Buy property in UK to open personal bank account

    If you're from outside the EU, you could try a Barclays UK International account for non-residents, but there's a minimum £25K balance, and you might need an introduction letter declaring good standing from a current bank of yours. If you're on this list it will be hard...
  5. G

    Non-dom UK resident clean capital, income and tax planning

    Barclays (they do banking for <5M non-doms in IoM and managed investments in Jersey). It's probably not going to make much difference at that level, but useful to do in order to fully understand the possibilities and future options, in my opinion. The security in investment based loan I...
  6. G

    Non-dom UK resident clean capital, income and tax planning

    Hi there, if you wish to keep funds and investments offshore and claim on remittance basis, it's probably best to use institutions that regularly deals with non-domiciled UK residents, for example Barclays IoM (banking) and Jersey (investment). They will ensure that dividend and capital gains...