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Recent content by manukahoney

  1. M

    ‘Petrified’ non-doms poised to flee UK over Labour’s tax plans

    Exactly why it's not happening. The left are relying on the votes from immigrants and exit tax will be hugely unpopular amongst them.
  2. M

    Stay in Dubai or move to Switzerland

    Generally not worrying about reporting your income is very refreshing.
  3. M

    ‘Petrified’ non-doms poised to flee UK over Labour’s tax plans

    Exactly. Why trigger the mass exodus of potential tax payers when you can just tax their next of kin when they die?
  4. M

    ‘Petrified’ non-doms poised to flee UK over Labour’s tax plans

    Again, doubt it. Most significant changes in the UK laws are announced and discussed beforehand and when implemented have a grace period, sometimes years.
  5. M

    ‘Petrified’ non-doms poised to flee UK over Labour’s tax plans

    Doubt it. It's extremely easy to obtain a second citizenship for British fat cats and many of them already have other passport. They actually tax non-residents now (inheritance tax).
  6. M

    UAE - 2024 - And now, what?

    You need another accountant then. There are some companies that advertise on this forum.
  7. M

    UAE - 2024 - And now, what?

    https://tax.gov.ae/DataFolder/Files/Guides/CT/Small%20Business%20Relief%20Guide%20-%20EN%20-%2027%2008%202023.pdf Generally speaking - 0 tax til 2026. You need to apply for a small business relief though and keep papers in order.
  8. M

    UAE - 2024 - And now, what?

    Generally speaking: 1) there is little difference now between FZCO and mainland companies, except it's easier to have a proper substance for a mainland company (very cheap office in the outskirts, very cheap stuff if needed), so banking is much easier done for mainland. 2) there is VAT and...
  9. M

    Salvador offers citizenship to 5,000 highly skilled foreigners

    If they got the citizenship, adopted local culture and values and contribute to society - I will call them Brits. They will never be Englishmen or Scotts, but being British does not require you to be born on British soil.
  10. M

    Salvador offers citizenship to 5,000 highly skilled foreigners

    Not arguing that the UK is slowly? becoming a shithole, but you should stop boiling in the confirmation bias. There were always juicy areas that were unsafe to visit (despite being 99.99% white) and there are ares that are absolutely fine. And that goes to every country, even Dubai. Migration is...
  11. M

    Do you buy cryptocurrency when it's at a high, like now?

    So is any asset. Your US dollar in 2024 is worth about half of what US dollar was in 2000. Value only makes sense when comparing with other assets and in long term BTC is performing surprisingly well. They are non necessarily scam, but the whole market is built in a way when you need to raise...
  12. M

    Do you buy cryptocurrency when it's at a high, like now?

    It's a bubble that is not pretending to be anything else. And for that I respect it, BTC is the only currency in the world that is backed only by the trust and the greed of the network participants. Every other currency is backed by the false promises and nothing more. For that I will always...
  13. M

    Tax strategies for 2024, new game?

    It's like the worst of British NHS and a typical southern healthcare system - they both make you wait for ages and then treat everything with ibuprofen and at the same time it's full of bored retirees who have nothing better to do than spending time in the hospital. Never used ER, so have...
  14. M

    Tax strategies for 2024, new game?

    Cyprus is OK It has all the pros of a proper tax base including very reasonable taxation both on corp and personal level, non-dom, local laws are reminiscent of English law, food, nature and climate are OK, there are some proper schools and some entertainment. It also has all the cons of a tax...
  15. M

    UK non-dom regime will be abolished

    Unless new Labour government abolishes it completely, which was their promise al along.