I am not an Irish citizen. Can move to Ireland straight away with no issues but as far as I understand I will have to pay Irish tax on my Irish income which in my case is almost all of my income. I am struggling to see any benefits. I might be wrong tho.
The UK non-domicile resident scheme from...
Thanks for taking the time to answer. I'm familiar with that approach. There was a big scandal in the UK with a famous stand up comedian - Jimmy Carr, involved in a similar scheme.
I have already paid 12.5% tax, I'd rather use more consrvative approach that's not seen as tax avoidance.
Hello everyone,
I'm an EU national, UK resident. Got an Irish Ltd with 6 figures in profits. Corporation tax paid. What would be the most efficient way to cash out? I'm not in a hurry just wanna know what are my options? Thought the best way would be to move to a country that doesn't tax...
I'm not familiar with the laws in these counties, I'm afraid. So I can not advice if you do it with your company, based, I assume in Lithuania, but if you operate with a UK company and the goods are zero rated for vat purposes in the UK, you can do it.
Some hotel in Turkey maybe? They offer “ultra all inclusive" for as low as 70 usd a day to up to several hundreds. 24 hours food and drinks. You have everything inside the resort, don't have to leave the premises. From several restaurants, clubs, tennis court, golf, pool, sauna, you name it. You...
Can be done. But depends where you're buyung from /selling to... I do something like that in the UK 100% legal, tax wise. There might be some IP exhaustion rights issues tho, depends. But not your problem anyway...
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