Tax question - How to minimise tax on a foreign job?

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Ted
Posts: 585
Joined: Tue Aug 29, 2006 9:02 pm
Location: Luanda, Angola

Post: # 87029Post Ted

I am resident outside the EU (I live in Angola) and have been for several years.

Although I used to be in the building trade, I now work in security. I have now been asked to provide security consultancy to a UK company. In my draft proposal, I have proposed that I visit the company's UK offices for six to eight weeks. I have requested that I should be provided with a fully furnished flat or hotel near the company's offices. If not, a car should be provided. I have asked for a maid, return flights, a few other comforts etc...

But now comes the question of payment... although you are in the building trade, I know pavingexpert.com members are generally keen to minimise their tax liabilities and quite savvy in this area.

I am quite tempted to simply ask the company to pay me in Angola. I don't think the Angolan authorities would even notice and they generally like money flowing into the country. But I want to get the money back to UK eventually. So what are the tax implications if I received this cash directly into a personal UK account?

Are there other clever ways to minimise any payment to the taxman?

lutonlagerlout
Site Admin
Posts: 15184
Joined: Fri Aug 04, 2006 12:20 am
Location: bedfordshire

Post: # 87030Post lutonlagerlout

there are many ways of tax avoidance ted,but its something that you and an IFA should talk about
there are many illegal ways ,but they lock you up for it
if you need to speak to a uk accountant give me a PM,
cheers LLL
"what,you want paying today??"

YOUR TEXT GOES HERE

Kuts
Posts: 307
Joined: Sat Mar 26, 2011 5:34 pm
Location: Grrrrrr

Post: # 87031Post Kuts

If you got run over would you use an ambulance? :laugh:

local patios and driveway
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Post: # 87033Post local patios and driveway

Who cares about the tax... You will get a maid? Awesome!

rimexboy
Posts: 916
Joined: Thu Aug 07, 2008 8:31 pm

Post: # 87035Post rimexboy

I say sub it out and make your money that way

ilovesettsonmondays
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Joined: Sat Aug 22, 2009 8:57 pm
Location: essex

Post: # 87036Post ilovesettsonmondays

You might as well sign on while your here too

higgness
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Location: ireland

Post: # 87037Post higgness

Who cares about the tax... You will get a maid? Awesome!

One of the best lines i have seen

higgness
Site Admin
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Joined: Mon Jan 30, 2012 8:10 pm
Location: ireland

Post: # 87038Post higgness

Ok I am worried now, I am a "labourer" ??????

Tony McC
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Location: Warrington, People's Republic of South Lancashire
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Post: # 87046Post Tony McC

You'll get another "promotion" when you reach 40 posts!

Alternatively, you can edit your membership profile and make summat up.
Site Agent - Pavingexpert

Carberry
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Location: Edinburgh

Post: # 87047Post Carberry


ilovesettsonmondays
Posts: 1071
Joined: Sat Aug 22, 2009 8:57 pm
Location: essex

Post: # 87049Post ilovesettsonmondays

Google ken Dodd .he will help you . In court he said a lot of accountants are comedians .but a comedian would never be an accountant lol x

bodgeitandscarper
Posts: 345
Joined: Tue Aug 07, 2007 9:23 pm
Location: Hereford

Post: # 87051Post bodgeitandscarper

ilovesettsonmondays wrote:You might as well sign on while your here too
Brilliant!
Maintenance Man

Kuts
Posts: 307
Joined: Sat Mar 26, 2011 5:34 pm
Location: Grrrrrr

Post: # 87060Post Kuts

ilovesettsonmondays wrote:You might as well sign on while your here too

Made me laugh :D

Ted
Posts: 585
Joined: Tue Aug 29, 2006 9:02 pm
Location: Luanda, Angola

Post: # 87064Post Ted

ilovesettsonmondays wrote:You might as well sign on while your here too
With the maid and all, it sounds good.

Unfortunately, I will have to fork out for professional advice. I always want to be able to return to UK so need to abide by UK law.

I thought this was a relatively simple question, but it turns out when HMRC is involved there is always a question mark that emerges somewhere...

LLL I have a tax advisor I just hate paying it... But I will just have to stomach it I guess...

GB_Groundworks
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Post: # 87066Post GB_Groundworks

the irony of getting a job as a professional adviser re security yet baulking at paying another professional adviser re tax :) hahahahah
Giles

Groundworks and Equestrian specialists, prestige new builds and sports pitches. High Peak, Cheshire, South Yorkshire area.

http://www.gbgroundworks.com

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