Posted: Thu Feb 07, 2013 10:08 pm
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?
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?
hahahahah