Offshore Account-tax benefits
#1
Just Joined
Thread Starter
Joined: Jan 2009
Posts: 1
Offshore Account-tax benefits
I am a bulgarian who works
as a self-employed doctor in UK.I use an intermediary limited offshore
company which is based in Isle of Man and which transfers my money back to
UK bank account.I would like to ask you whether I would derive any tax
benefit if I opened an offshore bank account in Isle of Man bank and start
receiving my money in it and not back in UK.I would also like to specify
that I work as a locum doctor in UK,I have been here for two months,I don`t
intend to work here for a long time and have not a permanent address in
UK.So I think I don`t conform to the definition `resident`.
as a self-employed doctor in UK.I use an intermediary limited offshore
company which is based in Isle of Man and which transfers my money back to
UK bank account.I would like to ask you whether I would derive any tax
benefit if I opened an offshore bank account in Isle of Man bank and start
receiving my money in it and not back in UK.I would also like to specify
that I work as a locum doctor in UK,I have been here for two months,I don`t
intend to work here for a long time and have not a permanent address in
UK.So I think I don`t conform to the definition `resident`.
#2
Joined: Mar 2007
Posts: 10,551
Re: Offshore Account-tax benefits
I am a bulgarian who works
as a self-employed doctor in UK.I use an intermediary limited offshore
company which is based in Isle of Man and which transfers my money back to
UK bank account.I would like to ask you whether I would derive any tax
benefit if I opened an offshore bank account in Isle of Man bank and start
receiving my money in it and not back in UK.I would also like to specify
that I work as a locum doctor in UK,I have been here for two months,I don`t
intend to work here for a long time and have not a permanent address in
UK.So I think I don`t conform to the definition `resident`.
as a self-employed doctor in UK.I use an intermediary limited offshore
company which is based in Isle of Man and which transfers my money back to
UK bank account.I would like to ask you whether I would derive any tax
benefit if I opened an offshore bank account in Isle of Man bank and start
receiving my money in it and not back in UK.I would also like to specify
that I work as a locum doctor in UK,I have been here for two months,I don`t
intend to work here for a long time and have not a permanent address in
UK.So I think I don`t conform to the definition `resident`.
Last edited by Ka Ora!; Jan 28th 2009 at 3:43 pm.