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Tips on not paying so much tax.?
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By (user no longer on site) OP
over a year ago
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We work for ourselves and paying loads .. Maybe set up more offices Wish I could say to other half now do this and that save 1000s . lol We do have people do things to help we pay but I think there must be other ways.  |
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"We work for ourselves and paying loads .. Maybe set up more offices Wish I could say to other half now do this and that save 1000s . lol We do have people do things to help we pay but I think there must be other ways. "
I'm sorry but for someone quite obviously very comfortably off to ask that in a public forum, where others will be struggling to survive on benefits is distasteful to say the least.  |
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By (user no longer on site) OP
over a year ago
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"Earn less! 
The best way to pay less tax is to have a lower income!
A"
NO we need to expand and doing that as have 3 of our kids in this too and staff .. maybe give them part of companies .  |
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By *bi HaiveMan
over a year ago
Forum Mod Cheeseville, Somerset |
"We work for ourselves and paying loads .. Maybe set up more offices Wish I could say to other half now do this and that save 1000s . lol We do have people do things to help we pay but I think there must be other ways.
I'm sorry but for someone quite obviously very comfortably off to ask that in a public forum, where others will be struggling to survive on benefits is distasteful to say the least. "
Why? 
It's as valid a question as someone on benefits asking for advice on how to ensure they're getting all they're entitled to!
Jo - get a good accountant. There are many perfectly legal (and morally correct) ways to ensure you only pay what is due - it'll be money well spent.
A |
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By (user no longer on site)
over a year ago
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"We work for ourselves and paying loads .. Maybe set up more offices Wish I could say to other half now do this and that save 1000s . lol We do have people do things to help we pay but I think there must be other ways.
I'm sorry but for someone quite obviously very comfortably off to ask that in a public forum, where others will be struggling to survive on benefits is distasteful to say the least. "
I don't see why. We are all different in here and she is only asking advice. Some people ask for help with housing benefit enquiries so why shouldn't she ask about tax saving ? |
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By *bi HaiveMan
over a year ago
Forum Mod Cheeseville, Somerset |
"Earn less!
The best way to pay less tax is to have a lower income!
ANO we need to expand and doing that as have 3 of our kids in this too and staff .. maybe give them part of companies . "
I was kidding!
See the post above.
Good luck!
A |
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By (user no longer on site)
over a year ago
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"We work for ourselves and paying loads .. Maybe set up more offices Wish I could say to other half now do this and that save 1000s . lol We do have people do things to help we pay but I think there must be other ways. "
My ex is a tax consultant - a bloody good one! If I had a few million he's the first person i'd trust with it. If you want to number of his company, pm me guys! Xx |
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By *oo hotCouple
over a year ago
North West |
"We work for ourselves and paying loads .. Maybe set up more offices Wish I could say to other half now do this and that save 1000s . lol We do have people do things to help we pay but I think there must be other ways. "
There used to be a good wheez that HSBC were running out of Switzerland but that is all over now. Nice Iron eee
Only one biter so far though. Keep up the good work, this place needs lightening up sometimes. |
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By (user no longer on site) OP
over a year ago
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"Employ a good accountant. beat me to it......
"
Well maybe we need to change him as need new blood can help . Family thing so I like to look at ways of helping them .. I do read stuff here on the net and get him to ask them if it will help us. |
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"We work for ourselves and paying loads .. Maybe set up more offices Wish I could say to other half now do this and that save 1000s . lol We do have people do things to help we pay but I think there must be other ways.
I'm sorry but for someone quite obviously very comfortably off to ask that in a public forum, where others will be struggling to survive on benefits is distasteful to say the least. "
what sort of arbitrary level of income/wealth would you deem appropriate before people ask for advice..?
and do you apply the same criteria across the board, are 'pretty people' not allowed to have an off day perhaps..? |
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By (user no longer on site) OP
over a year ago
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"We work for ourselves and paying loads .. Maybe set up more offices Wish I could say to other half now do this and that save 1000s . lol We do have people do things to help we pay but I think there must be other ways.
There used to be a good wheez that HSBC were running out of Switzerland but that is all over now. Nice Iron eee
Only one biter so far though. Keep up the good work, this place needs lightening up sometimes."
well we pay out so much and you think we must be in a good place .. no we have bills and big ones. |
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By (user no longer on site)
over a year ago
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"We work for ourselves and paying loads .. Maybe set up more offices Wish I could say to other half now do this and that save 1000s . lol We do have people do things to help we pay but I think there must be other ways.
I'm sorry but for someone quite obviously very comfortably off to ask that in a public forum, where others will be struggling to survive on benefits is distasteful to say the least. "
I dunno.....my money atm is absolute shite...doesent fuss me folk are on a lot more, not of they earned it....
Be like begrudging someone on the same street for having a bigger house or better car than me...
If I want to earn top money, it's up to me to go and earn it.... |
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By (user no longer on site) OP
over a year ago
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"We work for ourselves and paying loads .. Maybe set up more offices Wish I could say to other half now do this and that save 1000s . lol We do have people do things to help we pay but I think there must be other ways.
I'm sorry but for someone quite obviously very comfortably off to ask that in a public forum, where others will be struggling to survive on benefits is distasteful to say the least.
Why?
It's as valid a question as someone on benefits asking for advice on how to ensure they're getting all they're entitled to!
Jo - get a good accountant. There are many perfectly legal (and morally correct) ways to ensure you only pay what is due - it'll be money well spent.
A"
Well I think he needs to look into that so he can stop moaning and feeling he is being ripped off .. xx |
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By (user no longer on site)
over a year ago
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"We work for ourselves and paying loads .. Maybe set up more offices Wish I could say to other half now do this and that save 1000s . lol We do have people do things to help we pay but I think there must be other ways.
I'm sorry but for someone quite obviously very comfortably off to ask that in a public forum, where others will be struggling to survive on benefits is distasteful to say the least. "
Knew it wouldn't take long for that spin to be put on it.
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By (user no longer on site) OP
over a year ago
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"We work for ourselves and paying loads .. Maybe set up more offices Wish I could say to other half now do this and that save 1000s . lol We do have people do things to help we pay but I think there must be other ways.
I'm sorry but for someone quite obviously very comfortably off to ask that in a public forum, where others will be struggling to survive on benefits is distasteful to say the least.
I dunno.....my money atm is absolute shite...doesent fuss me folk are on a lot more, not of they earned it....
Be like begrudging someone on the same street for having a bigger house or better car than me...
If I want to earn top money, it's up to me to go and earn it.... "
my lot work so hard and its not easy job . And I wish them all to do well . x |
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By (user no longer on site) OP
over a year ago
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"We work for ourselves and paying loads .. Maybe set up more offices Wish I could say to other half now do this and that save 1000s . lol We do have people do things to help we pay but I think there must be other ways.
I'm sorry but for someone quite obviously very comfortably off to ask that in a public forum, where others will be struggling to survive on benefits is distasteful to say the least.
Knew it wouldn't take long for that spin to be put on it.
"
Well I was hopping for some tax saving tips that's all .. I ask the forum loads why not this . |
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By (user no longer on site)
over a year ago
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"We work for ourselves and paying loads .. Maybe set up more offices Wish I could say to other half now do this and that save 1000s . lol We do have people do things to help we pay but I think there must be other ways.
I'm sorry but for someone quite obviously very comfortably off to ask that in a public forum, where others will be struggling to survive on benefits is distasteful to say the least.
I dunno.....my money atm is absolute shite...doesent fuss me folk are on a lot more, not of they earned it....
Be like begrudging someone on the same street for having a bigger house or better car than me...
If I want to earn top money, it's up to me to go and earn it.... my lot work so hard and its not easy job . And I wish them all to do well . x"
And so they should, you get out what you put in......I say good on them, and you for earning your money
Just wish I had some tax advise for ya...but all mine would be illegal or useless.
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By (user no longer on site) OP
over a year ago
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"As others have said...a good accountant....I would assume that you have an accountant already so if you don't think you are making the most of your earnings maybe it's time to find another one."
I am saying this as its time he did .. Been with other years and years ..
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"As others have said...a good accountant....I would assume that you have an accountant already so if you don't think you are making the most of your earnings maybe it's time to find another one. I am saying this as its time he did .. Been with other years and years .. "
We have been with out accountants for over 90 years now and their business has changed, its left us behind.
Can you keep your existing and employ another one?
Get two opinions then.
By the way did you see my first reply to this thread, can you do what I suggested? |
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By *oo hotCouple
over a year ago
North West |
"Employ a good accountant. beat me to it......
Well maybe we need to change him as need new blood can help . Family thing so I like to look at ways of helping them .. I do read stuff here on the net and get him to ask them if it will help us."
If you are being genuinely serious asking this on here then you really need to change your Accountant. No-one can give you advice without knowing your structure and turnover.
Minimising your tax exposure is the most basic function of your Accountant. |
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By (user no longer on site) OP
over a year ago
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"We work for ourselves and paying loads .. Maybe set up more offices Wish I could say to other half now do this and that save 1000s . lol We do have people do things to help we pay but I think there must be other ways.
I'm sorry but for someone quite obviously very comfortably off to ask that in a public forum, where others will be struggling to survive on benefits is distasteful to say the least.
I dunno.....my money atm is absolute shite...doesent fuss me folk are on a lot more, not of they earned it....
Be like begrudging someone on the same street for having a bigger house or better car than me...
If I want to earn top money, it's up to me to go and earn it.... my lot work so hard and its not easy job . And I wish them all to do well . x
And so they should, you get out what you put in......I say good on them, and you for earning your money
Just wish I had some tax advise for ya...but all mine would be illegal or useless.
"
You never know whos on the forums ... I was sitting here thinking oooo is there some one out there . lolol god you can live in hope .  |
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By (user no longer on site) OP
over a year ago
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"Employ a good accountant. beat me to it......
Well maybe we need to change him as need new blood can help . Family thing so I like to look at ways of helping them .. I do read stuff here on the net and get him to ask them if it will help us.
If you are being genuinely serious asking this on here then you really need to change your Accountant. No-one can give you advice without knowing your structure and turnover.
Minimising your tax exposure is the most basic function of your Accountant. "
I was yes . But its get new Accountant as with most things there must be good ones. Its Knowing who is really . |
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By (user no longer on site) OP
over a year ago
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"Register your business in Gibralta and cut down on your UK propertycan you do that ?
Yep, you have to tick certain _oxes, but an accountant can advise further"
I see well I am not looking to go to jail do nothing wrong just putting it back in business for family not the tax man . |
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"tax avoidance is "barely" legal.... tax evasion is illegal...."
I wouldn't take the advise of people on a swinging forum. You need a qualified accountant who is up to date on tax law. I could say ways that I think you could minimise tax but then i am rusty on tax and can't remember which methods are legal (plus it would be highly unprofessional of me to advise ) |
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"Register your business in Gibralta and cut down on your UK propertycan you do that ?
Yep, you have to tick certain _oxes, but an accountant can advise further I see well I am not looking to go to jail do nothing wrong just putting it back in business for family not the tax man . "
Jail? Your guessing arn't you?
Like I said speak to your accountant, see what he says.
For all I know you might have property in Spain or your looking at getting some.
That might come into play. |
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By (user no longer on site) OP
over a year ago
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"tax avoidance is "barely" legal.... tax evasion is illegal....
I wouldn't take the advise of people on a swinging forum. You need a qualified accountant who is up to date on tax law. I could say ways that I think you could minimise tax but then i am rusty on tax and can't remember which methods are legal (plus it would be highly unprofessional of me to advise )"
over the years had some real help off here ... I know its just i don't just see it as a swing site . lol as a lot don't swing alot just chat. And i know very little about this. |
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"tax avoidance is "barely" legal.... tax evasion is illegal....
I wouldn't take the advise of people on a swinging forum.
She made a thread asking for tips though, thats why we have replied."
Yes you can help with tips based on past experience or recommendations of people to speak to but that's just it. How is the OP to know who is qualified to give such advise?
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By (user no longer on site)
over a year ago
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Hello Fabio,
"tax avoidance is "barely" legal.."
That is an irrational statement, it is legal, some consider it immoral but that's a point of view. (Which I don't agree with)
I'm also sick and tired of hearing politicians saying that an extra tax on such and such is fair. No it's not, and particularly when it's often a tax on assets acquired with income that has already been taxed.
It's time that the governments and councils concentrated on saving the vast amount of wasted money under their control.
Alec
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By (user no longer on site) OP
over a year ago
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"tax avoidance is "barely" legal.... tax evasion is illegal....
I wouldn't take the advise of people on a swinging forum.
She made a thread asking for tips though, thats why we have replied.
Yes you can help with tips based on past experience or recommendations of people to speak to but that's just it. How is the OP to know who is qualified to give such advise?
"
I don't but if something come up i can ask other half see what he say . He may say ooooooooo no .... or how the hell did you think of that , lol |
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"tax avoidance is "barely" legal.... tax evasion is illegal....
I wouldn't take the advise of people on a swinging forum. You need a qualified accountant who is up to date on tax law. I could say ways that I think you could minimise tax but then i am rusty on tax and can't remember which methods are legal (plus it would be highly unprofessional of me to advise ) over the years had some real help off here ... I know its just i don't just see it as a swing site . lol as a lot don't swing alot just chat. And i know very little about this. "
Sorry I didn't mean because it's a swing site you shouldn't ask, just that I would research this kind of thing through an accountancy forum maybe. Then you are more likely to get professional advice! |
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By (user no longer on site) OP
over a year ago
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"tax avoidance is "barely" legal.... tax evasion is illegal....
I wouldn't take the advise of people on a swinging forum. You need a qualified accountant who is up to date on tax law. I could say ways that I think you could minimise tax but then i am rusty on tax and can't remember which methods are legal (plus it would be highly unprofessional of me to advise ) over the years had some real help off here ... I know its just i don't just see it as a swing site . lol as a lot don't swing alot just chat. And i know very little about this.
Sorry I didn't mean because it's a swing site you shouldn't ask, just that I would research this kind of thing through an accountancy forum maybe. Then you are more likely to get professional advice!"
you just never know we may have 1 or 2 here into this ... I get mail from all sorts i really do i even had a man mail into F1 racing i was thinking no way he is. lol.. XX |
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"But get a shit hot accountant yes maybe that's it ... And fab face pic again miss . xx"
You may need to spend a few extra quid and avoid divulging financially information on here even via PM get good professional advice. |
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By (user no longer on site) OP
over a year ago
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"But get a shit hot accountant yes maybe that's it ... And fab face pic again miss . xx
You may need to spend a few extra quid and avoid divulging financially information on here even via PM get good professional advice. "
Yes ok ... We do get all sorts here don't we. So far only been taken for a mug ones but that was a real learning thing and was not money. Just my pride. xx |
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Honestly x as long as you're not interested in aggressive tax avoidance , you can pretty much tax plan without an accountant it's all there on good old Google xx I would assume you have limited companies and pensions if not well there's your start point |
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By (user no longer on site)
over a year ago
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"We work for ourselves and paying loads .. Maybe set up more offices Wish I could say to other half now do this and that save 1000s . lol We do have people do things to help we pay but I think there must be other ways. "
Shop around for a decent accountant. If something is suggested that sounds too good to be true, it probably is! |
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As someone said Register your business in Gibraltar, we once had accounts in Tenerife but Customs & the IRS done a sweep of all accounts on the island so that stopped us farting in church.
Get a good accountant, start another business which on paper leaks money but in hard cash don't, we had to move our sites to the States when ATVOD introduced stealth taxes for download sites etc.
You also get tax relief when paying amounts to charities |
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By *andS66Couple
over a year ago
Derby |
"We work for ourselves and paying loads .. Maybe set up more offices Wish I could say to other half now do this and that save 1000s . lol We do have people do things to help we pay but I think there must be other ways.
I'm sorry but for someone quite obviously very comfortably off to ask that in a public forum, where others will be struggling to survive on benefits is distasteful to say the least. "
What a stupid thing to come out with. |
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By (user no longer on site) OP
over a year ago
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"Employ a good accountant.
that indeed is the answer.. Mine saved me 400 pounds and cost me 200  "
That's really good it just shows they can help if good at there job. x |
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