Archive for the 'News & Comment' Category

HOW THE RICH STAY RICH

Posted on August 21 2009 by Admin Manager

So you have a successful business and you are making profit but how can you enjoy the benefit of your hard work without seeing it all go to the Taxman?
A Cyprus Company from €700* might be the answer.

10% corporation tax; one of the lowest rates in the EU

No withholding tax on dividends paid to [...]

ARE YOU A TAX CHUMP, CHEAT, OR CHAMP?

Posted on August 21 2009 by Admin Manager

“The only things in life that are certain is death and taxes”; but not if you’re rich!  Only 15% of the rich pay paying tax on their earnings.
Tax Cheats will make false declarations, on their tax returns or maybe don’t declare anything at all.
A Tax Chump can’t be bothered to review the amount of tax [...]

SIZE DOES NOT MATTER: Small business can enjoy the same tax planning as big business

Posted on August 21 2009 by Admin Manager

UK individuals who do not declare income that is held in foreign bank accounts are breaking the law. Her Majesty’s Government recently paid £100,000 for information about Liechtenstein bank accounts held by UK individuals.
However, the same does not necessarily apply to UK companies:  Some of the UK’s biggest companies use complex and secretive but perfectly [...]