The ‘official agreement’ between the Conservatives and Lib Dems, published earlier this month, hinted at a number of business and personal tax policies, due to be confirmed in the Emergency Budget taking place on 22nd June. Our contractors are a savvy bunch, and on the whole, appreciate that the UK needs to address its massive budget deficit and this will involve more taxes; however, fairness and clarity will be key.
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Wednesday, February 24th, 2010Offshore Partnerships – too good to be true?
What would you think if a man walked up to you in a pub and said that a UK person could work in the UK, providing his services to a UK client, and not have to pay any UK tax by simply routing the money through an offshore partnership? Â I would imagine you would think he was either a liar or a drunk! Do you agree?
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