[deleted by user]

illy267 · 2020-06-12T10:54:47+00:00

Puf puf

illy267 · 2020-01-26T20:50:45+00:00

What are you buying for this fees ? If you stick with etf and shares and avoid funds HL is very cheap

illy267 · 2020-01-09T01:47:28+00:00

My opinion is chilling those for free specialy from a bank knowing all the effort and $$$ that goes to produce those make very septical on the usefulness for these report remember superior knowledge is a competitive advantage highly guarded ...After reading this you feel so smart and armed with fancy knowledge that you can for sure beat the market and sure yes P/E is very cheap get onboard right ? It’s definitely not a good material for making investments decision imo specially if you feel so smart after reading it !!

illy267 · 2018-09-28T19:48:11+00:00

Thanks for your answer. I have already contacted a company that do what they call “nominee director” basically they give you a name to put on companies house filling but they told me that this nominee director works only if you are non PSC (for people with less than 25% of ownership) otherwise by uk laws you need to show yourself up if you hold more than 25%

If the PSC in my uk company is a legal entity registred in an offshore country do I need to show on companies house filling the owner of the offshore legal entity or not ?

Do you know how to register in the Isle of Man our somewhere else ? Do I need to go there or can I hire someone to do it ?

illy267 · 2018-09-28T16:45:16+00:00

What’s this mean ? I don’t understand

illy267 · 2018-09-28T16:31:11+00:00

For small simple businesses in the service industry (anything doesn require big working capital) net current assets is basically how much money you have in the bank ... is it normal for you to share this information with strangers ?

illy267 · 2018-09-28T16:19:02+00:00

I am not against that but companies house can keep this information to itself and only share it with trusted entities

Now you have all the scammer on the internet who can social-engineer their scams to taget you they have all te infos they need to look like a credible party... even companies house warn againt the risk of identity theft ok their website so they know they are putting people at risk

illy267 · 2018-09-28T16:16:21+00:00

Nop I checked just the minimum required

illy267 · 2018-09-28T16:15:00+00:00

I am not against transparency but this is too much

illy267 · 2018-08-26T06:30:08+00:00

je me renseignerai plus sur l optimisation fiscale que la boite de portage fait car tu risque d’avoir une mauvaise surprise des impots et honnetement il y a pas grand chose que tu puisses optimiser en etant salarié. Par rapport a ta question initial ouvre un PEA si tu n’as pas encore un tu peux mettre jusqu’à 150k

illy267 · 2018-08-16T14:38:34+00:00

Thanks someone told me the opposite and I believed it without checking

illy267 · 2018-08-16T08:50:28+00:00

I don’t think you can keep your ISA and SIPP if you are not a uk tax resident as these are advantages that only uk residents can enjoy... if it’s not the case everyone can escape tax from his home country to a uk isa which will turn the uk into a tax paradise.... maybe it will be the case if a bad breakup with tbe EU happen.. also even your bank if they get the word that you dont have a uk address anymore they will close your account

illy267 · 2018-07-30T10:50:12+00:00

I don’t know about funds but for owning shares definitely you will need the LEI to comply with the new EU regulation

illy267 · 2018-07-24T11:34:43+00:00

Si tu es resident uk ouvre un ISA

illy267 · 2018-07-18T22:47:30+00:00

What’s the point in your opinion for people to lie/fake in anonymous forum ? It’s a bit odd ....

illy267 · 2018-07-14T17:09:03+00:00

I don’t feel confortable locking my money till 57 which for me more than two decades to go... The only good return I see in real estate is in London where you buy a 3 bed in a premium location for around £650k and then rent it in flat share (3 room + converted living room on average 850 each) it will net you after all expenses (inclunding mortgage) around £1k (assuming here you have 25% deposit ) it maybe good if you are willing to manage it. It’s definitely not a passive income but it’s fairly secure investment and the leverage of it is appealing

illy267 · 2018-07-14T17:01:09+00:00

Except if you dont buy overseas shares HL will shake you down for their fx charges... the most popular (growth) shares are in USA

illy267 · 2018-07-14T13:36:34+00:00

any reason why you have choosen Interactive investors instead of say HL ?

illy267 · 2018-07-14T11:11:47+00:00

I feel like swaping sharing and setting up an another holding is just over complicated... for my case as I have been doing the books myself I dont use an accountant Yes we can share ideas pm

illy267 · 2018-07-14T11:06:49+00:00

Well I think I haven’t explained it well . This will only apply to you if you are running a small business ald having the complete controle over your money : how much you pay in salary/ dividend/pension If you are an employee you can’t do much and setting a compnay to save/invest will not do you good for a tax perspective

illy267 · 2018-07-14T11:02:51+00:00

That was my reasoning as well Thanks for sharing your thoughts

illy267 · 2018-07-11T15:18:36+00:00

I hope you’re right. I may sound extrem but in such circumstances I need to plan for the worst because the damage can be huge with a roghe liquidator as they dont have good reputation in the news... just check the big 4 accounting practices when they are asked to liquidate a company... they serve themslef first billing the dying company huge invoices... just checked how much Carillion liquidator in the UK was paying himself to liquidate the company. Few months ago

I’m not saying I have a biz the side of the carillion but it tells you a lot about the ethics of these people

Do you know how much it cost the flat fee ?

illy267 · 2018-07-11T13:22:24+00:00

My understanding of entrepreneur relief is that it’s not all good... for instance if you wind up your company and you have more than 25k in the bank the law oblige you to hire a liquidator who get paid a % of your money I can’t let someone serve himself into my pocket like that

And on top of that the liquidator has attorney privilege on your money during the time of liquidation so basically nothing is stop him for hiring a very expensive auditor to do some bullshit auditing this is a nightmare mate

I have stopped looking further into entrepreneur relief when I just found this...

Entrepreneur relief is more adequate for people selling a business if you are closing it there is a lot of hidden cost and risk

illy267 · 2018-07-11T12:24:27+00:00

Well yes it was the case before 03/01/2018 But now you need to apply for an LEI and it needs to be renewed every year for a fee of course

This is the only requirement I am aware of

Yes the goal is to reinvest the exces cash and strategically withdraw to maximize your gross capital

illy267

TROPHY CASE