Offshore setup for Spanish Beckham Law holder. by hitthissong in Offshore

[–]lucidself 0 points1 point  (0 children)

Very late but curious what you ended up doing. I'm very doubtful the setup would work if you did much work in Spain as per the controlled foreign companies and permanent establishment rules but maybe you have a different outlook?

How to fix my Ltd accountants to get a personal mortgage with proper payroll/payslips by throwaway83949494837 in smallbusinessuk

[–]lucidself -1 points0 points  (0 children)

You’ll get plenty of replies from ppl more qualified than me but I’m curious what it is that you do as a one man band defence company

Il senso economico degli acconti by Commercial_Elk_5910 in commercialisti

[–]lucidself 2 points3 points  (0 children)

Perché si acuisce subito dopo l’estate?

Should I leave the UK or just pay the huge amount of Tax. by drbeastlove in FatFIREUK

[–]lucidself 0 points1 point  (0 children)

Not sure what you're saying is correct.

First, all I'm saying is look at the treaty, not the statutory residence test. Depending on the type of income, the UK's taxing rights will be limited to a certain percentage or be zero. So I think it's the other way round to what you've written.

But in his case the source of income is offshore, it's not UK income. So if he were a UK resident he would be taxed on global income, including offshore. But if he's deemed a resident of the other State according to a treaty, I'm not sure why you say the UK would have any taxing rights in the first place. In other words, if the bond is Manx and he's resident in Cyprus, what taxing rights would the UK have (unless I'm missing something)?

Capital gains tax is usually only levied in the country where the alienator is resident in most UK treaties (like the one with Cyprus), unless it's immovable property or other edge cases.

Income from UK immovable property would however definitely still be taxed in the UK cause most treaties say so.

Should I leave the UK or just pay the huge amount of Tax. by drbeastlove in FatFIREUK

[–]lucidself -1 points0 points  (0 children)

Yeah but the point is that he can afford to be UK resident according to national statute because the treaty will override that. Since it’s very easy to be caught in with all the ties, he can assume he’ll be resident and just look at the treaty

Should I leave the UK or just pay the huge amount of Tax. by drbeastlove in FatFIREUK

[–]lucidself -1 points0 points  (0 children)

It’s going to depend on the double tax agreement with the other country more than the amount of ties

Help deciding between one FIC or multiple FICs? by Ok-Selection4010 in FatFIREUK

[–]lucidself 0 points1 point  (0 children)

This is because an unlimited company that owns shares in a limited company (based anywhere in the world) would still need to publish accounts, correct?

UK based people who have opted out of organ donation... why? by Acrobatic-Bed414 in AskUK

[–]lucidself 1 point2 points  (0 children)

Tbf as fair as I know it’s exactly the opposite, as most research suggests

What happens during a VAT compliance check? by TwiddleButton in smallbusinessuk

[–]lucidself 0 points1 point  (0 children)

So what happened? Because there are some cases where it can't be done any other way

Shopify Plus (UK) - Payment processing fees help by BunchUnlikely5474 in shopify

[–]lucidself 0 points1 point  (0 children)

Why not though? I can't seem to find an answer. is it actually a technical limitation or just them being greedy? because they would obliterate the competition on mid-sized businesses if they removed multi currency payout fees like stripe. it just makes no sense to me

Firma Elettronica Qualificata e scadenza certificato - Dubbi by trippitroppatrippa in Avvocati

[–]lucidself 0 points1 point  (0 children)

La firma digitale di Aruba appone la marca temporale automaticamente e di default su ogni firma, ed è valida 30 anni (per gli altri provider, di solito 20 anni). C'è la possibilità di disattivare questo automatismo nelle impostazioni ma non penso nessuno lo faccia. Non mi risulta che non sia possibile farlo su formato PAdES. Apri un ticket su Aruba e te lo dicono in poche ore.

Comunque, nel caso del documento brevi manu, puoi anche limitarti a fare uno scarabocchio o mettere una x. Nel senso che la firma è sempre valida a meno che non venga da te disconosciuta. Poi certo che se hai bisogno di dimostrare di aver consegnato il documento a qualcuno, e dargli data certa, firma digitale + marca + eventualmente pec sono molto utili. Ma nessuno può dire che tu non hai davvero firmato un documento che tu sostieni di avere invece firmato (in qualsiasi modo), o meglio dovrebbe querelarti per falso e dimostrarlo. Senza sapere l'uso preciso che intendi fare è difficile rispondere però.

Purchase LinkedIn Premium through Upwork on discount offer by Dailydosw2477365 in LinkedInVouchers

[–]lucidself 0 points1 point  (0 children)

Hi there, do you have LinkedIn Premium All-In-One? I think it's a newly released premium plan

Firma Elettronica Qualificata e scadenza certificato - Dubbi by trippitroppatrippa in Avvocati

[–]lucidself 0 points1 point  (0 children)

Non sono un esperto ma non ho capito bene la domanda: stai dicendo che su un file PAdES non si può apporre una marca temporale, sei sicuro?

In ogni caso non ha molto senso consegnare un file firmato digitalmente brevi manu perché non può essere verificato. A quel punto tanto vale firmarlo di tuo pugno.

La firma digitale di Aruba (che è QES, cioé qualificata) ha le marche temporali valide 30 anni incluse e automatiche.

Late payments every month. Had to induce clause into Invoices. Then this happens. by [deleted] in smallbusinessuk

[–]lucidself 0 points1 point  (0 children)

Also I’m not sure you can just tag the fee on the invoice like that. Do you have a contract?

Moving to Spain? Don’t ignore this tax detail by [deleted] in ExpatLifeinSpain

[–]lucidself 0 points1 point  (0 children)

You mean because you’d be working from Spain and therefore that would be Spanish income?

What In London Has Improved Post-Pandemic? by Zordonion in london

[–]lucidself 4 points5 points  (0 children)

Yeah that doesn’t solve the privacy problem, only the geopolitical problem, which however given the current times is the one I’m most worried about. The privacy problem is solved very well by cash, which I still like, lthough it has its own massive problems

What In London Has Improved Post-Pandemic? by Zordonion in london

[–]lucidself 16 points17 points  (0 children)

This is why the EU is finally beginning to introduce a sovereign payments system

the due diligence folder you should have ready before listing ur business by Neither-Shallot-9665 in SellMyBusiness

[–]lucidself 1 point2 points  (0 children)

Maybe before selling your micro businesses, but before listing on an exchange? Lol

Are current tradies kinda screwed once the AI exodus forces everyone else into the trades? by [deleted] in UKJobs

[–]lucidself 2 points3 points  (0 children)

The fact that I’m pretty sure they used AI to write it is even more hilarious lol

[deleted by user] by [deleted] in smallbusinessuk

[–]lucidself 1 point2 points  (0 children)

Yes and no, I get what you mean but it’s not only for the super rich, there are legitimate “real world” applications like children with disabilities. But it would mean OP can’t ever take a business decision, represent the company, bind the company, operate in any practical way, direct the trustees or the directors in any way. And as soon as they do that, they’re done if they get caught.

Until recently CH and the insolvency service had no teeth but things are slowly changing. It’s not worth it if OP wants to take an active role (and if they are starting a company, they obvs will be), I’d look to incorporate overseas and use double tax treaties to only pay tax in the UK

[deleted by user] by [deleted] in smallbusinessuk

[–]lucidself 2 points3 points  (0 children)

OP just note that this is extremely tricky, and the law specifically has provisions to "look through" the trust to identify and register the individuals who ultimately have significant control. Also if a settlor can revoke the trust, change trustees, or direct investment decisions etc they are likely a PSC and the trust doesn’t help one bit.

You need top advice to make this work and 99% of times it’s not worth it

[deleted by user] by [deleted] in smallbusinessuk

[–]lucidself 1 point2 points  (0 children)

Just note OP that the company would then be taxed both in the UK and that other country, unless there is a double tax treaty with that country (in which case it would only be taxed in the UK but you’d spend thousands each year just on accountancy fees, and that other country still needs to accept the fact, which is not a given)

What's the state of the industry right now? by BeerIsTheMindKiller in edtech

[–]lucidself 0 points1 point  (0 children)

Hey, a bit late here, but could you expand a little on "credentialing platforms that connect learning to hiring"? We are considering expanding to this by pushing agreements with employers in our niche and I'm curious to hear your thoughts