Recent content by left-long-ago

  1. L

    Selling online services uk to usa

    I had an American accountant make me a legal opinion on a similar issue about tax presence. Not water tight by any means but best he could do. I can give you his details if you send me a PM Personally I would set up in an offshore juristiction and pay zero tax, you have the perfect type of...
  2. L

    Offering Services in America

    Probably easier just to get an American LLC, they are dirt cheap and do the conference through that vehicle and pay local US tax. As a one off as a UK company I think the easiest way would be to get your US counterparts to invoice your Uk company for expenses and also get the income sent to...
  3. L

    Moving to Poland from UK - What happens with tax?

    You have 2 issues here. One is your company tax and in which jurisdiction your company is registered, the second is your personal income tax. If your company is you as an individual then you would most likely have to pay tax in Poland, 19% from memory. If you have a Uk company you can carry on...
  4. L

    Arbitrage with UK products and weak pound

    I remember last time the GBP went down to 105 to the euro my friend bought a Harley with about a 5k discount compared to the EU price. Unfortunately with the steering wheel on the right cars are out of question unless they are going to a RHD country. I was also thinking things like rolex in the...
  5. L

    Banking for UK Companies in Czech Republic

    I live in cz, many banks will do this for you. Try CSOB, FIO, Sberbank
  6. L

    Arbitrage with UK products and weak pound

    With the weak pound has anyone noticed some considerably cheaper Uk manufactured products? Thinking there must be some arbitrage opportunities to the EU/USA.
  7. L

    Legality of streaming boxes with copywrighted content in hotels

    Interesting legal question here about legally streaming movies etc. http://bgr.com/2014/06/05/streaming-movies-and-tv-shows-for-free/ As long as an Internet user is streaming copyrighted content online,GigaOmreportsthat it’s legal for the user, who isn’t willfully making a copy of said...
  8. L

    HMRC sent transcript of meeting, asking accuracy

    It was an audit announced 2 months ahead. The meeting was with the accountant and HMRC.
  9. L

    HMRC sent transcript of meeting, asking accuracy

    A colleague had a meeting with HMRC, they have written back to confirm the transcript is accurate and based on that they will have further questions. Normal procedure or are they sharpening the knives :) ?
  10. L

    Please Vote for your favourite brand name

    Yes I agree. That is why almost none of them have coconut in them.
  11. L

    How to start your own online brand

    I think selling via 3rd party sites. They can give you some credibility. If people see your stuff everywhere then it becomes reinforcing, like, "oh this guy is on X,Y and Z sites, he looks legit and I see many people selling his gear. Then have your own site incase people go looking to see who...
  12. L

    Please Vote for your favourite brand name

    I think that you can do that with the big organic labels on the product and website. We are looking for a catchy but relevant name.
  13. L

    Please Vote for your favourite brand name

    you can eat it put it on your skin and condition your hair. It is organic and quite expensive so I guess people with more money will purchase it and due to its' moisturizing uses I guess a lot of women are customers. I work with the OP BTW. So basically, organic, women customers, conjure up...
  14. L

    Inheritance tax, gifts and reducing liability

    I thought there was a limit to what one can give away per year as gifts without being taxed to quote HMRC's website Top Annual exemption You can give away gifts worth up to £3,000 in total in each tax year and these gifts will be exempt from Inheritance Tax when you die. You can carry...
  15. L

    Inheritance tax, gifts and reducing liability

    Relative's estate is worth just under 2 million. Their children live abroad. For cash gifts, is tax levied on the individual in the UK giving or is it up to the children to declare it where they live? Any other ways to reduce exposure to the taxman more than welcome :)
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