Hi all,
I am currently contracting in UK and being paid a small salary in UK and the rest as a 'non repayable loan' from a company operating in the Chanel Isles. The scheme management say that it's compleyely compliant with UK tax laws but I'm a little unsure and don't know whether to open a ltd company in light of Gordon's new laws governing MSC'S that comes into play in April.
Is anyone aware of these schemes and are they legal?
Thx for any answers!
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