avoiding or evading tax?

[joszzz]

Hi,

Great forum, very useful

My case is as follows,

My partner and I(not married) will get about 500k from remortgaging 3 houses.

My partner has dual nationality(Guyana/UK)
I have Dutch nationality.

Would one (or both) of us able to set up an offshore company based on our nationalities?

It is quite confusing to read about non-domicile, non-resident e.g. So I thought that me being non-uk resident(ok, I live here, but not registered in any way, how can inland revenue ever find out???) would qualify me for creating an offshore an invest in uk?

Or in the light of the European Union, is this not possible?

If the above doesn't apply to me and my partner, would it then be an option for my partners father or other family member(non-uk,non eu, never been either) to set it up and give us the authority to buy houses and arrange mortgages in his/her name?

thanks,

[Taxbar]

Tax evasion is a serious criminal offence that may lead to a large payment of tax owed ,interest and penalties of up to 100% of the tax owed not to mention large professional fees and up to 18 months of negotiations and investigation.

As a Dutch National you may well be able to take advantage of Non-Domicile status and set up an offshore structure to use as an investment vehicle.

You need to take professional advice and take the steps to be treated as UK Resident.

Daniel Feingold
Strategic Tax Planning
International & UK Tax consultants
e-mail:sedrate@easynet.co.uk

[DF]

Anyone can have an offshore company regardless of their personal tax status.

However, many jurisdicions (including the UK) have anti avoidance legislation that can apply a tax charge on the income of an offshore person where they are resident in the UK.

The tone of your note suggest that you are willing to take risks with regard to your version of "tax planning" and on that basis you will find it difficult to obtain helpful advice.