Hello guys.
I'm here for asking few question.
I do dropshipping using Ebay + Paypal + Revolut based in UK
i own a Uk Company and i'm soletrader in uk as well (i use revolut business under my own name as soletrader)
I'm not uk resident but Italy resident, but i used to live in uk so i had access to register as sole trader.
My company for now is just holding few money and is doing no cashflow. All the cashflow is going under my revolut sole trader account (uk) and is between 40 and 50.000 euro monthly. I plan to double or triple this cashflow but i would like to move it under my company revolut business and i would like to start to make serious set up for all this.
My goal is to stay totally legal but paying less taxes possible or nothing.
How can i move from that? do you suggest to move the cashflow to the company account and doing what? take accountant and paying the taxes normally or can i avoid it using revolut business and other EMI like transferwise ?
My goal is going between 1 milion and 1 milion and half for year. I sell to: italy, France, Usa and Spain.
Thank you so much.
I'm here for asking few question.
I do dropshipping using Ebay + Paypal + Revolut based in UK
i own a Uk Company and i'm soletrader in uk as well (i use revolut business under my own name as soletrader)
I'm not uk resident but Italy resident, but i used to live in uk so i had access to register as sole trader.
My company for now is just holding few money and is doing no cashflow. All the cashflow is going under my revolut sole trader account (uk) and is between 40 and 50.000 euro monthly. I plan to double or triple this cashflow but i would like to move it under my company revolut business and i would like to start to make serious set up for all this.
My goal is to stay totally legal but paying less taxes possible or nothing.
How can i move from that? do you suggest to move the cashflow to the company account and doing what? take accountant and paying the taxes normally or can i avoid it using revolut business and other EMI like transferwise ?
My goal is going between 1 milion and 1 milion and half for year. I sell to: italy, France, Usa and Spain.
Thank you so much.
