Hi,
Looking to get some advice.
I'm joint 50% owner of UK Ltd Company. Just me and business partner.
Setup as employee and taking rest via dividends
UK tax resident.
Currently split time between UK and Western Europe.
No huge ties to UK other than being a tax resident. Not property owner, no kids etc. So I can travel pretty freely.
No staff in the UK
Bulk of income is from affiliate marketing
Reasonable size holding of crypto
Looking for some guidance on what a good strategy would be for setting something up offshore with these sorts of circumstances?
Reasons for doing so would be I'm not a fan of paying 20% tax on profits. And I'd like to be able to cash out some cryptocurrency back to FIAT (to either hold as another asset or keep as cash and buy back in at a later date) without getting stung by capital gains.
Done plenty reading, but as is always the case a little knowledge is dangerous. Unfortunately not familiar with anyone who's done anything similar to tap into advice and imagine most of the websites I'm coming across offering offshore services aren't in the business of hand holding or free advice. So here I am.
Is it worth signing up for a mentor account for something like this?
Looking to get some advice.
I'm joint 50% owner of UK Ltd Company. Just me and business partner.
Setup as employee and taking rest via dividends
UK tax resident.
Currently split time between UK and Western Europe.
No huge ties to UK other than being a tax resident. Not property owner, no kids etc. So I can travel pretty freely.
No staff in the UK
Bulk of income is from affiliate marketing
Reasonable size holding of crypto
Looking for some guidance on what a good strategy would be for setting something up offshore with these sorts of circumstances?
Reasons for doing so would be I'm not a fan of paying 20% tax on profits. And I'd like to be able to cash out some cryptocurrency back to FIAT (to either hold as another asset or keep as cash and buy back in at a later date) without getting stung by capital gains.
Done plenty reading, but as is always the case a little knowledge is dangerous. Unfortunately not familiar with anyone who's done anything similar to tap into advice and imagine most of the websites I'm coming across offering offshore services aren't in the business of hand holding or free advice. So here I am.
Is it worth signing up for a mentor account for something like this?
