As the value of my account is now becoming interesting :D :D the question of limiting the amount of tax payable is looming. Has anyone or does anyone know if it is possible to change the PICPAY account name from your own name to a company name ?
Any assistance in this would be greatly appreciated
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Thread: Pic Pay account names
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20-07-2005, 07:08 AM #1
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Pic Pay account names
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20-07-2005, 09:28 AM #2
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Take a look throught the USA forum I heard some guy talking about setting up a Corporation before, and some of the tax savings were amazing , still a way off yet for me to worry about tax but interesting non the less to see peoples thoughts
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20-07-2005, 10:24 AM #3
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gadget,
How would that work for us in UK?
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20-07-2005, 10:42 AM #4
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I'm not entirely sure matey, I'll have to do some research.....
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20-07-2005, 01:40 PM #5
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There are a LOT of things you can do to manage your taxes... I work with several companies that specialize in legal structuring that really works.
Do NOT, I repeat do NOT simply "not pay", unless you want trouble... there is probably a paper trail of improper, and unconstitutional documents that create a tax obligation "contractually" even if one never existed constitionally.
However, if you want to dot the i's and cross the t's, there is a LOT you can do to reduce taxes...
PM me if you are interested in further learning...
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20-07-2005, 05:43 PM #6
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This is a moot point at this juncture
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