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2006-08-20 22:26:59 · 16 answers · asked by noisy 2 in Business & Finance Taxes United Kingdom

16 answers

Live and work in Dubai.

OR

Get an off shore bank account - like on the Isle of Man - though note you'll need around £250,000 grand MINIMUM to open an account.

If running a business, register it offshore - like on the Isle of Man - so that you wont have to pay corporations tax or VAT, etc.

If you have £3000 lying around, shove it into an ISA.

Try and find a job where with a small "nudge and a wink" your boss pays you, ahem, cash in hand.

Work self-employed but only declare say 90% of your earnings.

There are probably a sh*t load of different ways to beat the tax man, but i dont know enough about it to know. An accountant would probably know many ways of tax dodgin, but they are very, very unlikely to impart any information unless they are doin your books or you are paying them a nice wedge of fibre....

2006-08-20 22:34:20 · answer #1 · answered by bobby t 3 · 0 0

Work less own less. Live in powerty. You can have your compnay own everything that is what the rich do. They have their company pay them $1.00 a year own their car and their home. Their company owns even their clothes and they have everthing they need it is just not theirs. It is the trick of the rich corporation.

2006-08-21 05:32:14 · answer #2 · answered by adobeprincess 6 · 0 0

by getting a more efficient car (less emissions), get an older car that you dont have to pay tax on think its before 1970. get a smaller engined car

2006-08-21 05:34:41 · answer #3 · answered by gjs_coupedrive 2 · 0 0

earn less money - and you will pay less income tax
spend less money - and you will pay less sales tax
live in modest housing - and you will pay less property tax

2006-08-21 10:11:15 · answer #4 · answered by me 7 · 0 0

Earn less money

2006-08-21 05:31:40 · answer #5 · answered by Anonymous · 0 0

Find more overheads that get written off against tax

2006-08-21 05:30:36 · answer #6 · answered by Anonymous · 0 0

Learn the rules of taxation, because you have got to be "legally correct" in the first place.

2006-08-21 05:33:40 · answer #7 · answered by Sam 7 · 0 0

Give more donations (it will be offset from your tax) and declare dependents.

2006-08-21 05:31:42 · answer #8 · answered by Muffin 4 · 0 0

get a lower paying job!

2006-08-21 05:31:38 · answer #9 · answered by BadShopper 4 · 0 0

earn less

2006-08-21 05:30:54 · answer #10 · answered by Dave B 5 · 0 0

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