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Old 07-30-2007, 05:53 PM  
grand220
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Join Date: Jul 2007
Posts: 1
If you're a UK citizen, you can complete the P85 form and leave the UK and hence become a non-resident. You won't pay any taxes on income you make from then onwards as long as the income didn't come from the UK. You may come back to the UK but not stay more than 91 days in a tax year.

You can go live in, for example, Prague and rent and apartment there. You can stay in Czech Republic as long as you like if you a UK passport holder and rent an apartment long term. However they want you to have international health insurance and not ask for welfare/income support payments. With an ADSL broadband connection, you can run your business.

You can pay yourself huge dividends from the Cyprus LTD after a few years and go back to living in the UK without any of it being taxed. As long as you that massive dividend you paid yourself was while you were non-resident. Check out taxcafe .co .uk for books and then ask your accountant

Quality of apartments: www happyhouserentals.com/output.php?lim=0&ht=2&hs=2&adv=1&dtd=1
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