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ayj · 10-16-2003, 01:49 PM

Hi Webby

Thanks again, as always superb helpful advice. No I don't have a bank account in the UK :-).

In practical reality this company does not trade at all.

My confusion (as a result of a conversation with IRD UK) was about the fact that although I live outside UK (and EU) the company (which I thought was the legal equivalent to an individual) has it's registered office in Bristol (Jordans) ie it does "live" in the UK.

I did not think the residence issue revolved around where the control for the company resides but around where the company itself resides. Then, if the company did earn money, even if outside the UK, because it is a UK resident, I thought the starting point would be that it's earnings were UK earnings.

Accountant eh - probably good advice but sounds expensive. I have quite a lot of knowledge in that area and usually find I can cover most of the ground myself but perhaps with this I do need some help.

Thanks again

ayj

10-16-2003, 01:49 PM
ayj Registered User Join Date: Jul 2003 Posts: 27	Hi Webby Thanks again, as always superb helpful advice. No I don't have a bank account in the UK :-). In practical reality this company does not trade at all. My confusion (as a result of a conversation with IRD UK) was about the fact that although I live outside UK (and EU) the company (which I thought was the legal equivalent to an individual) has it's registered office in Bristol (Jordans) ie it does "live" in the UK. I did not think the residence issue revolved around where the control for the company resides but around where the company itself resides. Then, if the company did earn money, even if outside the UK, because it is a UK resident, I thought the starting point would be that it's earnings were UK earnings. Accountant eh - probably good advice but sounds expensive. I have quite a lot of knowledge in that area and usually find I can cover most of the ground myself but perhaps with this I do need some help. Thanks again ayj