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Old 26-06-2007, 18:13   #1 (permalink)
YvesT
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UK investors and their tax problem

I was wondering if anybody has some good advice regarding tax issue's in the UK.
Like for a example i got interested client, who wants to start investing.
But his problem he lives in the UK and has to pay 40% tax on his profit.
He has a offshore account, but this has become risky as well.
http://www.ifaonline.co.uk/public/sh...ml?page=453493

Now i was hoping somebody knows more then me regarding this.
Or maybe somebody knows a place that can give me some help regarding this.

40% tax on your profit is a lot.
Yeah you can not tell about it, but if you end up getting caught.
You risk a jail time and 200% from your profit you did not declare.

Any help is much appreciated.
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