Off shore/ foreign bank accounts.

[mart123blue 0]

you don't get taxed on any isa, more risk = more reward...

[maty j 6]

Gold isn't any good for this idea HH, That's all taken into account. So looks like it will be an account in a family members name then.

Makes sense why it is so expensive then M

I'm sure you would R :laugh: I need to get an ISA in my name but all the family have them so they can't add more AFAIK. Something like you can invest 3,600 in a tax year? How could I get 14K in an ISA mart, is that one year?

[mart123blue 0]

7k per person, if you have a partner that does not use their allowance then thats where I get the 14 from.

[maty j 6]

Still no better as It would be in my name but I need to get one done. I was always told it was 3.6k a year or is that only on the mini ISA's??

[mart123blue 0]

I am not a financial advisor but I know it is 7k per person. As for anonymous tax free accounts suggest you try this robert.mugabe@hotmail.cox

[maty j 6]

Thanks Lads, But 230 an hour is abit much for what I want Sure I'll think of something..

[blackdug 90]

someone said it before ....buy gold coins..krugerrands ,,sovereigns....then keep them 5 foot deep somewere or in a deposit box...there is no capital gains with gold coins and for sure the price is going to double in the next 5 years ,,my friend owns a pawn shop and knows all the tricks and that is the best one .easy to buy and easy to sell ....check it out !!!!

[swamper 11]

Still no better as It would be in my name but I need to get one done. I was always told it was 3.6k a year or is that only on the mini ISA's??

 

 

MATY J best advise is hire a good financial advisor ,they are dear ,

one charged me £230 an hour ,but i can assure you that when the

tax man or vat man comes calling ,the advice you took from the financial

man should keep you right ,think about it your leaving yourself wide open .

your money in other peoples accounts .madness .Even if you do pay a few

££££ tax ,keeps the nosey c@@ts away from the door .Im speaking from

experience .Good luck .

 

 

got to agree with boots there

a mate of mine got nailed...it cost him thousands......he tried to hide it the same way mate..other peoples accounts and all that.....people have been doing it since money began....talk to someone that knows what there talkin about...it will save you money in the long run...if you hide it under the mattress...well its not earning then

[mackem 26,359]

Just invest in a side-by-side,hacksaw,and a mask maty

[maty j 6]

Well I'm tighter than a gnats chuff so I'm not paying for a advisor! If it's in someone elses name I think they will have a hard case to prove that it wasn't for a genuine reason..

 

If I can't catch a fish with my new rod I think I'll have a tough time shooting a hacksaw masked up M Them ski masks always seem to be twisting

Edited July 26, 2008 by maty j

[boris b 1]

Buying coins is not a good thing to do with your money , look into it you can actualy lose money easily .

[mackem 26,359]

True Boris,you might hide it all and forget where you put it Maty

 

http://www.crawfordsmd.co.uk/book_details....p;CategoryID=14

[Caravan Monster 323]

Savings account/ ISA information and general 'consumer revenge':

 

http://www.moneysavingexpert.com/savings/

 

Boring to read, I' m afraid, but will make you money one way or another.

 

With inflation as it is at the moment, even the best savings account will only retain, or very slightly increase the real value of your money, by the time you have paid tax. Like most things in life, it is rare to get something for nothing. If you want to actually earn profit, a degree of risk and involvement would be necessary. Tax evasion is not generally all that clever. Taking best advantage of the complexities of tax law is what accountants and financial advisors are for.

[shepp 2,285]

I am not a financial advisor but I know it is 7k per person. As for anonymous tax free accounts suggest you try this robert.mugabe@hotmail.cox

 

Seven grand is if you invest in stocks and shares, it is 3600 for cash savings accounts.

[blackdug 90]

boris why is buying a gold krugerrands last year for 350 quid and selling them for 540 quid 4 months ago losing money .......it is not the coin it is the gold content ,,,the only way you will lose on gold coin is if you buy a fake...simple...stick to krugers,,sovereigns ..