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  • FIRST POST
    • Johnny Hach
    • By Johnny Hach 2nd Dec 17, 1:09 PM
    • 13Posts
    • 1Thanks
    Johnny Hach
    Tax in the Falkland Islands.
    • #1
    • 2nd Dec 17, 1:09 PM
    Tax in the Falkland Islands. 2nd Dec 17 at 1:09 PM
    If you want low taxation become a resident. £15000 allowance per person. 21% on next £12000 and the rest at %26. No higher rate. No capital gains. No inheritance tax. The only down side is our only bank offers just %.5 interest but all interest from the bank is tax free.To gain money, is bring your multi millions with you and negotiate a preferential rate which will then be tax free. If you bank outside of the Falklands then Government tax you on the interest. What a way to help savers.
    Johnny Hach.
Page 1
    • BoGoF
    • By BoGoF 2nd Dec 17, 3:08 PM
    • 2,716 Posts
    • 1,951 Thanks
    BoGoF
    • #2
    • 2nd Dec 17, 3:08 PM
    • #2
    • 2nd Dec 17, 3:08 PM
    Great story bro.....very useful on a UK forum.
    • unforeseen
    • By unforeseen 2nd Dec 17, 3:51 PM
    • 1,975 Posts
    • 2,487 Thanks
    unforeseen
    • #3
    • 2nd Dec 17, 3:51 PM
    • #3
    • 2nd Dec 17, 3:51 PM
    There's not a lot else to do down there. There maybe a knees up at the Upland Goose if your lucky, or if your a visitor you could make fun of the Stills.
    • Johnny Hach
    • By Johnny Hach 3rd Dec 17, 12:53 PM
    • 13 Posts
    • 1 Thanks
    Johnny Hach
    • #4
    • 3rd Dec 17, 12:53 PM
    Money FI
    • #4
    • 3rd Dec 17, 12:53 PM
    At least I have been able to save £1,000,000 in my lifetime.
    JH.
    • unforeseen
    • By unforeseen 3rd Dec 17, 1:08 PM
    • 1,975 Posts
    • 2,487 Thanks
    unforeseen
    • #5
    • 3rd Dec 17, 1:08 PM
    • #5
    • 3rd Dec 17, 1:08 PM
    At least I have been able to save £1,000,000 in my lifetime.
    JH.
    Originally posted by Johnny Hach
    Only because there is nothing to spend it on. Is there still only one small supermarket run by FIC on the seafront in Stanley?
    Last edited by unforeseen; 03-12-2017 at 1:14 PM.
    • Johnny Hach
    • By Johnny Hach 3rd Dec 17, 1:23 PM
    • 13 Posts
    • 1 Thanks
    Johnny Hach
    • #6
    • 3rd Dec 17, 1:23 PM
    money FI.
    • #6
    • 3rd Dec 17, 1:23 PM
    Seems to be a lot of losers on this thread.
    JH.
    • Johnny Hach
    • By Johnny Hach 3rd Dec 17, 2:03 PM
    • 13 Posts
    • 1 Thanks
    Johnny Hach
    • #7
    • 3rd Dec 17, 2:03 PM
    Tax
    • #7
    • 3rd Dec 17, 2:03 PM
    No good sat in UK if you want to avoid tax.
    JH.
    • Johnny Hach
    • By Johnny Hach 3rd Dec 17, 2:11 PM
    • 13 Posts
    • 1 Thanks
    Johnny Hach
    • #8
    • 3rd Dec 17, 2:11 PM
    Tax.
    • #8
    • 3rd Dec 17, 2:11 PM
    Do you still live with your mummy.
    JH
    • unforeseen
    • By unforeseen 3rd Dec 17, 2:36 PM
    • 1,975 Posts
    • 2,487 Thanks
    unforeseen
    • #9
    • 3rd Dec 17, 2:36 PM
    • #9
    • 3rd Dec 17, 2:36 PM
    No good sat in UK if you want to avoid tax.
    JH.
    Originally posted by Johnny Hach
    No good sitting in FI if you want a life
    • k3lvc
    • By k3lvc 3rd Dec 17, 2:41 PM
    • 1,943 Posts
    • 3,082 Thanks
    k3lvc
    No good sat in UK if you want to avoid tax.
    JH.
    Originally posted by Johnny Hach
    And the earning potential compared with mainland UK is what exactly ?

    I'd rather pay 40% of my (substantial) salary than 26% of nothing

    Baa
    • 00ec25
    • By 00ec25 3rd Dec 17, 3:00 PM
    • 5,557 Posts
    • 4,947 Thanks
    00ec25
    Do you still live with your mummy.
    JH
    Originally posted by Johnny Hach
    No I don't.

    I have a life that involves spending some time on the internet and most time not making pointless posts to provoke a reaction. The tax I pay goes towards providing the infrastructure I enjoy (National Opera for example) and supporting those less "fortunate" than me, to whom I do not begrudge the support I provide, for example, paying towards stationing the armed forces on their island to prevent another invasion.

    I also don't feel the need to post on a website connected with the "homeland" because I have nothing else to do.

    I am a UK citizen that has been a Falkland Island resident for 40 years. Anybody know a UK bank that I can open an account with. Can then start saving.
    Originally posted by Johnny Hach
    so we can assume that the nirvana in which OP lives does not include provision of somewhere to save his £1m. Presumably therefore it is buried in a hole in "the camp" and he visits it regularly as the highlight of his entertaining life
    Last edited by 00ec25; 03-12-2017 at 3:19 PM.
    • Johnny Hach
    • By Johnny Hach 3rd Dec 17, 3:03 PM
    • 13 Posts
    • 1 Thanks
    Johnny Hach
    Tax.
    Sad life you have.
    JH.
    • Johnny Hach
    • By Johnny Hach 3rd Dec 17, 3:05 PM
    • 13 Posts
    • 1 Thanks
    Johnny Hach
    Tax.
    About the same.
    JH.
    • lincroft1710
    • By lincroft1710 3rd Dec 17, 3:08 PM
    • 10,032 Posts
    • 8,092 Thanks
    lincroft1710
    I don't think the infrastructure of FI could support all those who decide to become residents so they could benefit from low taxation
    • Johnny Hach
    • By Johnny Hach 3rd Dec 17, 3:19 PM
    • 13 Posts
    • 1 Thanks
    Johnny Hach
    Tax.
    The secret is you need a job to come to.
    JH.
    • Johnny Hach
    • By Johnny Hach 3rd Dec 17, 3:20 PM
    • 13 Posts
    • 1 Thanks
    Johnny Hach
    Tax.
    The money helps.
    JH.
    • Johnny Hach
    • By Johnny Hach 3rd Dec 17, 3:25 PM
    • 13 Posts
    • 1 Thanks
    Johnny Hach
    Tax.
    Its all in the UK supporting Infrastructure making %8 of which I only pay %26 tax on.
    JH.
    • lincroft1710
    • By lincroft1710 3rd Dec 17, 3:26 PM
    • 10,032 Posts
    • 8,092 Thanks
    lincroft1710
    So no job, no residency, so no real point in starting thread.

    Now if you had said "Come to the Falkland Islands, low taxation and we have vacancies for....."
    • Johnny Hach
    • By Johnny Hach 3rd Dec 17, 3:29 PM
    • 13 Posts
    • 1 Thanks
    Johnny Hach
    Tax.
    I am an ex-pat not a Falkland Islander. I got here. Think laterally.
    JH.
    • Gabbs the Newt
    • By Gabbs the Newt 3rd Dec 17, 4:03 PM
    • 4 Posts
    • 2 Thanks
    Gabbs the Newt
    So I give up my hobbies, friends and most of my family all to save a bit of tax?


    At least Bermuda has the sun!
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