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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 2
    • unforeseen
    • By unforeseen 3rd Dec 17, 4:43 PM
    • 1,970 Posts
    • 2,480 Thanks
    unforeseen
    I am an ex-pat not a Falkland Islander. I got here. Think laterally.
    JH.
    Originally posted by Johnny Hach
    So what do you do that generates £1m? Do you live in Stanley or one of the smaller towns. How long is your work permit?

    So far you have saId nothing that pursuades me that you live there and call BS.
    • uknick
    • By uknick 4th Dec 17, 10:47 AM
    • 711 Posts
    • 319 Thanks
    uknick
    I assume JH is employed by the RAF as their official penguin uprighter.
    • unforeseen
    • By unforeseen 5th Dec 17, 7:59 PM
    • 1,970 Posts
    • 2,480 Thanks
    unforeseen
    I assume JH is employed by the RAF as their official penguin uprighter.
    Originally posted by uknick
    According to another thread he emigrated there 40 years ago I.E. 1977.

    He probably made his money selling 'I love Galteiri' mugs to the Argies in 82.
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