Response to
‘We’re not being given a viable future’: how Brexit will hurt British music by Michael Hann @michaelahann
Who said, “Because I am a woman I have no country?” I forget, but I say… Because I am a writer; I have no country. Because I am a refugee; I have no country. Because I have a disability; I have no country. Because I am precarious; I have no country. Because I am an artist; I have no country. Because I am a minority; I have no country unless it pleases them, look out. Because I have special educational needs; I have no country. Because I’m a trade unionist; I have no country. Because I have a mental health problem; I have no country. Because I am a migrant worker; I have no country. Because I am a musician….
Some might say
Because I invest in an offshore tax free account I have no country, and there’s plenty of advice out there how to do that…
“Despite what you may hear, offshore banking is completely legal. It’s not about tax evasion or other illegal activities. It’s simply about legally diversifying your political risk by putting your liquid savings in sound, well-capitalized institutions where they are treated best.”
https://internationalman.com/articles/offshore-banking/
“Where you normally pay tax
If you’re not resident in the UK for tax purposes you won’t usually be liable to pay tax in the UK on your offshore incomes and gains but it’s important to check your residency status and what’s taxable from offshore income.” HMRC Guidance.
“Offshore investment bonds can be a tax efficient investment wrapper often provided by global life insurance firms with the aim to enable investors to grow capital often without attracting any tax.”
https://www.expertsforexpats.com/expat-financial-advice/offshore-investment-bonds/
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