Make sure the UK taxman doesn't care, some countries (US, ahem ahem) require its residents to report foreign bank accounts.
Not exact matches
If you are
doing investing outside of a Roth or IRA, you always want to
do index funds rather than mutual funds because of the
taxman.
The Roman
taxman could not tax Christian churches because much of what they
did was in secret and the churches took in very little money in the form of contributions.
MPs are turning public anger about multinational tax - dodging on HM Revenue and Customs (HMRC), by pointing the finger at the
taxman's failure to
do more against Google's «highly contrived» tax arrangements.
Do you have any suggestions to help minimize the share the
taxman will get?
After removing the effect of fees and inflation, you're left with about a 5 % - a-year return in real terms — and don't forget the
taxman will take another bite out of your returns, either immediately or when you remove money from your RRSP.
I certainly don't want to continue working if I'm just going to end up giving away all the money to the
taxman.»
To avoid trouble with the
taxman, don't try to deduct non-qualifying medical expenses.
After all, you don't want to be super-savvy all your life just to have most of what you've saved go to the
taxman.
Extra income is all very well, but don't forget the
taxman will want his share.
Yes, I guess they
do carry guns in Ukraine / Russia... simply because everybody else
does (inc. the
taxman!)!
Remember, if you owe the
taxman any money at all, April 30 is a deadline you don't want to miss.
Bruce Sellery says you can transfer all sorts of investments into a TFSA, but you may not be able to completely avoid the
taxman by
doing so.
Just as in ancient times, people would make themselves look poor when the
taxman came, so
do the wealthy
do today.
They also can't confirm that lender and borrower
did not have a parallel transfer (maybe called «borrowing» to the
taxman's face) of something valuable like a car or house.
With all this continued interest in U.S. vacation properties, you may be tempted to take the plunge and buy a property down south, but if you
do there are a few details you'll need to keep in mind to stay on the good side of the U.S. and Canadian
taxman.
Although many investors invest in munis for just this reason — they «don't like the
taxman» — they may not be making the optimum investment choice.
The
taxman is about to become your silent partner, if you don't think about ways to avoid paying taxes on your growing portfolio.
Finally, keep in mind that the
taxman requires you to report your foreign exchange gain (loss) on your 2017 securities transactions on your 2017 tax return even if you don't actually convert the foreign funds back to Canadian dollars, which may be the case if you trade U.S. stocks in a U.S. dollar, non-registered trading account.
In any case, I don't think that you, I, or anyone else would actually be hit by a
taxman for getting this bonus, but I believe in making informed decisions.
«Traditional ones are supported by governments who have armies and
taxmen that can make people follow their rules, and digital ones
do n`t.