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  1. W

    Do you guys have any passive income business ?

    Get yourself a trend following / breakout algo .. put it to work on the usual suspects of trending curencies. GBPJPY ETC . portfolio of 3 or 4 currencies ... compound over 5 years (no withdrawals) .. There might be the odd year of poor returns or even a losing year post compounding ... have some...
  2. W

    UK Tax Experts Considering introducing Wealth Tax On the Rich

    It will be even easier when all money is digital
  3. W

    Best country for a trader

    For anyone worried about speed .. if yiur using an algo .. then a VPS can be rented for 20 to 50 USD a month or there abouts that means your algo has no latency issues. My question is more related to which banks are accepting money from brokerages. That seems to be the limiting factor.
  4. W

    Big debt in foreign bank

    Most jurisdictions have a 6 year limit. If you dont acknowledge the debt in writing or any any payment then the debt becomes statute barred. Typically if they know you are offshore for such a small amount then it's an email or phone call harrassment deal . After 6 years , although the debt is...
  5. W

    CRS-Reporting in Northern Cyprus?

    Hey Rey, I have had no luck with Euro Deniz. My latest attempt to transfer money out of them has now been 4 weeks with multiple emails from myself to get the funds out. They have replied that they will see why there has been a delay.. that's almost 2 weeks ago. Sadly .. they have been very...
  6. W

    How to Avoid CRS - 3 Options as of 2019 - 2025

    Easy to open .. not easy to get your money out ie expect to wait months for transfers to be actioned.
  7. W

    Need Advice - I screwed up, and i don't have money for taxes..

    Did this in my 1st year if business. Soent mybtax money then had to work like a lunatic to make tax money and life money to make the payment. Didnt have to ask for a payment plan as work was coming in at the time but I learnt a big lesson . Put say 20% of any invoice in an account called tax ...
  8. W

    Is Euro Deniz IBU Bank legit?

    They are still painful to work with .. terrible communication .. my last transfer took7 weeks before they told me that for compliance reasons they were cancelling the transfer. No explanation of what the transgression was , so I began another transfer request and 3 days later it was completed...
  9. W

    The list of non CRS countries 2019 - 2025

    Add Northen Cyprus to that list as well as they dont report to CRS
  10. W

    Is there a robot to auto trade bitcoin or ETH?

    Plenty of robots on MT4 using CFDs The trick is to find one that is profitable. It's almost easier to find a strategy that you know works and have it coded for your platform.
  11. W

    Is Euro Deniz IBU Bank legit?

    Just over 2 weeks ago for the last payment. Took a lot of emails and asking why the hold up and just being told .... compliance
  12. W

    Is Euro Deniz IBU Bank legit?

    I've had 3 deposits and 3 payments from them. The last 2 have been painful and needed constant hounding to find out what's happening. Communication is very poor .. compliance is always cited as why there is a delay but only after sending constant emails. But I have had all my funds sent to me...
  13. W

    How to get lowest taxes for self employed online gambling?

    It has a different treatment in the UK if you can get it as a form of spreadbetting.you pay the tax on the bet .. not the winnings ..
  14. W

    Bank account with Starling bank

    I was a UK resident at the time . Now I am not. If i remember it was a utility bill i had to send
  15. W

    Bank account with Starling bank

    Been using Starling Bank for about a year now - both business and personal - works a treat. They do require you to make a video and send with them etc. I got approved in about 30 mins and card sent out within a few days For business account - it was for a UK company - so that was very straight...
  16. W

    The introduction of IR35 (in April 2020)

    That was one of the reasons why I left and took a contract offshore.UK will now get zero taxes from me going forward
  17. W

    How to collect forex profits and not have to pay taxes or just a minimum tax?

    UK spreadbet account .. tax free if it's not your main source of income... only available to UK residents
  18. W

    Can we trust tide.co for online banking?

    I have used them for a couple of years for a UK business - they dont have the ability to accept foreign transfers - so its only useful for UK to UK transfers. No issue with using the App when overseas - once you have had it all approved and used in the UK - but you wont be able to do anything if...

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