Paypal

[cosmic85]

HI, long time reader but first time poster 🙂
I receive around 4/5k per month on PayPal from online services
At the moment I use leupay but worried about tax etc, I dont leave much in the account at any time

Not sure the best option for me.. would it be none AEIO account?
an created account with darks? l

I am willing to travel to open but also read that UK lTD can open a bank account I could use to withdraw the money?

THanks and regards

 

[Emily Rimlins]

Hello!

Try www.settlego.com

They are like LeuPay but much easier and simpler to open an account with. They give you your own EUR IBAN to receive wires!

Good luck!

Em

 

[navigator]

Emily Rimlins said:
Hello!

Try www.settlego.com

They are like LeuPay but much easier and simpler to open an account with. They give you your own EUR IBAN to receive wires!

Good luck!

Em
Click to expand...

They won't report under the AEOI?

 

[Luigi]

cosmic85 said:
HI, long time reader but first time poster 🙂
I receive around 4/5k per month on PayPal from online services
At the moment I use leupay but worried about tax etc, I dont leave much in the account at any time

Not sure the best option for me.. would it be none AEIO account?
an created account with darks? l

I am willing to travel to open but also read that UK lTD can open a bank account I could use to withdraw the money?

THanks and regards
Click to expand...

Have you tried to open a business bank account in the UK? Firstly you need an appointment with the branch director, secondly you need proof of address, third he will interrogate you, and if you miss 1 question no accounts are open.
Whenever the bank asks you why you want to open a Bank Account in the UK remember that for avoiding taxes is not an answer.

 

[navigator]

Luigi said:
Have you tried to open a business bank account in the UK? Firstly you need an appointment with the branch director, secondly you need proof of address, third he will interrogate you, and if you miss 1 question no accounts are open.
Whenever the bank asks you why you want to open a Bank Account in the UK remember that for avoiding taxes is not an answer.
Click to expand...

UK banks will report him to his home country's tax authorities under AEOI so not sure if it would be a solution.