Thread: Business Doing business in the UK
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Old 01-09-2023, 01:04 PM  
Tasty1
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Join Date: Jan 2005
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Originally Posted by loveparade View Post
Hi! I'm a refuge from Ukraine and currently I'm in the UK. I have an adult website and get some money on my paxum account from AdultForce and a few more similar sponsors. Is it legal to withdraw cash from an ATM with Paxum card (UnionPay) here in the UK? Will financial monitoring be interested in me if I withdraw 10000 gbp per month for example? I think I should pay taxes. I'm here more than 6 months, so I guess I should be a tax resident already here. In fact, I don't mind paying taxes, I just don't know how to do it right. In fact, I want to be legal here, show income, pay taxes, I want to be able to buy some real estate in the future for example. To buy something or rent an apartment I need to have some legal income. Do you think it is possible to register some company and receive it to the bank account? Either directly by a wire transfer from sponsor or from Paxum account. Should I explain to the bank what exactly these translations are? I mean I don't think I will be able to explain this is porn business. Is it possible to receive it like a payment for the development of design or software? Or there is some easier way? So, in general, how do you do it here in the UK? Thanks!!!
Just go to Europe / other country a few months so you don't become tax resident in the UK.

Or do you really want to live in that climate?
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