A team of TMI's or an OY? What are the tax benefits?

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Rosamunda
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Re: A team of TMI's or an OY? What are the tax benefits?

Post by Rosamunda » Wed Aug 12, 2009 10:56 pm

dubliner wrote:
Bill for work done in Finland or Dubai ------ sent to a Dubai Limited Company account ------ The the Dubai Limited then pay's for services from TMI's here in Finland
This sounds very dodgy from an ALV point of view. If the services are rendered and consumed in Finland then they are liable for ALV. You would have to discuss this with an accountant or Vero.



Re: A team of TMI's or an OY? What are the tax benefits?

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Pursuivant
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Re: A team of TMI's or an OY? What are the tax benefits?

Post by Pursuivant » Wed Aug 12, 2009 11:03 pm

Ky used to be a quite popular form back in the day, mainly as OY needed the capital and Ay only offered the liability.
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raamv
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Re: A team of TMI's or an OY? What are the tax benefits?

Post by raamv » Thu Aug 13, 2009 1:55 am

OY seems to be best option...But the OPs seen hell bent upon non-payment of Insurance and Pension and also tax !!
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Mook
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Re: A team of TMI's or an OY? What are the tax benefits?

Post by Mook » Thu Aug 13, 2009 10:08 am

Pursuivant wrote:TMI means you get your ass in a sling. AY means your friend gets your ass in a sling. OY means... no sling.
Perhaps you can trust yourself not to get your ass in a sling, but can you trust your friend?

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Pursuivant
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Re: A team of TMI's or an OY? What are the tax benefits?

Post by Pursuivant » Thu Aug 13, 2009 12:25 pm

I would trust myself only if I hadn't studied to be a merkonomi... I know how much I don't know :lol:
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Re: A team of TMI's or an OY? What are the tax benefits?

Post by Upphew » Thu Aug 13, 2009 7:39 pm

penelope wrote:The only Ky I have noticed around here seem to be transport companies or plumbers. So, I guess they are family businesses.
And Lidl. Ky doesn't have to tell so much about it's finances and doings as oy must.
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