Re: Power to the multitude
I'm guessing most contractors couldn't afford the initial legal fees to start off-shoring their income
It's not so much the fees as being a UK resident for tax purposes; having your income paid via an off-shore entity is tax evasion.
However, you could set up an off-shore entity and avail yourself of the double Irish with a Dutch sandwich (although the door is closing on this arrangement), so that your company has to pay branding fees etc. to an off-shore entity, which would reduce your UK tax bill. Although I suspect the setup and annual operating fees would exceed any tax saved for a typical contractor.