Hi Folks, We all know that a lot of IM'ers around the globe are banking and not paying taxes. That's ok if you spend a lot of time in tax havens etc. For us who are based in UK need to pay quite a nice chunk of our profit to government. I am ok with paying it as I do not to mess with HMRC (who wants) , however I am interested in reducing tax legally. I had several meetings with my accountant and he said its better to leave most of the profit in PP which seems like tax evasion to me lol. I know in US PayPal reports to IRS if theres more than $20k generated. So the question would be: is there any loopholes etc. in UK tax Law which would help to reduce taxes legally? Feel free to share your experience/knowledge. No trolling please.