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Introducing Dolores: Dolores is a fashion model from Spain, who has been in the modeling business since the tender age of eighteen. Seven years on in the fashion business, she now lives in London, and is 25 years old. She travels throughout the world for about ten to fifteen days every month to work on photo shoots. The rest of the time she spends in London. Notting Hill office: Dolores has recently bought a house in Notting Hill, as prices have been down significantly. There she has a small office in the basement. Dolores has a company called "Dolores", which employs a few people who work in the Notting Hill Office: herself, a marketing specialist, and a secretary. New venture and staff: As a new venture Dolores wants to set up a company that sells beauty and fashion products over the Internet. She has therefore employed the marketing specialist, who is working on this project. The secretary maintains Dolores’ agenda, her diary, etc. Dolores’ Non Dom situation: What is significant about Dolores situation is that - She is a foreigner to the UK
- She lives in London
- She makes a lot of money overseas
The total income that Dolores generates per year is £500,000. Two thirds of this income is generated outside the UK. As long as she does not remit those funds back to the UK, that money is not taxable in the UK. 
It may be that Dolores has to tax it in another country, but as long as she doesn’t remit it back to the UK, it is essentially tax free. This only work for the first seven years whilst in the UK, after that it gets more complicated.
St Matthew eAccounting helped Dolores start up this module to optimize her taxes using the Non Dom scheme.
The company Dolores in the UK: In order to help Dolores, St Matthew eAccounting set up a UK named company for Dolores, where she is a regular employee together with the other staff she employs. She receives a normal, yet substantial salary through the company, which allows her to maintain herself, pays for the mortgage and covers other everyday financial necessities.
The name Dolores in the World: In addition to this she has been building a client base for all the work she does outside the UK directly with her own personal name, without using the company. All income generated here goes to an overseas expense account that she has in a different country. Obviously, none of this money is ever remitted back to the UK.
Dolores is considering leaving the UK in a number of years and then take these funds to sustain her after her modeling career.
How we help Dolores: The services we provide for Dolores are essentially quite basic: accounting, bookkeeping, statutory services, and payroll for Dolores and the two employers, help with accountancy and tax inquiries she might have. We do Dolores personal tax returns and deal with any inquiries from the revenue in regards to her personal income or the situation of the company.
The Non Dom consultancy was a bigger project as we needed to make sure all the legal aspects of her situation were absolutely right, so specialized accountants were able to come up with this solution that is working out very well.
 Find out more about our services: To find out more about how the Head Office London, Personal Tax and Non Dom Advice Service that Dolores is using with us could fascilitate your own business situation, we invite you to join us in an initial consultation over the phone. This includes an assessment and analysis of your situation. Our services apply to many business related situations, however, if we come to the conclusion that our service is not the right solution for you, we will not take you on as a client.
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