Owing UK tax as Irish resident - consequences ??

[zxcvbnm]

Ok - I am starting a new IT contract in the UK very soon.

There are these companies that assist in setting your company up with an isle of man base - and therefore having to pay very little tax.

They say it is completely tax compliant.
I'm not so sure though.

Generally it seems like a grey area whereby I would be running the risk of having a big tax bill in future years.
As far as I can see no one knows for certain.

So - my quiestion is this:
Worst case scenario I owe the UK governement a big tax bill.
However I am an irish resident.

What would the consequences be given that I am irish?

i.e. what powers would the uk giovernement have to get the tax owed off a non-uk resident?

 

[T McGibney]

Ok - I am starting a new IT contract in the UK very soon.

There are these companies that assist in setting your company up with an isle of man base - and therefore having to pay very little tax.

They say it is completely tax compliant.
I'm not so sure though.

Generally it seems like a grey area whereby I would be running the risk of having a big tax bill in future years.
As far as I can see no one knows for certain.

If this is the case, then steer well clear of this particular minefield.

Revenue authorities in EU jurisdictions have extensive powers to pursue suspected defaulters across national boundaries.