One of my customers, a multi millionaire, has given me the secret to being wealthy in the UK... Start a limited company, making sure that it has no assets (those are in the name of another limited company), buy a lot of stuff on credit & sell it to the holding company at knock down price, or do whatever you want with it, and after 1.5 years, the company goes bankrupt & the creditors lose everything while you are left free to do the same thing all over again - bearing in mind that you will not be able to be a director of another limited company, for 5 years, but this does not stop you from restarting another company with your wife or kiddies....
And who said "Honesty does not pay"....
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