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Thread: Growing & selling in Colorado and bringing the money back to the UK?

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    Default Growing & selling in Colorado and bringing the money back to the UK?

    Hi I live in the UK and have started growing in Oregon, where I am fairly often for work purposes. For now all the money goes into my US bank account (opened to avoid fees when I'm there) and pay taxes on it accordingly after hiring an accountant to show me the ropes. However I want to start bringing this money back to the UK because I am here much more often. How should I go about doing this legally? Would it count as taxable income? I've looked at sites like this tax calculator (income-tax.co.uk) to see how much I'd pay and it's not an insignificant amount with my current tax band. Could anyone advise?

    Cheers

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  3. The Following 5 Users Say Thank You to Bud Lightyear For This Useful Post:

    AND (05-06-18), Ben.g (05-06-18), Blue (05-06-18), GEORGE (05-06-18), M_C (05-06-18)

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    That was a mad post.

    I can barely launder my clothes never mind drug money!

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    GEORGE (05-06-18)

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