Jul '25 • General discussion
PMA vs LTD co.
Good afternoon everyone,
I'm currently working through the structure of my private trust, private trust company and how my PMA will operate on behalf of the trust without being owned by it and transfer money between the two.
Doing some research currently and am seeing that keeping the generation of money private is a very fine line to tread, and becoming the most tax efficient would potentially require me to avoid using Stripe/Paypal or any other 'merchant' service. Can anyone shed light on this?
My understanding is a could have a sole trader set up that is engaged with to handle payments on behalf of the PMA, but not collect income, charge a small commitment each month and then have robust paperwork in place with the PMA to evidence that it is not income, and it is for the benefit of the trust.
I may have some of the wording slightly out here as I am trying to familiarise myself further with it, so my next question on this is has anyone used this set up successfully to mitigate any tax triggers? Or am i wasting my time looking into the set up because it will be a nightmare to evidence if challenged?
This is all before the coding of payments and bank deposits are navigated in order to avoid mid-high volume transactions being flagged by the bank for being 'membership contributions' or 'donations'
If anyone has any guidance on this through what you have done or what is working for you right now, your insight would be greatly appreciated.
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PMA vs LTD co.
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