Urgent help: Restrictions under Tier 2 General

[nirvana_karma]

Hello everyone, I would appreciate if someone could provide me advise on my specific query which is two fold: immigration restriction and tax implication.

I work under Tier 2 General Visa currently. I have recently bought few web domains and I am building some platforms on the top of them. The idea is to get the platforms running and sell them once they attain a decent market value. My Tier 2 Visa role is in a different domain all together. My query is whether my status as being on Tier 2 General Visa puts any restriction on me monetising such web assets. A direct correlation would be that I also own a house (a physical asset as against an intangible asset like web domain) and if the house goes up in value, I have no restriction in monetising it. I could be paying, in my opinion some capital gain tax same like if I sell a house. I could also register a company and park these web domains under that company with the idea that when I sell them, the company is subject to tax implications. Whether the tax implications are through personal Capital gain or by way of the tax on the income of the registered company, I want to be sure whether they fall into any restrictions under Tier 2 General Visa rules.

So to summarise:

Whether there are any restrictions on buying/selling web domains considering that my Tier 2 Visa is linked to a completely different role (current job)

Can I register a ltd company and become its sole director under Tier 2 General Visa and later file tax returns for any potential gains.

Would appreciate your advise on this. Thanks a lot in advance!

Kind regards
H

[iworker]

No simple answer for this.
IMO, u can buy, sell, run, maintain these domains.
However, u cant register a company and be a director of it.

[nirvana_karma]

Thanks a lot for replying. So selling them and paying capital gain tax is the right approach to go? How much would be the CG tax?

[iworker]

That would be a tax and accounting question, which is not suited for immigration forum.
Do u have a partner? register a company on their name and go about from there