I am planning to take the middle east aboard IT contract for one year. And they will pay in dollar's with no taxation.
For receiving the payments, If i give my existing UK personal Barclays current bank account, does i need to pay the tax in UK? or should i open for new international bank current account to avoid the tax problem?
Also should i declare this overseas paid amount in the self assessment? Any other rules applicable for uk citizen working in aboard i.e taxes, aboard stay? please advise
For receiving the payments, If i give my existing UK personal Barclays current bank account, does i need to pay the tax in UK? or should i open for new international bank current account to avoid the tax problem?
Also should i declare this overseas paid amount in the self assessment? Any other rules applicable for uk citizen working in aboard i.e taxes, aboard stay? please advise
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