Complicated subject line for complicated situation ;-)
I am still UK resident but effectively out of the country since 4 month.
I am about to take a contract via a UK agency. The client is in Canada, but the work is almost exclusively remote based (no need to register for residency or start a company in Canada).
I will deliver the work from central America. And as soon as I sign the contract I will inform HMRC that I leave the UK for good.
Now the question: what are the options to contract with the UK agency?
- I have my UK limited company, but I find it unfair to pay corporation & dividends tax in a country where none of the work is done.
- I am thinking of creating a Cyprus company for that purpose but the UK agency doesn't seem to like this option. I agree the work wouldn't be done in Cyprus, but on the paper I don't see this as more dodgy as working through a UK limited company who would do no work in the UK.
Keen to hear your thoughts on this one.
I am still UK resident but effectively out of the country since 4 month.
I am about to take a contract via a UK agency. The client is in Canada, but the work is almost exclusively remote based (no need to register for residency or start a company in Canada).
I will deliver the work from central America. And as soon as I sign the contract I will inform HMRC that I leave the UK for good.
Now the question: what are the options to contract with the UK agency?
- I have my UK limited company, but I find it unfair to pay corporation & dividends tax in a country where none of the work is done.
- I am thinking of creating a Cyprus company for that purpose but the UK agency doesn't seem to like this option. I agree the work wouldn't be done in Cyprus, but on the paper I don't see this as more dodgy as working through a UK limited company who would do no work in the UK.
Keen to hear your thoughts on this one.
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