Hi,
I've been approached about the potential to work on an interesting six month contract in Denmark.
One of the complications is that I would be required to go on local payroll (not entirely sure why) and pay tax in Denmark rather than invoicing from my ltd company.
I'm assuming that when self-assessment time comes next year that this would be treated as income and I might need to "top up" my UK tax and potentially pay back child benefit etc.
Also, this would mean that my ltd company would make a trading loss for the year as I wouldn't have any income going through the company.
Has anyone had any experience of this and does anyone see any other issues I might not have considered?
Cheers
Stokesy
I've been approached about the potential to work on an interesting six month contract in Denmark.
One of the complications is that I would be required to go on local payroll (not entirely sure why) and pay tax in Denmark rather than invoicing from my ltd company.
I'm assuming that when self-assessment time comes next year that this would be treated as income and I might need to "top up" my UK tax and potentially pay back child benefit etc.
Also, this would mean that my ltd company would make a trading loss for the year as I wouldn't have any income going through the company.
Has anyone had any experience of this and does anyone see any other issues I might not have considered?
Cheers
Stokesy
Comment