Hi guys,
I may have the opportunity to work a 6 month contract (184 days) in Barcelona for an overseas employer in the near future, but there are one or two things I’m uncertain about and was wondering if I could query the contractoruk hive mind?
I was thinking of going through an umbrella company whilst working out there, simply because Im unfamiliar with Spanish tax laws (which admittedly I’m still researching).
Does anyone have any experience of contracting in Spain, and if so, what sort of arrangements did you make with regards to tax and the like, and did you have to pay tax in Spain AND the UK?
With regards to the income I receive, the direct.gov site says "you'll only pay tax on earnings you bring into the UK - it makes no difference whether or not you're ordinarily resident" - does this mean that if my income gets paid into a UK bank account via an umbrella company, I’ll get hit for tax in Spain, and tax in the UK? Similarly, if I get paid into a Spanish bank account, Ill only get hit once for tax? If I transferred the money via a bank transfer at a later date into a UK account would that still be liable?
Finally, does anyone have any umbrella companies that they could recommend that deal with overseas contractors? I was looking at http://www.cpmgroup.co.uk but have no idea what they are like!
I'd be most grateful for any advice guys.
Many thanks!
I may have the opportunity to work a 6 month contract (184 days) in Barcelona for an overseas employer in the near future, but there are one or two things I’m uncertain about and was wondering if I could query the contractoruk hive mind?
I was thinking of going through an umbrella company whilst working out there, simply because Im unfamiliar with Spanish tax laws (which admittedly I’m still researching).
Does anyone have any experience of contracting in Spain, and if so, what sort of arrangements did you make with regards to tax and the like, and did you have to pay tax in Spain AND the UK?
With regards to the income I receive, the direct.gov site says "you'll only pay tax on earnings you bring into the UK - it makes no difference whether or not you're ordinarily resident" - does this mean that if my income gets paid into a UK bank account via an umbrella company, I’ll get hit for tax in Spain, and tax in the UK? Similarly, if I get paid into a Spanish bank account, Ill only get hit once for tax? If I transferred the money via a bank transfer at a later date into a UK account would that still be liable?
Finally, does anyone have any umbrella companies that they could recommend that deal with overseas contractors? I was looking at http://www.cpmgroup.co.uk but have no idea what they are like!
I'd be most grateful for any advice guys.
Many thanks!
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