I've been contacted by a UK agency about a possible 6 month role in Amsterdam, and I was wondering if being paid by the agency in Sterling to my Ltdco means I can avoid the local tax system?
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Curious about the Netherlands
Collapse
X
-
-
Originally posted by teclo View PostI've been contacted by a UK agency about a possible 6 month role in Amsterdam, and I was wondering if being paid by the agency in Sterling to my Ltdco means I can avoid the local tax system? -
Originally posted by fckvwls View PostSeems to me like you have extensively researched the subject and will be making an informed decision in the best interests of both yourself and your Limited Company. Boomed huh. Easy game thisComment
-
Originally posted by teclo View PostIf by extensively you mean, just started looking into it as I'm just off the phone with the agent, then yes. Very extensively..'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
-
Originally posted by northernladuk View PostMake sure your next call is to your accountant then. After that use the search button for Netherlands or Amsterdam.
To the OP *adopt NLUK mode* seriously did you really ask a question about tax avoidance?
you cannot avoid tax in NL, you will be registered for tax there from day 1 and you will pay taxes there.
you can use your limited but you need to provide certain info to the belaingdienst to do so, you will also need to register for a SOFI number and then a BSN number (as you exceed a duration of four months)
Speak to an accountant who actually knows what they are talking about the Dutch tax laws are complex especially in respect
Do some research and if you need the number of a Dutch accountant who can give you advice pm me. But don't PM me until you have researched the subject.Comment
-
Conceptually, it isn't that difficult. Taxation of a person is generally based on a test of residency and often applies to worldwide income. Taxation of a corporation varies and is generally more complex (you can also think in terms of corporate residency, but the rules involve things like central management and control). You're a person, foremost . You also have a company. Thus, you have two separate headaches. There are many threads here on this and related topics. It's good to familiarize yourself, but ultimately you need a professional with cross-border tax experience.Comment
-
Ah no I didn't ask about Tax avoidance. I was just wondering how it all worked, agent said that my ltd would be paid in £ in the uk but when I read about it, I'm finding it all a bit mixed. No you can't use your own Ltd over there; yes you can but for only 3 months..
I was just wondering if anyone had any recent experience.Comment
-
Originally posted by teclo View PostAh no I didn't ask about Tax avoidance. I was just wondering how it all worked, agent said that my ltd would be paid in £ in the uk but when I read about it, I'm finding it all a bit mixed. No you can't use your own Ltd over there; yes you can but for only 3 months..
I was just wondering if anyone had any recent experience.
And don't listen to what the agency will say as they will spin a load of BS to get you to use an unbrella.
I live in cloggers and have a Dutch accounant that is well versed on european tax law and also has knowledge of the use of a UK ltd when conducting business in NL.Comment
-
Here's a useful link:
Contracting in the Netherlands
Two things of note:
Non-resident individuals are taxed on certain Dutch-source income only, mainly income from employment, directors’ fees, business income and income from Dutch immovable property.
Your company will only be liable to Dutch corporation tax if it has a permanent establishment in the Netherlands. Whilst this is generally an office or branch, a permanent establishment can also be deemed to exist if the actual operations take place in the Netherlands.
Just be aware of these risks. We regularly get "help I'm f***ed* posts from contractors who get into hot water with the tax authorities, i.e. working via their Ltd in a foreign country without registering. The safest way to deal with it is to tax yourself in the Netherlands. If you are not tax resident, you will most likely not be subject to social security and will probably not be paying the full rate of tax.
That's not to say that you can't work through your Ltd, but it does depend on whether you wish to be risk free or take your chances.I'm alright JackComment
-
Thanks norrahe, I'll have a deeper look into over the next couple of days and see if the agent comes back with anything good. cheers.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Comment