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Warning to any noobies working abroad anywhere (eg Zurich belgium amsterdam dubai )

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    #51
    Originally posted by YHB View Post
    Hope this clears things up for future searches.
    A vain hope. Best thing - leave the UK and never return.
    Down with racism. Long live miscegenation!

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      #52
      Originally posted by YHB View Post
      The overseas article refer to Capital consulting as the author (recruiter), think they mean Capital tax consulting as per banner.

      So took a look at the site and
      http://www.capitaltaxconsulting.com/...dency-example/

      An illustration of the complexities of tax residency rules:

      John Smith, a British national, takes a consulting assignment in France for one year, starting 1st May 2006 . Because he will be there for more than six months he is immediately considered to be tax-resident in France and pays his tax in France in line with French legislation.

      However, in order to become UK tax non-resident, John needs to be out of the UK for at least one full UK tax year. As the assignment started on 1st May 2006 , he therefore needs to remain out of the UK until after the beginning of the new tax year in April 2008.

      Clearly, with a one-year contract, this will not be the case. John remains UK tax-resident therefore and will very likely have to file a UK tax return.

      The result is that he will pay tax in France on his income and he will also be assessed in the UK on this income, but his UK tax will be reduced by the amount of French tax already paid. However, if the UK tax works out higher on this same income, he will have to pay the difference in the UK .


      Hope this clears things up for future searches.
      Mr Smith
      You dont know whats going on
      Do you Mr Smith ?


      Then mild mannered Mr Smith - weary of grey slates golf courses and gourmet cooking replied with two fingers in the air ;

      'Watch the Police and the Taxman miss me '

      ...and that was the end of Mr Smith.

      PS Which serves him right for being so dim as to pay the Frogs his hard earned wonga.
      Last edited by AlfredJPruffock; 6 November 2008, 19:04.

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