Hi Everyone,
Happy New Year to you all!
Long time lurker, first time poster.
There is a UK IT Consultancy that is working for a client in Norway. They have offered me a "six month SUBCONTRACTING contract" working four days a week in Norway (four days worse case, could be less). Mine is a one director UK Ltd Company.
From what I have read (1) there's no point using the UK Ltd in Norway, best to work as an employee of a Norwegian umbrella (2) my whole day rate will be subject to Norwegian taxes (so not the salary I pay myself from my UK Ltd but the full day rate, ouch).
My question is I have seen mention of doing things differently, paying less Tax or paying tax back in the UK and not Norway, if (1) you are subcontracting to a UK firm or (2) you are a two director UK Ltd Company. Does anyone know if there is any truth to these statements and can point to some documentation? When I say "seen mention" I mean statements in spurious threads, nothing more tangible.
I intend to seek independent advice from a Norwegian accountant but thought I would post here also.
Cheers Everyone
Happy New Year to you all!
Long time lurker, first time poster.
There is a UK IT Consultancy that is working for a client in Norway. They have offered me a "six month SUBCONTRACTING contract" working four days a week in Norway (four days worse case, could be less). Mine is a one director UK Ltd Company.
From what I have read (1) there's no point using the UK Ltd in Norway, best to work as an employee of a Norwegian umbrella (2) my whole day rate will be subject to Norwegian taxes (so not the salary I pay myself from my UK Ltd but the full day rate, ouch).
My question is I have seen mention of doing things differently, paying less Tax or paying tax back in the UK and not Norway, if (1) you are subcontracting to a UK firm or (2) you are a two director UK Ltd Company. Does anyone know if there is any truth to these statements and can point to some documentation? When I say "seen mention" I mean statements in spurious threads, nothing more tangible.
I intend to seek independent advice from a Norwegian accountant but thought I would post here also.
Cheers Everyone
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