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  1. Deciding between Senior Data & AI Engineer and CTO at Dutch tech startups (perm)

    I was a contractor from 2012 till April last year, mostly in London for investment banks. I then took a perm role which I'm leaving next month, and have a number of perm offers on the table. Bear in...
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    https://memegenerator.net/img/instances/76801657.j...

    https://memegenerator.net/img/instances/76801657.jpg
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    Hardly quibbling. The use of

    Hardly quibbling. The use of <= instead of = was clearly an important detail I deliberately intended to include. M > N is outside the scope of the discussion.


    Reactive. But your general language...
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    I fully accounted for it. See my earlier reply...

    I fully accounted for it. See my earlier reply to northernladuk.


    The "formula" was intended to be a refutation of northernladuk's illogical statement, not an absolute rule (although it could...
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    I agree with this statement (given 'couple of...

    I agree with this statement (given 'couple of quid' means 'insignificant amount'), but that's got very little to do with (or is a very narrow aspect of) what we just discussed.
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    You're assuming everyone is as emotional as you....

    You're assuming everyone is as emotional as you. You're also assuming the relative values and ranges of X and Y. And you also assumed the reasons for M <= N, and ignoring (or not noticing) that I...
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    Accountant 1: 100% accurate. Charges X. Tax = M....

    Accountant 1: 100% accurate. Charges X. Tax = M. Net income = A.
    Accountant 2: <100% accurate. Charges Y. Tax = N. Net income = B.

    If X > Y and M <= N and B > A, then 'not perfect and cheaper' is...
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    What ridiculous logic.

    What ridiculous logic.
  9. Thread: Airbnb as a Plan B

    by Neo
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    #snowflake

    #snowflake
  10. I earn over £20k in the UK once salary, dividends...

    I earn over £20k in the UK once salary, dividends and rental income is added up, but not on salary alone. I'll look into the £1200 visa application option then. At £702 per month (my accountant's...
  11. Thanks for the replies. My hope was that she...

    Thanks for the replies. My hope was that she could pay taxes in the UK and not pay taxes in the Netherlands due to the double taxation agreement, thereby benefiting from both allowances. However,...
  12. Non-UK Resident and Non-EU Citizen Spouse as Salaried Employee in Holland?

    I wish to employ my spouse as a salaried employee in my UK limited company. She's a non-EU citizen, resident in Holland where she has a work permit, and never lived in the UK. Is it possible to...
  13. Does a UK-issued EHIC apply abroad if working under UK limited company?

    According to this NHS webpage on the EHIC, if you live abroad in an EEA country, you're entitled to a UK-issued EHIC if you are a worker posted to work there by your UK employer.

    So, does it count...
  14. Thank you for your comprehensive reply. Let me...

    Thank you for your comprehensive reply. Let me provide some more detail.

    First, the Dutch payroll company has referred to the part payment to my limited company as a 'management fee'. I'm not sure...
  15. There are four entities in the chain - me, the...

    There are four entities in the chain - me, the payroll company, the agency, and the client. Standard setup I guess. What they've told me is that if I did not pay tax due, it would fall to the agency...
  16. Accounting / Legal. Better in Business /...

    Accounting / Legal. Better in Business / Contracts forum?
  17. No, but I see they're a Panama-based company and...

    No, but I see they're a Panama-based company and their services described here may be useful for me. Is this what you were hinting?
  18. Tax Considerations for Netherlands Contract under UK Limited Company

    I have been offered a contract in the Netherlands and I understand I could work in one of the following ways:

    Under my own BV (Netherlands limited company).
    Under my UK limited company.
    Via a...
  19. Thanks again for that, ContrataxLtd. I've just...

    Thanks again for that, ContrataxLtd.

    I've just read RDR3 and I am classed as UK resident for the current tax year under the second automatic UK test because I had a home in the UK for at least 30...
  20. Thanks for clarifying, ContrataxLtd. I should...

    Thanks for clarifying, ContrataxLtd.

    I should also add that I will also benefit from not having to pay the 10% CGT as I am non-resident and intend to be for at least the next five complete UK tax...
  21. Not quite. The director's loan can be set off...

    Not quite. The director's loan can be set off against the company's reserves so it doesn’t need to be repaid back to the company.

    @stek - pls stop arguing.
  22. Thanks, Maslins. I'm not dismissing S.455...

    Thanks, Maslins.

    I'm not dismissing S.455 without basis, but you mentioned that I "may argue that doing the capital distribution within 9 months of the period end that the loan was taken should...
  23. Maslins understood clearly. You didn't. And...

    Maslins understood clearly. You didn't. And please see the 'PS' in my first post.
  24. £65,000 retained profit per my first post.

    £65,000 retained profit per my first post.
  25. Thanks, Maslins. I intended to use your company...

    Thanks, Maslins. I intended to use your company before I posted, but I'm aware of the issues re repayment of a director's loan, hence the post. Contrary to DaveB's reply, my understanding was that...
  26. Can I liquidate my company with an MVL without repaying the director's loan?

    I am looking to close my company via an MVL but the DLA balance is £62,007. I understand many liquidators require that all debts be repaid before getting involved in case of unexpected liabilities. ...
  27. BlasterBates - thank you for your reply. The UK...

    BlasterBates - thank you for your reply. The UK and Mauritius have a DTT, so I think some of the ground rules for residency are laid out there, and it appears that I may get full relief from property...
  28. Moving to Mauritius, 3 UK properties, limited company, tax efficiency

    I'm moving to Mauritius next month (June) to start a new role in a permanent position, therefore I will be leaving contracting for the time being.

    However, I'm considering retaining my limited...
  29. Thread: Latest News

    by Neo
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    WTFAYOA

    WTFAYOA
  30. Thread: Latest News

    by Neo
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    3,889

    This is the Internet. No one is real. :alien

    This is the Internet. No one is real. :alien
  31. Thread: Latest News

    by Neo
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    Whatevs :zzzz: Think you'll find a profile...

    Whatevs :zzzz:


    Think you'll find a profile with only one post can't delete their post, hence why I requested its deletion along with the others. Guess your 'incompetence' and 'idiocy' remark has...
  32. Thread: Latest News

    by Neo
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    I accidentally logged in with my redundant test...

    I accidentally logged in with my redundant test account. I've asked 'tech' to delete posts 14, 15 and 18 to tidy up the thread; and now 26 and 27 should be deleted too.

    Edit: In fact, could a mod...
  33. Thread: Latest News

    by Neo
    Replies
    36
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    3,889

    Ha ha! Partying in Basingstoke, if you've seen...

    Ha ha! Partying in Basingstoke, if you've seen the quality of girls there, is enough to make any man turn gay, as all the awesome ones (MyUserName's wife included) are taken.

    Thankfully, I remain...
  34. Thread: Latest News

    by Neo
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    Yeah, yours.

    Yeah, yours.
  35. Thread: Latest News

    by Neo
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    Ha ha! Thanks for the text. Yes, it's me in...

    Ha ha! Thanks for the text.

    Yes, it's me in the article, and as for the trouser snake... well, if you knew what I did for a living many years ago, you wouldn't have to ask ;)
  36. Thanks for the info. With my situation, I think...

    Thanks for the info. With my situation, I think the 30-day rule is one thing, but I also think relief would be denied for the other reasons you mentioned concerning rolling the benefit and making a...
  37. Repaying a previous year's Director's Loan after further Director's Loan taken

    If a Director's Loan of £5000 was taken in 2012/13 accounting year and then further director's loans were taken in the 2013/14 accounting year totalling £25,000, to avoid paying Corporation Tax on...
  38. OK, an update, and thanks for all the replies so...

    OK, an update, and thanks for all the replies so far. Although oliverson's post is laden with uninformed presumptions, so ignore on that one.

    rambaugh and fraymond - totally agree with you!
    ...
  39. northernladuk... Your posting history doesn't...

    northernladuk...
    Your posting history doesn't tell me you're cut out for making accurate judgments - can't imagine how you make life or work decisions based on very limited information.
    ...
  40. northernladuk - do you even have a job or a...

    northernladuk - do you even have a job or a brain? Do you live in the real world? Are you that gullible to think crystal balls exist or when someone asks for one, they really want one or think...
  41. lol @cojak comment LatteLiberal - yes, you may...

    lol @cojak comment

    LatteLiberal - yes, you may be right. I just don't know if I'm up for such a risk with such unknown factors.

    If they sell the company for £10m in three years, I get £200k. ...
  42. JamJarSt... Predictable. Boring. BrilloPad......

    JamJarSt...
    Predictable. Boring.

    BrilloPad...
    Yes, but some IBs or some departments within IBs are like the Wild West, too. Where I am now (an IB) is exactly like that! MF?

    northernladuk......
  43. Small Co. CTO vs. Hedge Fund Contract vs. Investment Bank Perm

    As the title pretty much says, I'm trying to compare three offers I have on the table as to which to take, and would like some opinions...

    1. CTO at small company (23 people). Salary is 18% lower...
  44. This is becoming an academic and wasteful...

    This is becoming an academic and wasteful discussion on semantics. But, to be clear, yes, I would say that I have employed a plumber to fix a leak. He is now employed by me to do something. From a...
  45. kingcook, yes I will indeed call the IB my...

    kingcook, yes I will indeed call the IB my employer because, from the dictionary definition...

    em·ploy/emˈploi/
    Verb: Give work to (someone) and pay them for it.

    Legally, or technically, my...
  46. Much better :) Constructive answers. pmeswani,...

    Much better :) Constructive answers.

    pmeswani, to address your post - yes, there is plenty of conflicting statements in the replies on this topic. Some have specifically said I will get MOO'ed and...
  47. Good to see all the usual arrogant t***s on here...

    Good to see all the usual arrogant t***s on here spouting like they know everything jockeying at their keyboards and belittling everyone in their path with their cocksure opinions.

    No, this is not...
  48. QDOS reviewed it. However, I honestly can't...

    QDOS reviewed it. However, I honestly can't check about this MOO clause right now as I don't have the contract to hand. I imagine it probably has it, but I don't think it will apply here based on...
  49. OK, everyone's making massive assumptions here...

    OK, everyone's making massive assumptions here and clearly lots of ego being conveyed.

    I need real advice here guys, not arrogance and smarminess. The issue is pressing.

    I have the OPTION as...
  50. I will still come into work unless specifically...

    I will still come into work unless specifically ASKED not to.
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