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Type: Posts; User: lecyclist

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  1. Replies
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    How did you do this year? Billing around 220...

    How did you do this year?
    Billing around 220 days. Higher than normal for me.

    What went well:
    After a 6 month break 2019, secured a contract in London (energy sector) starting January. Enjoying...
  2. Really interesting thanks - a quick browse of...

    Really interesting thanks - a quick browse of Dice confirms what you said.

    Not appealing to me due to my European timezone and family commitments, but if I was single I would consider relocation...
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    If your skill is in an area where your...

    If your skill is in an area where your counterpart working for the vendor charges €2K a day, there is always an arbitrage contracting opportunity somewhere, with space for your rate, an agent, and...
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    Practical advice for the OP. If you can choose...

    Practical advice for the OP.

    If you can choose location, and want to maximise salary retention, Zurich is preferable.

    Other factors to consider are language skills (do you speak German or...
  5. Replies
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    As this thread heads towards 1M views, it proves...

    As this thread heads towards 1M views, it proves the saying that "misery loves company".

    For anyone struggling to find a contract, or in a dark place mentally, it's fair to say this thread will be...
  6. Replies
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    Exactly. Although the eighth circle of hell is...

    Exactly. Although the eighth circle of hell is reserved for those posters that understand that daily rate is just a number, and it is how retention is maximised that counts
  7. Do you know that guy in your project who is...

    Do you know that guy in your project who is smart, and could learn to do anything, if he wasn't so lazy that he expected relative strangers to make his life easier? Even when you give him advice, he...
  8. Replies
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    1. It's never going to happen. The UK cannot...

    1. It's never going to happen. The UK cannot deviate too far from the EU CT mean due to transfer pricing incentives.
    2. If it does happen (as part of an EU trend on CT uplift) there will be...
  9. Replies
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    Would just like to agree with the other posters...

    Would just like to agree with the other posters regarding Zurich as a place to live. The lifestyle is fantastic. Andermatt, Gotthard Pass (think Tour of Switzerland, and one of the most spectacular...
  10. Replies
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    9,362

    Have you taken the "contractor mentality" (patent...

    Have you taken the "contractor mentality" (patent pending) questionnaire?

    1. Is your profession simply a way to make money to fund other interests.
    2. Do you agree with the saying "The saddest...
  11. Last time I heard from them was in 2017 or 2018,...

    Last time I heard from them was in 2017 or 2018, concerning a contract with Santander in Netherlands. I sent my CV over, and the agent told me, "I see your last contract was only for 1 year. We...
  12. I agree with BB concerning a multiple company...

    I agree with BB concerning a multiple company setup. There are many advantages related to conducting business through companies in multiple tax jurisdictions. The simplest one concerns corporation...
  13. Replies
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    Not the highest, but best rate was £625 per day,...

    Not the highest, but best rate was £625 per day, 2011-2013 working in Denmark for a consultancy. Exchange rates were good, I lived in a serviced apartment with 2 other cool guys, expensed everything...
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    What is preventing you, assuming you plan to open...

    What is preventing you, assuming you plan to open another Ltd, opening a second Ltd. 6 months say before an MVL, and then doing the MVL on the first company? You already have a Ltd. open, but I...
  15. Replies
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    4,509

    deepblueuk, I'm in a similar position in the EU,...

    deepblueuk,
    I'm in a similar position in the EU, with many years of non-residence, working for a UK client through my own UK limited company, with occasional site visits to the UK.

    Assuming you...
  16. Great post, should be a sticky. Pretty much the...

    Great post, should be a sticky. Pretty much the same experience I had there.
  17. Replies
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    4 week shutdown at the UK FS co where I work....

    4 week shutdown at the UK FS co where I work. Taking an extra week off, 1 week working from home both sides, 7 weeks with the family. Can't wait.
  18. I was speaking to a tax advisor about a gig in...

    I was speaking to a tax advisor about a gig in Frankfurt earlier this year, and he suggested the criteria for getting freiberufler (freelance) status had become more stringent since beginning of...
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    "Good rates" are also country specific and...

    "Good rates" are also country specific and dependent on your tax setup. A flat number (unless it is very large) is meaningless without context. In Germany it used to be around €700 per day, until tax...
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    😎😁Indeed. Adding my smiles belatedly

    😎😁Indeed. Adding my smiles belatedly
  21. Replies
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    All the previous posters are missing the point....

    All the previous posters are missing the point. It all depends where your holiday destination is.

    If it's Hull, for example, i suggest HMRC will never suspect you were taking a holiday.
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    Liking the positive attitude in this thread. A...

    Liking the positive attitude in this thread. A simplistic measure i use is how long i need to work to pay all my family bills for the month. In the old days it could have been 2 weeks to pay for a...
  23. Replies
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    Everyone who finds it works for them disagrees...

    Everyone who finds it works for them disagrees with you. What was the question again
  24. RBS are garbage for currency accounts. If you...

    RBS are garbage for currency accounts. If you want online banking you need to upgrade to their pricey bankline lite package. Otherwise you need to phone to check your currency balance. And imagine.....
  25. Replies
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    Smartphone, privacy screen, Bluetooth mouse...

    Smartphone, privacy screen, Bluetooth mouse connected to phone, Earbuds, Feedly, podcasts, Rosseta stone. Whatever you prefer.

    Only you know how long you can keep it up for.

    Personally I...
  26. 1) It is a good idea to read up on the...

    1) It is a good idea to read up on the "stickiness" of UK tax residency, and the assessment procedure based on number of connections you hold. If I remember correctly, you need to watch the number of...
  27. Replies
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    VAT On Euro Invoice

    As stated there are threads already covering this that you should read. At least one of which you can find linked to my name (regarding freelance or "freiberufler" status in Germany). If you do on...
  28. No, you cannot claim for relocation. As an...

    No, you cannot claim for relocation. As an alternative, perhaps investigate the new company angle more fully. As a minimum, to see if there were transfer pricing advantages from UK to your new...
  29. Thread: AirBNB

    by lecyclist
    Replies
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    2,983

    As I recall they have a system where you submit a...

    As I recall they have a system where you submit a VAT number, they validate it, and bookings are charged NET.

    Used Airbnb many times, predominantly in Europe. Only bad experiences (2 times) were...
  30. It may appear illegal also. However, if the...

    It may appear illegal also. However, if the dividend payment was made according to future revenue expectations, that never materialise, the requirement will be for the shareholder to repay the...
  31. Replies
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    Read the thread, "Germany the taxman cometh",...

    Read the thread, "Germany the taxman cometh", read about the cosy mutual tax sharing arrangement between the UK and German authorities , and then speak to a German tax accountant.

    There is no...
  32. Replies
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    Worth doing some reading on the ''sticky"...

    Worth doing some reading on the ''sticky" properties of tax residency: easy to get, hard to lose.
  33. +1 There are advantages to operating through...

    +1

    There are advantages to operating through split tax jurisdictions, in terms of revenue management using companies with different financial year ends and transfer pricing
  34. Replies
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    I usually offer an onsite and offsite rate. This...

    I usually offer an onsite and offsite rate. This has political mileage, for yourself and your manager. So if anyone has a go at your WFH status, you can emphasise the blended rate (without providing...
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    Assuming this is at least a semi-serious...

    Assuming this is at least a semi-serious question, and people still read threads after 7 pages.

    The most interesting factor I think is a philosophical one, and WFH gives you the opportunity to...
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    How much toilet roll can a man use?

    How much toilet roll can a man use?
  37. Hi Zippy, Hopefully someone will come along...

    Hi Zippy,

    Hopefully someone will come along shortly to give you appropriate advice.

    You really shouldn't be paying 66%, as that means on a 5 day work week, you are working almost until...
  38. Replies
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    7,086

    Indeed, nicely put. Derrek Jensen in his book...

    Indeed, nicely put. Derrek Jensen in his book Endgame, describes work as an exchange of your life (time) for money. But he puts it much better than this, saying, you are effectively selling your...
  39. Replies
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    Its time for your grandmother in Australia to die...

    Its time for your grandmother in Australia to die (again)
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    Tax breakdown for German winter gig

    Hi,

    Some feedback to the group for contractors thinking of working in Germany.

    This supplements 2 excellent linkies already available in the forum:

    IT Contracting in Germany - Money & Tax...
  41. Thanks to all for advice, especially pmasoft. ...

    Thanks to all for advice, especially pmasoft.

    LeCyclist
  42. If the taxman heard how bad I play, it would be...

    If the taxman heard how bad I play, it would be hard for him to prove I was using it regularly.

    I was considering the purpose of the piano from the company point of view was not to use it as an...
  43. Buying Co. assets - any limitations on what I can buy?

    I was reading this post that was talking about the difference between Assets and Expenses.

    Definition of an asset: (from Cojak)
    an item of property owned by a person or company, regarded as...
  44. My understanding is that it is based on elapsed...

    My understanding is that it is based on elapsed time from entry to exiting the country. The formula is different from the UK where you count days towards residency as those spent at midnight (with...
  45. Germany: Can vacations push tax into bracket for global earnings taxation?

    Hi,
    I have been working in Germany, paying tax in Germany (as a "freelancer"), and will leave after spending approximately 175 days in the country. So I will be paying tax on my services in Germany,...
  46. Indeed, that's a positive way of looking at it. I...

    Indeed, that's a positive way of looking at it. I suppose I was just observing that quite often a crap rate goes hand-in-hand with poorer work conditions. Its predictable that some managers judge...
  47. I prefer to take my holidays when I like. When a...

    I prefer to take my holidays when I like. When a manager says, "when we feel like it, we won't pay you for a few weeks to save our budget" it assumes I have no financial obligations and I'm ameniable...
  48. Last time I had to take a really crap contract...

    Last time I had to take a really crap contract was in Bristol, about 10 years ago. There was one time the project manager was driving me to the airport in his BMW 840i (love that pointy nose and the...
  49. The agency claims impartiality of course....

    The agency claims impartiality of course. Although if I was the agency's director I would ensure I was getting a kickback one way or another (MC is xxx, disguised in case they are googling...
  50. Thanks for replying. According to the agency, the...

    Thanks for replying. According to the agency, the client naturally wants to comply with German employment law. But of course the agency is nudging me towards the MC route, telling me that it is not...
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