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  1. Replies
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    There are countries which will issue you with a...

    There are countries which will issue you with a tax residence certificate based on very few days indeed. But if you spent e.g. 60 days in that tax base and 150 days in a country with an aggressive...
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    Of course it's possible, the problem is that it...

    Of course it's possible, the problem is that it invites a nightmare of proof. Most HNWIs will simply go the route of taking residence in a zero-tax regime, or one that doesn't tax income from outside...
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    That makes sense. But they cannot demand a...

    That makes sense. But they cannot demand a certificate of tax residence elsewhere, even though it would make things easier. It is possible -- even if probably inadvisable -- to be not tax resident...
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    This I can understand, because you then need to...

    This I can understand, because you then need to evaluate the more intricate tests and have a burden of proof. But 0 days in the UK, and able to categorically prove that? That's it. KPMG flowchart...
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    If you mark that you were not resident on your...

    If you mark that you were not resident on your SA, and can truthfully assert on in your SA109 that you spent <16 days in the UK, you cannot be tax-resident. The SRT categorically excludes this...
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    My accountant suggested to me that if you're...

    My accountant suggested to me that if you're claiming non-residency e.g. on the basis of one of the automatic overseas tests (like spending less than 16 days), it's typically up to you to prove it....
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    In many countries (certainly all of the Schengen...

    In many countries (certainly all of the Schengen states) to get a work permit requires going through an immigration process and interview at a consulate or embassy not in the country you intend to...
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    If he does it this way, billing the UK company...

    If he does it this way, billing the UK company from the Polish one for the services rendered (I’ve heard it’s better to bill about 65% in such cases), will he still need to demonstrate substance in...
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    Others sometimes refer to these threads and try...

    Others sometimes refer to these threads and try to match them to their own situation.
  10. Fair enough. If you're a UK citizen without...

    Fair enough. If you're a UK citizen without another passport though the above holds true.
  11. It's pretty simple anyway, from next year about...

    It's pretty simple anyway, from next year about your only legal option if you want to be able to continue to work is Ireland. Everything else will involve applying for work permits or some other...
  12. Agree a small tax saving is not extreme...

    Agree a small tax saving is not extreme motivation, with the proviso that being beyond the scope of IR35 and having more ability to provide remote services in the EU could add up to a very...
  13. It completely depends on your circumstances and...

    It completely depends on your circumstances and where you could move to. In a typical case like this someone would be extremely motivated to get out of the UK, they'd draw up a shortlist of places...
  14. Not until the end of the year; cf. the Brexit...

    Not until the end of the year; cf. the Brexit withdrawal agreement. Those rights have been p***ed away by some idiots but they are still there for another couple of months.



    So let me get this...
  15. Dividend Tax Rates in Europe | European Rankings...

    Dividend Tax Rates in Europe | European Rankings | Tax Foundation

    Very high-level overview. Note they only mention the UK's highest level of dividend tax; think of it as a starting point to drill...
  16. That law changed in 2013. 30 days is enough to...

    That law changed in 2013. 30 days is enough to screw you now, in the right circumstances. https://assets.kpmg/content/dam/kpmg/pdf/2016/01/statutory-residence-test-flowchart.pdf
  17. I suspect Brexit just laid a bomb under their...

    I suspect Brexit just laid a bomb under their business model.
  18. Replies
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    Study the Brexit Withdrawal Agreement very...

    Study the Brexit Withdrawal Agreement very carefully, because there are strict conditions attaching to your 'right' to work in France as of the EOY.
  19. How about a country that charges 0% on dividends...

    How about a country that charges 0% on dividends so you can put the money in a pension or wherever you want. With decent weather and without a government that degrades the soul of anyone subjected to...
  20. But all of these concepts depend on being UK tax...

    But all of these concepts depend on being UK tax resident (IR35 as well).

    There are other countries which are more fiscally favourable, but you have to get rid of all notions based on UK tax...
  21. By virtue of not being UK tax resident, the UK...

    By virtue of not being UK tax resident, the UK personal allowance and dividend rates don’t apply. If you move back within 5y, you are taxed on the entire amount taken as if you had withdrawn it all...
  22. Tax residency is assessed on your SA on the basis...

    Tax residency is assessed on your SA on the basis of the Statutory Residence Test. So for example if you are in the UK for less than 16 days in a given tax year, you are non-resident for that tax...
  23. Follow-up question here. What if one moves abroad...

    Follow-up question here. What if one moves abroad and liquidates, rather than taking dividends. E.g. tax residency established abroad; do MVL; receive distribution. If one moved back to the UK within...
  24. Have a play with this calculator in case you've...

    Have a play with this calculator in case you've also paid yourself a dividend in this tax year:
    Dividend Tax Calculator - 2019/20 - IT Contracting
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    52.98%

    52.98%
  26. Replies
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    I got a key facts page; employer's NI, pension...

    I got a key facts page; employer's NI, pension contribution, apprenticeship levy, holiday pay are deducted from the umbrella income, and their margin; PAYE and employee NI and pension contribution...
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    Good call, but I got a spreadsheet breakdown and...

    Good call, but I got a spreadsheet breakdown and employer NICs have been factored in.



    Have to use one of their 'recommended' umbrellas; presumably there are kickbacks involved. It's public...
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    Yeah definitely, I wouldn't bin the limited just...

    Yeah definitely, I wouldn't bin the limited just because of this gig, and I'm aware of the 2y wait (if liquidating) until opening another co. I've been mulling it for a while.
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    Pulling the trigger on an inside IR35 gig

    This tax year I've had a couple of gigs through my limited. I paid a minimal salary and a dividend up to the 7.5% rate.

    Discussing an inside IR35 umbrella role (client and agency both quite...
  30. This flowchart is also handy: ...

    This flowchart is also handy:
    https://assets.kpmg/content/dam/kpmg/pdf/2016/01/statutory-residence-test-flowchart.pdf

    Unfortunately, what HMRC consider to be a 'home' is notoriously imprecise...
  31. Thread: EU Office

    by zerosum
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    Bit of a tuliphole.

    Bit of a tuliphole.
  32. And also, many countries simply won't recognise...

    And also, many countries simply won't recognise the arrangement that you get to decide what salary to set, but generate far more as a one-man band and keep most of it stashed away in the company...
  33. So your plan is to pay no tax in the country...

    So your plan is to pay no tax in the country you’re working in, or to hope that they magically accept what the UK deems to be the tax free allowance? Does this genius scheme include filing a tax...
  34. I understand that i-Paye's solutions are based on...

    I understand that i-Paye's solutions are based on being a posted worker.

    But that's not applicable if you genuinely want to become legally resident in an EU member state before the end of the...
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    Citizens’ rights | European Commission...

    Citizens’ rights | European Commission

    Note particularly that while building up 5 years from pre-settled status to settled status (roughly temporary vs permanent residence), you cannot be absent...
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    Surely Cyprus would be a more logical fit? Almost...

    Surely Cyprus would be a more logical fit? Almost a Greek-UK hybrid, much lower taxes, although it is admittedly expensive to run a company even if it's not doing anything.

    In any case, if you...
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    Are you using your UK LTD? Did you check this out...

    Are you using your UK LTD? Did you check this out with a commercialista?
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    The correct term is now refugee.

    The correct term is now refugee.
  39. Replies
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    They do have e.g. a borderless (business and...

    They do have e.g. a borderless (business and personal) account for dealing with money in other currencies so TransferWise has outgrown their name, really.

    It may also be the only option in the...
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    No protection on TW if the underlying bank (which...

    No protection on TW if the underlying bank (which depends on which address you use) goes bust. They're not a member of any FP schemes.
  41. Contracting in UK via umbrella, becoming tax-resident abroad

    I'm in the process of establishing legal residency in an EU member state before the EOY in order to benefit from the Withdrawal Agreement, and therefore I will be tax-resident abroad from next...
  42. But you'll be tax resident in another country. UK...

    But you'll be tax resident in another country. UK rules are irrelevant, and only relevant if you come back within 5 years, as has been explained. For example, Italy would tax you 0.5% on any cash you...
  43. If it's for two years, and you're working through...

    If it's for two years, and you're working through a local ltd in Europe, why not liquidate your current company and benefit from ER? You should be able to open a new one after two years.

    Also...
  44. Completely agree with jamesbrown. This is not...

    Completely agree with jamesbrown. This is not hearsay. Some basic Googling of "temporary non-residence" and dividend will net you many results, including from accountingweb.

    Additionally, the...
  45. Replies
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    Plot twist: the end-client now want me to stay...

    Plot twist: the end-client now want me to stay another two months, April and May, and possibly beyond if I bid competitively on a future related project.

    They know how to spell IR35, but haven't...
  46. Ah, the old 'let's compare international...

    Ah, the old 'let's compare international agreements to something immediate and down-to-earth, based on no evidence other than our own prejudices' bollocks. What nostalgia.

    "Senior health advisers...
  47. It's a shibboleth anyway, he would never have...

    It's a shibboleth anyway, he would never have gotten a majority. The likeliest alternative outcome was a coalition that would have restrained many of Corbyn's crazier plans.
  48. That's all extremely debatable, but it's a...

    That's all extremely debatable, but it's a redundant analysis anyway; no 10 is not refusing to sign up because of some critique of the system, but because it breaches red lines. Anything vaguely...
  49. That was then, this is now. The lunatics have...

    That was then, this is now. The lunatics have taken over the asylum.
  50. Right. The EU-wide pandemic warning system is the...

    Right. The EU-wide pandemic warning system is the reason why one member state was particularly afflicted, and opposing it on ideological grounds is all to the good.
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