First time ever moving to UK (never earned or worked here). Have started a contract with insurance company in March and have now set up a ltd etc.
As I 'became a director' in the UK in the tax year April 14 - April 15 it is my understanding I will have to complete a self assessment tax form for that tax year. Also, taking tests online, it seems I am considered to be tax resident in the UK in that year (was in country for 90 days, although will not take a wage as per accountants advice).
In the time period April 14 - Dec 14 I worked in Rotterdam, Netherlands. Earned about €80k in this period. There is a 30% tax relief for expats there.
My question is, now that I am considered tax resident for this period in UK can it be possible I will owe tax for that period here? (even though none of the work was done in the UK and I was never in the UK in that period).
I understand there is a tax treaty but that only avoids you paying 'double tax' as far as I understand. Can it be the case that I owe the UK some extra tax if their effective tax rate is higher here?
As I 'became a director' in the UK in the tax year April 14 - April 15 it is my understanding I will have to complete a self assessment tax form for that tax year. Also, taking tests online, it seems I am considered to be tax resident in the UK in that year (was in country for 90 days, although will not take a wage as per accountants advice).
In the time period April 14 - Dec 14 I worked in Rotterdam, Netherlands. Earned about €80k in this period. There is a 30% tax relief for expats there.
My question is, now that I am considered tax resident for this period in UK can it be possible I will owe tax for that period here? (even though none of the work was done in the UK and I was never in the UK in that period).
I understand there is a tax treaty but that only avoids you paying 'double tax' as far as I understand. Can it be the case that I owe the UK some extra tax if their effective tax rate is higher here?
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