If you are renting an apartment in Dublin and working in the Republic for tax purposes your main residence will be in the Republic.
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Contracting - a cross border affair
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Originally posted by GhostofTarbera View Post
400 pd x 220 days = 88,000 p.a pre tax and 55,000 post tax
600 pd x 220 days = 132.000 p.a. pre tax and 77,000 post tax
If you are married and your spouse doesn't work, that comes up a bit.Comment
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As I understand it, I’ll have to submit an end of year UK tax return declaring my Irish income regardless.
Given that the Irish ‘Director Umbrella‘ option doesn’t have a direct UK equivalent, how would income from that source be seen/taxed as during my end of year UK tax return? Would HMRC try to tax me as a Ltd company or an uk umbrella?Comment
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Originally posted by nedk87 View PostAs I understand it, I’ll have to submit an end of year UK tax return declaring my Irish income regardless.
Given that the Irish ‘Director Umbrella‘ option doesn’t have a direct UK equivalent, how would income from that source be seen/taxed as during my end of year UK tax return? Would HMRC try to tax me as a Ltd company or an uk umbrella?
So you fill in your income on your self assessment and HMRC compare that to the income tax you should be paying - if the amount HMRC want is more they will ask for money otherwise that's the end of it.merely at clientco for the entertainmentComment
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Originally posted by eek View PostYou have personally received the money as an employee in Ireland.
So you fill in your income on your self assessment and HMRC compare that to the income tax you should be paying - if the amount HMRC want is more they will ask for money otherwise that's the end of it.Comment
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Originally posted by nedk87 View PostBut would HMRC treat my income any differently if it were to be a Ltd company rather than an umbrella?
Are you renting a property in the Republic?Last edited by eek; 20 November 2020, 10:59.merely at clientco for the entertainmentComment
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Originally posted by eek View PostAre you working in Eire or Northern Ireland?
Are you renting a property in Eire?
Republic of Ireland is the correct term if you need to distinguish between Ireland (the state) and Ireland (the island).Comment
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It would be good to merge this thread with https://www.contractoruk.com/forums/...t-ireland.htmlComment
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Originally posted by Old Greg View PostEire just means Ireland.
Republic of Ireland is the correct term if you need to distinguish between Ireland (the state) and Ireland (the island).merely at clientco for the entertainmentComment
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