Hi,
Thanks everyone for your suggestions.
It sounds like going through an Irish umbrella or Ltd is the way to go then. Hopefully I can get set up fairly quickly so there isn't a big gap between me closing my UK company and starting through an Irish umbrella. Could I get set up with an Irish umbrella before I even move so there's no service gap?
I'd fully expect to be tax resident in 2019 as I'd have gone over the 280 day limit between 2018 and 2019. In 2018 though, I want to avoid any capital distribution from winding up the UK company to be subject to Irish capital gains tax. Just in case they wanted to treat me as being tax resident for all of 2018, or if I'm in Ireland by the time the company is fully wound up.
As for "continuing in a similar trade or activity" - if I am not running a business in the UK, but possibly self-employed in Ireland (using that Icon director umbrella setup for example), then is it HMRC or the Irish Revenue who are in charge of my tax affairs? As northernladyuk says, I'll be living and working in Ireland - they'll want to tax it there as that's where the work is being done.
A lot to think about!
Thanks again.
Thanks everyone for your suggestions.
It sounds like going through an Irish umbrella or Ltd is the way to go then. Hopefully I can get set up fairly quickly so there isn't a big gap between me closing my UK company and starting through an Irish umbrella. Could I get set up with an Irish umbrella before I even move so there's no service gap?
I'd fully expect to be tax resident in 2019 as I'd have gone over the 280 day limit between 2018 and 2019. In 2018 though, I want to avoid any capital distribution from winding up the UK company to be subject to Irish capital gains tax. Just in case they wanted to treat me as being tax resident for all of 2018, or if I'm in Ireland by the time the company is fully wound up.
As for "continuing in a similar trade or activity" - if I am not running a business in the UK, but possibly self-employed in Ireland (using that Icon director umbrella setup for example), then is it HMRC or the Irish Revenue who are in charge of my tax affairs? As northernladyuk says, I'll be living and working in Ireland - they'll want to tax it there as that's where the work is being done.
A lot to think about!
Thanks again.
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