Hi
I am looking for opinions on my tax situation which seemed clear but I am getting conflicting advice from different accountants and want to get as many facts as possible before speaking to the HMRC.
I have a contract in Saudi Arabia which is through my own one man Ltd company.
- I left the UK on 4th April and will be outside for at least 12 months
- All my duties are carried out in Saudi
- Will only spend about 30 vacation days in the UK in the tax year
- Money is paid from the Saudi company direct into my UK business account
- I have no earned income arising from the UK
- I have completed the P80 before I left the country
Whilst I meet the individual criteria for non resident status there seems to be a question mark over the company. One accountant believes that as the effective control and management of the company (me) is in Saudi then it will be considered non resident for tax purposes and I wont pay UK tax on my earnings. My current accountant feels that I am receiving money from a UK source (my own ltd company) and therefore will pay tax as an individual.
Very confused at the moment so any help would be appreciated - Thanks
I am looking for opinions on my tax situation which seemed clear but I am getting conflicting advice from different accountants and want to get as many facts as possible before speaking to the HMRC.
I have a contract in Saudi Arabia which is through my own one man Ltd company.
- I left the UK on 4th April and will be outside for at least 12 months
- All my duties are carried out in Saudi
- Will only spend about 30 vacation days in the UK in the tax year
- Money is paid from the Saudi company direct into my UK business account
- I have no earned income arising from the UK
- I have completed the P80 before I left the country
Whilst I meet the individual criteria for non resident status there seems to be a question mark over the company. One accountant believes that as the effective control and management of the company (me) is in Saudi then it will be considered non resident for tax purposes and I wont pay UK tax on my earnings. My current accountant feels that I am receiving money from a UK source (my own ltd company) and therefore will pay tax as an individual.
Very confused at the moment so any help would be appreciated - Thanks
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