need some dual tax specialists

[avinashsa]

Hi folks,

Looks like nobody in this world knows much about dual taxation..

Four accountants 2 in uk,2 in Sweden and 8K fees later, I am still unsure if I am doing the right thing..

I feel pretty hard done by, having been taxed and NI in both UK and Sweden.. I need to claim some money back..

But before I do that I need an expert in dual tax.. Ideally an accountant who has dealt with dual tax before..

Any guidance or pointers appreciated..

Thanks in advance..

[Alias]

Have you tried doing a the search on here?

There is a fair amount of advice given already on this

Pretty hard to give help when you haven't explained your situation/problem fully

If you need help from an accountant can I suggest you take a list from this site, ring them and ask the right questions, I'm pretty sure you will get some answers/help/point in the right direction

[LisaContractorUmbrella]

HM Revenue & Customs: UK/Sweden Double Taxation Convention – Forms Available To Claim Relief

HTH

[Clare@InTouch]

You need a specialist, rather than a general practice accountant. Try someone like these guys (Haines Watts): Haines Watts - Chartered Accountants, VAT, Business Services

[The Spartan]

Basically as it stands if you're contract or employment abroad takes you out of the UK for a whole tax year then you are classed as not resident and do not have to pay tax in the UK, if however you're renting out property in the UK while you're working abroad you will still have to pay tax on any income you receive from the UK.

The way dual taxation works is that you get a credit on what taxes you pay in the country you're working
For Example in Switzerland the tax rate for Zurich is 8-9% therefore if I returned to the UK within a tax year I would be credited this against UK taxes meaning I would have to pay an extra:
13-14% up to 42K
31-32% on income over 42K

To bring my taxes up to UK levels, if however you work in a country where the tax rate is higher than the UK you will have nothing to pay in the UK but you will not receive any credit of taxes from the UK if you're paying more.

Basically it's always in there favour

[stek]

OP said Sweden, Spartan, not Switzerland.

AIUI, Sweden is nightmare tax wise, and I believe you are tax resident there from day one.

[The Spartan]

Hey Stek

I was using Switzerland as an example as that's where I am and I know the way it works here, to my knowledge it's the same for Sweden except I believe the tax there is meant to be 40% and if that is the case the OP will not have to pay any UK tax as they're already paying above what they would pay in the UK. According to the DTA if the OP pays more in Sweden than they would in the UK then they don't have anything to pay in UK.

[Jeremiah@RHJAccountants]

I have a tax specialist that i go to for all my international tax issues and he has helped me with tax issues from France, Belgium and Spain to name a few. So i know he can give the best advice on double taxation.

Give me a PM if you need to know more.

[BlasterBates]

Normally when you earn in two countries, the simple principle is that you are taxed on income you get from country 1 inc country 1 and income you get from country 2 in country 2. Now this is the bit where you are probably failing. You will be mainly resident in one country or the other but not both. In the country where you are mainly resident you declare the income from the other country and it may or may not be taxed again depending on complicated rules, but it shouldn't be fully taxed again.

You need advice from a UK accountant and he should handle the tax affairs from the UK perspective. You then need a Swedish accountant and he should deal with it from the Swedish perspective.

You need to establish where you are fully resident, then probably you need to claim tax back where you are not. There is probably a clause in the DTA that states when it is unclear the tax authorities will agree with each other.

Can you be more explicit about why you think you're paying too much tax. Who is taxing you and at what rate?

You ought to figure out yourself roughly where it's going wrong. In particular where you are taxed at the full rate and you've already been taxed in the other country, i.e. you are paying the full rate of tax on something in both countries.

Other than that it is probably correct, but definitely worth checking.

[avinashsa]

Have you tried doing a the search on here?

There is a fair amount of advice given already on this

Pretty hard to give help when you haven't explained your situation/problem fully

If you need help from an accountant can I suggest you take a list from this site, ring them and ask the right questions, I'm pretty sure you will get some answers/help/point in the right direction

I am pretty new to this site and I have not found a list.. Where is the list? I only found SJD as they have an advert