12 month Contract Belguim

[Trotsky]

would be nice to know which countries in Europe to avoid when considering new contracts

Yes indeed. I'm still trying to decide what to do. The rate is 640/day. I've still no real idea what will happen when I register with LIMOSA.

Agent is going to call me today, will see what sort of story he spins.

[The Spartan]

Regardless if I were you I wouldn't take it, they'll tell you everything you want to hear to get you there and then when you're there you'll find out about all the stuff you weren't told about and then it'll be too late. Not that I regret being here I just wish I had been more prepared and know more about DTA's

[BlasterBates]

Yes indeed. I'm still trying to decide what to do. The rate is 640/day. I've still no real idea what will happen when I register with LIMOSA.

Agent is going to call me today, will see what sort of story he spins.

You can't avoid this, so just do the calculations and see if it is worth your while.

Don't assume you can dodge tax. You may be able to avoid Social Security if you are there for a short time. That would be the biggest problem, and don't shy away from contacting the Belgian tax office to ask them how it is and what you're expected to pay, because in the end if they decide you have to pay something then you have to pay it.

[northernladuk]

Yes indeed. I'm still trying to decide what to do. The rate is 640/day. I've still no real idea what will happen when I register with LIMOSA.

Agent is going to call me today, will see what sort of story he spins.

Be wary of this. The agent will spin what he has to to get his cut. Take everything with a pinch of salt and do your own research... properly.

[Ignis Fatuus]

I'll continue...

England - Beware of IR35, you may get shafted soon, maybe not so soon, all depends really, live your life worrying or pay over the odds up front. Kinda like a protection racket.

England - classify all your income after expenses as income, pay tax and NICs on it, then sleep easy knowing that not only are your tax affairs uncomplicated but you're paying less tax than anywhere else in Europe that you'd be likely to find a contract.

[Brussels Slumdog]

Basic Calculation - Total Belgian compliance

Yes indeed. I'm still trying to decide what to do. The rate is 640/day. I've still no real idea what will happen when I register with LIMOSA.

Agent is going to call me today, will see what sort of story he spins.

640 X 20 = 12400 Gross Revenue

Gross revenue minus expenses minus management company fee equals Net operating Revenue

Net Operating income less 34% Employers Social security charge
equals Gross Salary
Gross Salary less employees social security 13% less Tax per tax tables equals Take home pay
Compare this with a contract in Ireland and make your decision

[BlasterBates]

If you are planning being in Belgium for just a few months you maybe able to avoid social security, I stress may.

But reading around I found this which confirms this:

http://www.justlanded.com/english/Be...ocial-Security

Social security agreements exist between Belgium and many other nations, including all EU countries and the USA, whereby expatriates may remain under their home country’s social security scheme for a period. If you qualify for ‘non-resident’ tax status, you may be able to continue making social security contributions in your home country while working temporarily (i.e. for up to five years) in Belgium. EU nationals must obtain forms E101 and E111 from their home country. Americans should be aware that US social security agreements cover pensions only, and that medical and some survivor benefits (particularly Medicare) aren’t payable to those living outside the USA.

Worth reading this, giving an option or two.

http://forums.contractoruk.com/accou...-security.html

Social security often has a different status to tax, i.e. it wouldn't be chased up by the tax office, and something that once you've left the country becomes a non-issue.

[Boo]

1. Offered 12 month contract in Belgium (possible 6month extension)
2. My pimp is an Italian company.
3. I am Irish and have an Irish limited company (I pay my taxes in Ireland).
4. Pimp (Italy) will pay direct to my Irish company.
5. Pimp (Italy) requires I register for LIMOSA and Belgium ministry of employment and work.

Obviously I dont want to pay Belgium tax.

1. What are my options when I register for LIMOSA?
2. Can I get away with saying my center of economic interest is in Ireland and I will pay my taxes there?
3. Can I say I am only there for less than 183 days in the 12 month period, how is this checked/in-forced?

Is that 6+6 or 12+6 months ?

If 6+6 then register on LIMOSA for the first 6 months only, if renewed then re-register at that time for the next 6 months. You can retrospectively register on LIMOSA, I did that at the end of my second 6 months in B. (belated agency request) and nothing bad happened. Advantage of delaying is you may get away without registering at all, it's the pimp who will chase it, not the client, and the pimp is in Italy so...

As for the rest of your LIMOSA questions, there are (or were in 2009/10) no entries for any of your other questions, all they want is dates, agency and client.

A Belgian accountant told me that only working days that are non-travelling days count towards the 183 days so you can work out whether you are OK from that. Also, you will not be sent a Belgian tax return unless you are registered in the local commune. You cannot register a hotel or B&B address, only a flat or house so if you stay in a B&B then that takes care of the Belgian tax return rather nicely.

There's a whole 'nother thread about this somewhere near the top of this forum but it's a lot to wade through.

Good luck,

Boo

[Boo]

Even if you're there for less than 183 days they'll still want tax.

The 183 days applies to worldwide income, Belgium sourced income will be taxed. You have to register with LIMOSA.

Your understanding is wrong in every detail, but as an outout-only man you will persist in spouting this carp in the forum.

Any EU firm may send any employee to work in another EU country for 183 days without that person falling under the destination tax regime. Fact.

Boo

[Brussels Slumdog]

EU firm vs MYLTD

Your understanding is wrong in every detail, but as an outout-only man you will persist in spouting this carp in the forum.

Any EU firm may send any employee to work in another EU country for 183 days without that person falling under the destination tax regime. Fact.

Boo

There is most likely a difference between Delotte or KPMG Ireland sending you to work in Belgium and MYLTD Ireland sending you its only employee to work in Belgium