UK Ltd charging overseas self-employment ?

[archery]

Hi, I have overseas (EU country) self-employment registered and with active contracts, but from some time (2 years) I am UK resident and do all my work from UK.
So far I was doing taxes overseas and then self-assessment in UK (as foreign income with double-taxation rules, etc.).

Recently tax adviser told me I could open UK Ltd company and invoice my overseas self-employment, so that all income from my overseas self-employment would go to UK Ltd company (generating profit in UK), while my overseas self-employment would come to net zero (so I would not be taxed there).

I would be doing it to make my life a little easier, and of course to save on taxes/etc.(because rules for UK Ltd companies are much more tax efficient than what I was doing so far).

Please tell me... Is it legal for UK Ltd company (with me being its director/employee) to invoice and get money transferred from my own overseas self-employment?
And let's forget about overseas taxes - I will deal with them on my own, it is not a concern to me. But will it be legal from UK standpoint?
Thank you for any feedback.

[Wanderer]

Is it legal for UK Ltd company (with me being its director/employee) to invoice and get money transferred from my own overseas self-employment?

This is something for your tax advisor to consider in detail because it's complex but on the face of it, a UK company can do business with another company in any EU state and it appears that you are UK resident for tax purposes so it should be OK to put all your income through the UK company.

As you say, it's probably more tax efficient to use a UK LTD but watch out for IR35.

[BlasterBates]

If you are actually doing the work in te UK then even if you invoice overseas, then it should be taxed in the UK. Any taxes paid overseas will be taken into account, so you don´t end up paying tax twice, it will be credited.

[archery]

If you are actually doing the work in te UK then even if you invoice overseas, then it should be taxed in the UK. Any taxes paid overseas will be taken into account, so you don´t end up paying tax twice, it will be credited.

I was just thinking... Such "invoice" to support moving money to UK-Ltd from my own overseas self-employment.. Should it even be an invoice? Or maybe some other document type that would create taxable (in UK) gain/profit for UK-Ltd, but not pretending to be a real invoice to myself(-employment)? Maybe there is something like "other income" or "deposit posting" or "debit memo" etc. (I am not accountant so I have no clue about possible existence and potential names for such "invoice").
Is the "invoice" the only document that creates taxable gain?

[BlasterBates]

Since you are tax resident in the UK, you should declare all overseas income as well. You won´t be taxed twice you just need to declare it, if it is already taxed then either they credit the tax paid and you pay the difference or you are exempt.

Whether you invoice or transfer your funds to the Ltd won´t change the fact that it is taxable. Obviously if you invoice you have to think about VAT.

It isn´t simple and I would take advice from an accountant.