Quit European contract or pay 10k back taxes?

[BolshieBastard]

Probably a bit last minute to post this, but any advice would be appreciated.

I'm almost at the end of a 6 month contract in Europe, and have been offered an extension to the end of next year, but will have to pay 12,000 Euros back tax if I stay longer than 183 days. The net cost to me will be about GBP 6k after claiming back the uk taxes I've paid.

It's a good gig with a well-known company, and I've already verbally agreed to stay, but it's going to be sooo painful handing over that amount to a foreign Hector.

Is it a good time to go back to blighty looking for a new role? Or should I bend over and pay the cash, and improve my CV by %200 while earning slightly more than enough to live on (after the stupidly high tax rate here)?

Ideas/suggestions?

And you're going to earn how much out of the extension? And you have to pay 12000 euros as a penalty for the extra 14 months you've got gauranteed work?

Kinell!

[Wanderer]

I'll probably try to get an estimate of the import taxes for my bike. If the cost isn't too high, and I can easily switch it back to the UK registration at the end of summer.... Can't see me buying one here. Anyway, that's if I stay past next spring.

Was gonna say, you are a hard man if you bike around Finland in the winter.

[doodab]

I'll probably try to get an estimate of the import taxes for my bike. If the cost isn't too high, and I can easily switch it back to the UK registration at the end of summer.... Can't see me buying one here. Anyway, that's if I stay past next spring.

Aside from the fact it will be below freezing for several months the roads will be covered in snow and ice. You will be required by law to have winter tires, you are allowed tires with metal studs in.

[BlasterBates]

I'm 100% sure that paying UK taxes is OK for 6 months, so I don't think that's an issue.

Anyway it loooks like I'll be staying, so now I just have to come up with an excuse for not registering with the local police within 3 months - could be a small fine at most - oops.
And then I have to decide whether to pay import tax and registration fees on my motorcycle if I want to bring it here again next summer, as I'll be a resident, so can't use a 'foreign' vehicle. Perhaps I ought to start a new thread on that topic...

You do realise don´t you that when you rent a flat you are tax resident, it overules the 183 day rule.

You are liable for tax from day one, and after you´ve registered you´ll be be given a tax code. If you leave and deregister and don´t declare I suspect they wouldn´t chase it up, but if you don´t that´s tax evasion.

[Boo]

You do realise don´t you that when you rent a flat you are tax resident, it overules the 183 day rule.

C'est coq, ca.

Boo

[camfish]

You do realise don´t you that when you rent a flat you are tax resident, it overules the 183 day rule.

You are liable for tax from day one, and after you´ve registered you´ll be be given a tax code. If you leave and deregister and don´t declare I suspect they wouldn´t chase it up, but if you don´t that´s tax evasion.

From the Finnish tax website:
'If you stay in Finland max. 6 months.....If your employer is a non-Finnish company, Finland will not tax your income...'
Nothing about renting a flat. I'm not registered until I register myself.

If I quit, there's nothing to pay. If I stay I'll be working through a management company instead of my UK umbrella, and declaring everything.