Originally posted by Eirikur
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Like I said .... Love Brits, hate Germans
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They do, depending on the skin colour and except those on stag parties in AmsterdamOriginally posted by Jubber View PostComment
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May I remind posters that this is Business / Contracts, not General.
If you want to discuss the sensibilities of the Dutch further, go there."I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank...Comment
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Read the quoted bit in my post.....Originally posted by SueEllen View PostWhat's the
look for?
It might just be me being a bit thick though...I'd give my right dick to be normal.....Comment
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a) Does most people go for payroll option compared to having there own limited company in Netherlands? Can I not use my UK limited company to get paid for my contract in Netherlands?
You may use your UK Ltd in Holland, the question is whether you should You have to work out if it is worthwhile. Under the EU double taxation treaty rules, if you have a place of management in the Netherlands then you have a permanent establishment in the Netherlands. A place of management is normally triggered for a UK Ltd because its only working Director is overseas.
Therefore the UK LTD has a requirement to register locally and deal with all appropriate reporting and local accounting and you will need a Dutch Accountant in the same way as you use a UK Accountant for your LTD.
In addition, if you are working for a Dutch client who has a permanent establishment there, then you personally are taxable from day one too. Therefore is doesn't seem worthwhile going through the process of registering, financially, you could be worse off than PAYE in country.
b) I am ready to go with the payroll but the agency's only option is easystaff.
I assume the agency has audited its PSL and is confident that they payroll company is registered in Holland and is declaring all taxes/NI in accordance with local and UK legislations. Please bear in mind that taxation is a personal responsibility and if something does go wrong the liability will be yours.
c) Agency is saying that I will get paid 2.5 Euro per hour less than what we agreed to - just because I am going via payroll company. I am yet to receive the breakdown from the payroll company but I understand they will be charging extras on the top of 2.5 Euro per hour. is that how it works in Netherlands?. I would not have thought so. What is a good descent reasonable %age that a good payroll company charges? Any ideas?
All payroll companies will charge a fee to process your payroll, this is met by either the contractor or by the agency. We charge a flat rate fee. Others prefer to charge %'s.
Also, Has anyone have any past experience or knowledge about this payroll company.
No sorry I am not familiar with their services and cannot comment.
PAYE in Holland would normally net you between 60-70% of gross depending on your contract and personal circumstances.
HTHComment
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That information is completely incorrect! You can be seconded to another EU country but as long as your LTD is domiciled in it's country of origin your company will not be eligible for taxes in the country that you are working in. If your company decides to base itself in the country they are working then that company becomes eligible for taxes in the country where the director is working.Originally posted by Sue at IPAYE View Post
You yourself as an individual will need to pay taxes in NL, the company will not. These can then be reimbursed under the dual tax ruling.
The advice given that you should not register for taxes in NL will result in you getting fined by the NL Belastingdienst, all I can say is please, please, please Consult someone who knows what they are taking about.Comment
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Blijf rustig, ajb!Originally posted by norrahe View Post<Insert idea here> will never be adopted because the politicians are in the pockets of the banks!Comment
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It is not incorrect at all.
I haven't not suggested for one minute that the worker cannot use their LTD I have recommended they check its residency status.
For the record, a Limited company is not domiciled, it is resident. Therefore the residency tests apply.
Under the Residency Articles, The OECD model defines a Permanent Establishment to include a place of management.
Therefore a UK LTD whose working director is based in NL and whose client is in NL has a reporting liability in NL as well as the UK. It should be considered that the Dutch will have first taxation rights unless you have written confirmation from the Dutch Tax Office to the contrary.
The double taxation treaty allows for the relief of Corporation taxes paid overseas.
In addition I have actually said in my original response that the individual is taxable in NL from day one because you are absolutely right on that one.
Trust this clarifies.Comment
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