Originally posted by NotAllThere
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Originally posted by NotAllThere
Oops. Sorry. Forgot the not. My fault.…Maybe we ain’t that young anymoreComment
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Originally posted by NotAllThereWhat I meant to say:
Switzerland taxes dividend income. Yes somehow its economy thrivesYet.
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Moving abroad is starting to look very appealing, it's a shame that the statutory residence test got changed to ensure you still pay tax if you have the slightest link(s) or sufficient ties to the UK.In Scooter we trustComment
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Google says Switzerland has 14% corp-tax rate.
And the top rate of income tax (and dividend tax) is between 20% and 40% depending on the canton.
So sensible non punitive tax rates with the option to live in low tax areas.Comment
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Originally posted by NotAllThere
It's not that bad yet.
And anyway, you can always renounce your British citizenship. I have Swiss and British passports. I travel on the Swiss ones. Even coming to the UK.You're awesome! Get yourself a t-shirt.Comment
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Originally posted by squarepeg View Post
You're supposed to cross the UK Border on the British passport, are you not?…Maybe we ain’t that young anymoreComment
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Originally posted by The Spartan View PostMoving abroad is starting to look very appealing, it's a shame that the statutory residence test got changed to ensure you still pay tax if you have the slightest link(s) or sufficient ties to the UK.
Don't the double taxation rules mean you are only taxed on your income in the country you were resident in?
Also would it be so bad to sever ties completely? Not much point being tied to a corpse is there? It will only drag you down.
You will retain your entitlement to state pension. Though I know this is more complicated in that some countries it will continue to increase (triple lock increases) as it does here, in others it is frozen at time you left. Thailand is frozen for example, and America it continues to increase.Last edited by escapeUK; 29 October 2024, 08:54.Comment
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Originally posted by jamesbrown View Post
I think the freelance market will be paying £800m or so in extra tax with the NI change alone..merely at clientco for the entertainmentComment
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