Dont contract in Amsterdam

[AccessDenied]

WHS and then some.

With 40% retention, something has one wrong. Have worked in Holland before there's no way you owe that much in tax.

A other fellow posters have said, do your research. Although hindsight is a wonderful thing I've found dutch clients super charge my rate to mitigate the effects of tax. Did you ask? Remember, don't ask don't get so don't complain.

Sure there is a 30 percent tax relief but the tax office has to award you that ,under normal circumstances most contractors get it , usually after a wait of 2 - 3 months , I didn't because it was too short a contract. Still makes the tax deduction roughly 1.5 times what I was paying in the US even with the 30 percent.

[AccessDenied]

Similar complaint, way different style (word count).

I'm not complaining , just advising , I am sure there are people who take any contract right now but you need to know that deductions are very high on short term contracts

[SizeZero]

If you'd stayed here as tax resident, you'd have filled in a M form at the end of your first year and got almost all of it back, for your first year. If you weren't here long enough, you would have remained a tax resident of the UK and could have got your accountants to argue the case for having it returned from Holland because it rightfully belonged to the HMRC, maybe.

If you'd lived and worked in Holland, you'd have got half your mortgage payment back each month from the taxman too, and your missus or partner would have received their tax allowance in cash like a wage for being a homemaker.

Also, you let your agent arrange your international payroll and didn't make an effort to see what the alternatives to their 'scheme' were? Really? No seriously... really? I do hope others are advised and learn from your mistakes, but those mistakes weren't Holland's fault.

[norrahe]

If you'd stayed here as tax resident, you'd have filled in a M form at the end of your first year and got almost all of it back, for your first year. If you weren't here long enough, you would have remained a tax resident of the UK and could have got your accountants to argue the case for having it returned from Holland because it rightfully belonged to the HMRC, maybe.

If you'd lived and worked in Holland, you'd have got half your mortgage payment back each month from the taxman too, and your missus or partner would have received their tax allowance in cash like a wage for being a homemaker.

Also, you let your agent arrange your international payroll and didn't make an effort to see what the alternatives to their 'scheme' were? Really? No seriously... really? I do hope others are advised and learn from your mistakes, but those mistakes weren't Holland's fault.

If the agent is halfway decent and deals with international clients on a regular basis then you should check what arrangements they have in place. One I'm currently dealing with have a brochure on the options available to interim candidates, which is useful, but it pays to research the options.

If you are staying longer then an umbrella is just your short term option till you have set yourself up either as a B.V or a sole proprietor.

The problem you will find is that some accountants are not aware of the options available should you contract short term in Europe as I have found out. So it is best to research as much as possible and find an accountant that can offer you decent advice.

[AccessDenied]

If the agent is halfway decent and deals with international clients on a regular basis then you should check what arrangements they have in place. One I'm currently dealing with have a brochure on the options available to interim candidates, which is useful, but it pays to research the options.

If you are staying longer then an umbrella is just your short term option till you have set yourself up either as a B.V or a sole proprietor.

The problem you will find is that some accountants are not aware of the options available should you contract short term in Europe as I have found out. So it is best to research as much as possible and find an accountant that can offer you decent advice.

The fact is that Holland have a chain law which means that if you don't pay the tax then the end client has to. I did ask the end client to go direct but this was quickly refused.
I don't take too much notice of some of the posters on here because they clearly are just giving general advice , there is little point in an accountant because you have to go through the management company due to chain law previously mentioned.

[norrahe]

The fact is that Holland have a chain law which means that if you don't pay the tax then the end client has to. I did ask the end client to go direct but this was quickly refused.
I don't take too much notice of some of the posters on here because they clearly are just giving general advice , there is little point in an accountant because you have to go through the management company due to chain law previously mentioned.

I was talking about speaking to an accountant (if you have one) over here about what you should be doing for future reference when contracting in EU. Some of them might know what you have to put in place from a tax perspective before you start a contract and thus saving you the hassle,

It just pays to do your research before you go to said country.

I happen to have done quite a bit of research and spoken with Dutch accountants as I intend to move over there so don't want to go in blind and not knowing what my short and long term options are and ensure that although I may be paying the correct tax that I'm getting the most out of my money.