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Thank you :). You're correct, no assumptions are being made (the mother of all f***ups, after all!). I'm going by what the Greek law stipulates with regards to *foreign income* earned,whilst resident on Greek soil, and the bilateral tax treaty. Obviously, already getting a Greek accountant's...
Thanks again. I have started discussing it already with one :)
As it turns out, there is the reciprocal tax agreement in force. I would be liable for tax in Greece, but it would be offset against the tax I've paid in the UK. If I paid more in the UK than what I'm liable for in GR, then tax in...
Thank you, I'm in the process of trying to find someone competent enough in the particular area. So, if I understand this correctly, if I where to form a UK Ltd and with what's been said here, I wouldn't be paying any tax whatsoever in the UK?
Thank you. How does that align with the treaty for the avoidance of dual-taxation though? I.e. If I pay *all* (corporation,dividend,salary) taxes in the UK, by virtue of the treaty for dual taxation, don't I only need to pay the difference in Greece, if at all ? (see my previous post for an example)
Hi Boo, thanks that is indeed helpful. There is no agency in the loop, this is purely a tax matter and also trying to avoid all the damn capital controls that are in place at the moment. It also simplifies things for my employer paying me in GBP. As I mentioned, I'm doing this for family...
Much obliged..given the scope of falling within IR35 and tax on turnover plus my tax obligations I'm now wondering whether an umbrella is a more sustainable solution. I'm trying to have numbers based on what's going to be my monthly net. I've been trying to find a calculator that would give me...
Thank you :D
Yes, I will be living and working in Greece, for a UK company that (if at all possible) will be paying me via my LTD. I'm currently a permie with them.
Just to add some information, the income received here in the UK, to the best of my knowledge, can be taxed in Greece. However, there's an agreement between the UK and GR with respects to dual taxation. What it stipulates, in a nutshell, is that any foreign income earned and taxed in the UK...
Thank you :)
I will be living and working (from home) in Greece, for a UK company, for which I'm currently a permie, but will switch to contracting for aforementioned period.
Hello everyone, first post, please excuse the newbishness.
For family reasons, I need to be out of the UK (been living here for the past 19 years) for the next 3 years, living in Greece. My current employer would like to retain my services whilst I'm there, in the form of contracting out for...