Hi everyone,
I do contracts under my Canadian Corporation and looking to return to UK to contract in the financial sector for 12 to 18 months. I was told that recruiters in UK will want me to register a Ltd Corporation in Uk to bill the client? Canadian Corp tax is 15% and UK is 19% im assuming i pay UK corp tax?. Payroll I would pay UK income tax?. I would need to declare all income earned outside of Canada to Canada Revenue Agency if they deem me as a resident of Canada. But based on my time outside Canada if they deem me as a non-resident then I don't declare?. Is anyone in my circumstance? I would greatly appreciate advice
Thanks!
Sanjay
I do contracts under my Canadian Corporation and looking to return to UK to contract in the financial sector for 12 to 18 months. I was told that recruiters in UK will want me to register a Ltd Corporation in Uk to bill the client? Canadian Corp tax is 15% and UK is 19% im assuming i pay UK corp tax?. Payroll I would pay UK income tax?. I would need to declare all income earned outside of Canada to Canada Revenue Agency if they deem me as a resident of Canada. But based on my time outside Canada if they deem me as a non-resident then I don't declare?. Is anyone in my circumstance? I would greatly appreciate advice
Thanks!
Sanjay
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