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Previously on "is this a good rate for Zurich ?"

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  • cojak
    replied
    No, it isn’t a good rate. As BlasterBates said you will have to spend 25% of your day rate on hotels alone, and then there are Travel costs and tax to be paid.
    Originally posted by BlasterBates View Post
    Budget your Hotel with 100-130 CHF per night (near the airport) and check the cost of flights.

    Stek makes a good point on expenses only 1500 CHF per month can be offset against tax.
    You will be lucky if you just break even.

    Leave a comment:


  • VLD62
    replied
    Hi All,

    Could you please advise on a Daily Rate 450 CHF Gross for Zurich ?
    Is that amount enough for average life?

    Thank you!

    Leave a comment:


  • stek
    replied
    Originally posted by HPCJohn View Post
    Hi. I am new to the forum here. I would like to ask for opinions on a decent contract rate for Geneva.
    I am being offered 100ChFr per hour, ie 800 a day.
    This is a lot less than the original poster in Zurich!

    I am currently working in Eindhoven in NL, and enjoying it.
    I know Geneva quite well, as I was there when a student at CERN.
    Quickly looking at the price of small apartments though it looks brutal - 2000 ChFr per month seems normal.
    And I thought Eindhoven was expensive....
    And Genf has somethjng like a 99.7% occupancy rate.

    Leave a comment:


  • LondonPM1
    replied
    Originally posted by HPCJohn View Post
    Hi. I am new to the forum here. I would like to ask for opinions on a decent contract rate for Geneva.
    I am being offered 100ChFr per hour, ie 800 a day.
    This is a lot less than the original poster in Zurich!

    I am currently working in Eindhoven in NL, and enjoying it.
    I know Geneva quite well, as I was there when a student at CERN.
    Quickly looking at the price of small apartments though it looks brutal - 2000 ChFr per month seems normal.
    And I thought Eindhoven was expensive....
    Geneva is expensive. Even more so then Zürich

    800 chef is not bad and about average

    Leave a comment:


  • HPCJohn
    replied
    Hi. I am new to the forum here. I would like to ask for opinions on a decent contract rate for Geneva.
    I am being offered 100ChFr per hour, ie 800 a day.
    This is a lot less than the original poster in Zurich!

    I am currently working in Eindhoven in NL, and enjoying it.
    I know Geneva quite well, as I was there when a student at CERN.
    Quickly looking at the price of small apartments though it looks brutal - 2000 ChFr per month seems normal.
    And I thought Eindhoven was expensive....

    Leave a comment:


  • stek
    replied
    Originally posted by BlasterBates View Post
    If your wife is in the UK they will assume you are resident in the UK unless you are divorced or separated. Very difficult to counter that one, that is usually a slam-dunk, i.e. your home is where your wife is.
    Agreed, but the poster said 'family', which could include 70 yo parents, aunties and uncles etc...

    Leave a comment:


  • BlasterBates
    replied
    Originally posted by stek View Post
    So you can't have property in UK and can't leave any children or parents behind in UK and not avail oneself of DTAs anywhere?

    New one on me.
    If your wife is in the UK they will assume you are resident in the UK unless you are divorced or separated. Very difficult to counter that one, that is usually a slam-dunk, i.e. your home is where your wife is.

    Leave a comment:


  • Sue B
    replied
    Originally posted by 1 Jack Kada View Post
    Thanks a lot for this information - Very useful

    Just so that I dont open a new thread on non resident tax if you have a contract which is for 18 months long does that show that you are non resident for the duration of the contract.

    What specific steps do people take to prove non tax resident apart from ticking the box on their self assessment?
    If the contract is 18 months long then you potentially meet one of the requirements for being non resident. You would need to take specific advice based on your personal circumstances, the contract and future plans, before deciding if becoming non resident was appropriate.

    Leave a comment:


  • Sue B
    replied
    The DTA's do apply, but they are only there to decide the order of taxation, not to remove taxation entirely, and to provide for foreign tax credits.

    If you become non resident in a country where you call home, then you are just removing a country from that order.

    So if you are ordinarily resident in the UK for tax purposes, and you work in Switzerland, you pay tax first in Switzerland at Swiss rates, and then any balancing payments due in the UK, based on the UK tax calculation, less foreign tax paid.

    If you become non resident in the UK there is no balancing payment to make.

    Leave a comment:


  • BR14
    replied
    Originally posted by stek View Post
    So you can't have property in UK and can't leave any children or parents behind in UK and not avail oneself of DTAs anywhere?

    New one on me.
    And me, i had PRA in NL before i had to relocate <again>

    Leave a comment:


  • stek
    replied
    Originally posted by Andy2 View Post
    if you have a house and family in UK , you ill be UK resident for tax purposes
    be ready to hand over 45% of your income to hector
    So you can't have property in UK and can't leave any children or parents behind in UK and not avail oneself of DTAs anywhere?

    New one on me.

    Leave a comment:


  • Andy2
    replied
    if you have a house and family in UK , you ill be UK resident for tax purposes
    be ready to hand over 45% of your income to hector

    Leave a comment:


  • LondonPM1
    replied
    Originally posted by stek View Post
    What I've done is;

    1. Opened local back
    2. Registed locally with tax
    3. Exhanged my driving licence
    4. Rented my house in UK out
    5. Local health insuracne
    6. Local sim
    7. I only return to UK about 2/3 days every 6 weeks or so

    ...and I fear that may not be enough, but it doebn't matter too much, since tax here is higher than UK, my goal is EU PR and possible settle here. I like it here, even though everything here annoys me, the high tax, the cost of running a car (1800 road tax) car insurance, suppose I thrive on conflict....
    Which country - Ireland? is that not the UK?

    Yup good steps - I ve done a lot of them already

    You really are worried about EU perm residence? Seriously??

    Leave a comment:


  • stek
    replied
    Originally posted by 1 Jack Kada View Post
    Thanks a lot for this information - Very useful

    Just so that I dont open a new thread on non resident tax if you have a contract which is for 18 months long does that show that you are non resident for the duration of the contract.

    What specific steps do people take to prove non tax resident apart from ticking the box on their self assessment?
    What I've done is;

    1. Opened local back
    2. Registed locally with tax
    3. Exhanged my driving licence
    4. Rented my house in UK out
    5. Local health insuracne
    6. Local sim
    7. I only return to UK about 2/3 days every 6 weeks or so

    ...and I fear that may not be enough, but it doebn't matter too much, since tax here is higher than UK, my goal is EU PR and possible settle here. I like it here, even though everything here annoys me, the high tax, the cost of running a car (1800 road tax) car insurance, suppose I thrive on conflict....

    Leave a comment:


  • LondonPM1
    replied
    Originally posted by Sue at IPAYE View Post
    No it doesn't. As EEK and BB point out, there is a lot more to it. An individual has to meet all parts of a test not just one part. This is often the problem, whereby people make decisions on their tax or social security contributions based on only one small part of a much wider piece of legislation.

    There is in fact not much point in becoming non resident for tax purposes in the UK when by doing to you become solely taxable in a high tax country. In the case where the local tax is higher than UK you might as well remain UK resident and just use the foreign tax credit to reduce your UK liability to nil.

    It is generally only worthwhile considering Non resident status when you are earning the majority of your income in a low tax country over a period which will encompass at least one complete UK tax year. It is then possible to look at split years either side, but at no point would a single contract of 6 months meet all the rules for non residency.

    Haven't even covered the social security aspect here, which is, again as general rule, payable where you work unless you have an A1 Certificate.

    Obviously I do not know all of the OP's circumstances, and this is just generic information. If there are other periods of work outside of the UK to consider, either prior to this contract or subsequent contracts it may be something to think about. At which point, speak to an accountant.
    Thanks a lot for this information - Very useful

    Just so that I dont open a new thread on non resident tax if you have a contract which is for 18 months long does that show that you are non resident for the duration of the contract.

    What specific steps do people take to prove non tax resident apart from ticking the box on their self assessment?

    Leave a comment:

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