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tax

  1. S

    Contracting in Denmark

    I'm in the process of applying for a contract in Denmark. I will be in Denmark around 80% of my time so am aware I can't use my UK limited. The agency has told me that I must use a payroll company from their approved approved list of supppliers. I've spoken to a couple of these companies one of...
  2. O

    "Overseas" contracting - Resident in Northern Ireland, contracting in Rep Of Ireland

    "Overseas" contracting - Resident in Northern Ireland, contracting in Rep Of Ireland Hi. Lots of posts up here regarding contracting in the Rep of Ireland and where the tax liability lies. The general rule seems to be that if you are more than 183 days in Southern Ireland, you gotta pay tax...
    • Orleans
    • Thread
    • northern ireland republic of ireland tax tax resident
    • Replies: 7
    • Forum: Welcome / FAQs
  3. S

    LRT PAYE employee but also receive dividends from husband. Need to do a tax return?

    Hi, I'm a teacher so pay tax through PAYE each month. Minimal bank interest has tax deducted each month. I have no other income besides dividends from husband's company which still keeps me below the threshold as a lower rate tax payer. My accountant said I need to fill in a tax return for...
  4. D

    Do I owe (or HMRC owe me) Money on my CT620ACK Form?

    Hi all. Can someone explain this please I have a CT620ACK form (Acknowledgement of a Company Tax Return). Amount Due: Tax: £14.00 Less amounts on which collection suspended £14.00 Penalties: £0.00 Interest accrued including any debit Interest £1.12 Total Due £15.12 Less already paid...
  5. L

    Germany: Can vacations push tax into bracket for global earnings taxation?

    Hi, I have been working in Germany, paying tax in Germany (as a "freelancer"), and will leave after spending approximately 175 days in the country. So I will be paying tax on my services in Germany, but will not achieve the status where I will be taxed on my global income. When I leave I will...
  6. B

    UK and Netherlands TAX for Ltd company/PAYE etc

    Hi there I have just been offered a services contract in the netherlands, for around 6 months. I currently offer services/consulting via a Ltd company in the UK. Paying VAT and corporation tax in the UK. I pay personal tax on both my salary and dividends in the UK as a director. I am now in...
    • bnnnrd
    • Thread
    • contractor corporation tax netherlands personal tax tax
    • Replies: 9
    • Forum: Accounting / Legal
  7. L

    Germany: Anyone worked onsite while Freiberufler application being processed?

    Hi, I will soon be working in Munich for 6 months (UK resident, working onsite in Germany for German client, payed by UK agency) and I have 2 payment choices open to me. 1. Get paid by agency approved management company (the MC treats me as Freiberufler, but charges me 5% for the privilege)...
  8. A

    Working in Qatar - tax liability

    Hi I've been abroad working in Qatar from the start of this tax year. - I have a personal contract (so not via my UK based LTD) and - my earnings are transfered into my personal UK bank account (so not my LTD account) I'm hoping to be tax liable in Qatar, therefore not being tax liable in the...
  9. T

    Charging expenses to Client. How to deal in Company Accounts for corporation tax

    First Post. Hi, In this my second contract, I am charging my travel expenses to the client and adding VAT as appropriate on mileage and train tickets. These are being reimbursed to my ltd company by the client. Should I also be claiming these as expenses to myself (employee and director)...
  10. W

    Corporation tax and income/dividend tax

    Say in year one my company makes 1000 GBP profit. This is taxed according to corporation tax rules, leaving me with 800 GBP in my company's bank account. Then in year two I wish to draw a larger salary which means involves paying myself the 800 GBP profit from the previous year. This 800 will...
  11. Y

    EU contractor in UK - taxes, legal, etc.

    Hi, this question has been asked many times probably, but I can't find clear & simple answer... I'm a IT contractor and I have a legal company registered in one of EU countries. It's a self-employment. I worked for few companies in EU. It was alway simple to charge them - just a invoice of...
  12. O

    Business Bank Account (when primary income will be in USD) & Tax Situation

    Hi, I have just landed a contract to license some software I have written, with a company based in the US. I have taken the appropriate step of setting up a limited company and now require to choose a suitable business bank account to collect the licensing fees, which will be exclusively in USD...
  13. B

    Tax liability of working in the UK for an NYC company

    I'll be working as a contractor based in the UK for a New York City company. From the HMRC website I have discovered that this work is exempt from VAT. However I can't find out whether I will have to pay or charge any taxes on the US side. Does anyone know where I can find relevant information?
  14. K

    Working in USA

    Am keen to find out the tax situation of working in the USA. Have a limited company in the UK I would ideally like to use. The contract will be just less than 6 months. The plan is to spend half the time in the US and the other half in UK with US for client meetings and UK for doing the work...
  15. P

    Moving from Limited to Umbrella (Tax/Dividends Question)

    Hi all, I'm coming up to the end of a year trading as a limited company and I must admit it's been a steep learning curve and quite a few headaches sorting things out (I won't blame my accountants ;) ). I was considering closing down my company and moving to an umbrella company. Obviously I...
  16. D

    Company Car Tax - between companies

    If I became a contractor and wanted to keep my existing company car, would their be tax payable? I'm looking at creating a UK Ltd that will invoice the company I'm working for (my employer). If my employer gives my UK Ltd a car to use is there BIK tax due? How would this work? Does a anyone...
  17. F

    IR35 furor amongst the pidgeons

    First time posting, long time contractor. Although I pretty much exclusively undertake short-term B2B engagements, the vast majority of my colleagues do not and are often on client sites for many multiple of years (6 month rolling extensions) making use of client computer, canteen, social...
  18. G

    Evidence for Client Entertainment Expenses

    I've recently been discussing with my accountant about claiming client entertainment expenses, and it seems to boil down to two options: Claim half of the dinner cost as subsistence. Claim the entire amount as client entertaining. I've worked out that the difference between both cases, once...
  19. B

    Tax on Buy To Let - Complicated Problem!!!

    Hi All, Came accross this forum and seems to be the place to solve my tax issues... I'm buying a buy-to-let flat and want to minimise the tax I have to pay. My plan is as follows: ~ Buy the flat as tenants in common - How do you actually register the fact that you are tenants in common and...
  20. M

    tax refund advice

    Hi, I'm new to this forum so first I will say hi to everyone! This year I was contracting with parasol as an umbrella company. My last contract ended up on August 15th and I resigned parasol on the 21th. After that I decided to take some free time, maybe until next year. I just heard from a...

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  1. Contracting
    1. General
      1. Brexit
    2. Business / Contracts
      1. Coronavirus Assistance
    3. Accounting / Legal
      1. Umbrella Companies
      2. HMRC Scheme Enquiries
      3. The Future of Contracting
      4. IR35 Reform
    4. Technical
    5. Welcome / FAQs
  2. Social
    1. Light Relief
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