LeeR41
9th February 2009, 08:23
I have just taken a job working in Germany. I work for an American Company who have nothing to do with the UK whatsoever.
I am paid every 2 weeks in dollars into an offshore Halifax dollar account. I am in a total quandry as how to deal with my tax issues. I am paid roughly about £4500 a month but haven't been able to decide whether just to pay the tax or set up a limited company.
My accountant seems to be going down the path of paying no tax at all, going for a non tax code. The company are a big experienced company, but I'm not convinced that this is the right course of action to be taking as I don't want the HMRC on my back later down the line.
I'm in the country for more than 90 days a year,but if I take my vacation out of the country I won't be in the country for more than 90 days.
Can anyone tell me the best course of action to be taking?
I am paid every 2 weeks in dollars into an offshore Halifax dollar account. I am in a total quandry as how to deal with my tax issues. I am paid roughly about £4500 a month but haven't been able to decide whether just to pay the tax or set up a limited company.
My accountant seems to be going down the path of paying no tax at all, going for a non tax code. The company are a big experienced company, but I'm not convinced that this is the right course of action to be taking as I don't want the HMRC on my back later down the line.
I'm in the country for more than 90 days a year,but if I take my vacation out of the country I won't be in the country for more than 90 days.
Can anyone tell me the best course of action to be taking?