Contracting overseas

[Siron]

I am originally from a European country but moved to the uk 6 years ago (I have settled status). I work full time in the financial sector in London.

I have gotten an opportunity to work part time (8–10h per week) for a startup in Europe. Hours are flexible and I can choose myself. I would be able to combine this with my current full time job and see if the startup work suits me better.

I was wondering if anyone has some insight on the tax rules and implications? I don’t have to do a yearly self assessment yet but I assume that would change when taking this job? Would I also have to pay tax to the European country where the startup is located?

Thanks!

 

[Newchodge]

I am originally from a European country but moved to the uk 6 years ago (I have settled status). I work full time in the financial sector in London.

I have gotten an opportunity to work part time (8–10h per week) for a startup in Europe. Hours are flexible and I can choose myself. I would be able to combine this with my current full time job and see if the startup work suits me better.

I was wondering if anyone has some insight on the tax rules and implications? I don’t have to do a yearly self assessment yet but I assume that would change when taking this job? Would I also have to pay tax to the European country where the startup is located?

Thanks!

Is the start up employing you or are you going to invoice them for your work?

 

[gpietersz]

Where in Europe? laws vary by country. Will you be an employee under their law? Will you be an employee under UK law?

Will they be willing to be flexible about terms so you can avoid being an employee? The simplest solution is to be a contractor being paid for services and avoid being an employee in either country.

 

[Newchodge]

I am originally from a European country but moved to the uk 6 years ago (I have settled status). I work full time in the financial sector in London.

I have gotten an opportunity to work part time (8–10h per week) for a startup in Europe. Hours are flexible and I can choose myself. I would be able to combine this with my current full time job and see if the startup work suits me better.

I was wondering if anyone has some insight on the tax rules and implications? I don’t have to do a yearly self assessment yet but I assume that would change when taking this job? Would I also have to pay tax to the European country where the startup is located?

Thanks!

Just an aside, your heading, contracting overseas does not work on a UK forum. You are contracting to an overseas company.