ROVworld Subsea Information

Advertise on ROVworld.com!
ROVworld Subsea Information: Forums

View next topic
View previous topic
Quote
Hi Guys,

I completed a job in Norway. I was wondering if I've paid too much tax and if it's worth paying a company a few hundred to pursue it for me?

Gross taxable = 16,300.89 GBP

Tax deducted = 4,348.47 GBP

Any advice welcome!

Cheers.
Quote
26% tax, thats quite good! Why would you think its too high?
Quote
Ullevi wrote:
Hi Guys,

I completed a job in Norway. I was wondering if I've paid too much tax and if it's worth paying a company a few hundred to pursue it for me?

Gross taxable = 16,300.89 GBP

Tax deducted = 4,348.47 GBP

Any advice welcome!

Cheers.


Hi, I am not sure if you got and answer on this question. Was this for the full Norwegian tax year ? If you can lgive me some more information I would be happy to have a quick look at this for you - Gratis !
Kind Regards
Steve White


Your Tax Office Ltd
+44 (0) 1438 940 944
Quote
while paying tax is a not a good idea for most it surely depends on if you gained or lost from your normal place of work ie your day rate was less than working in another sector why go to Norway.

the 10% extra some northsea operators pay for say uk contractors to come here is far to low.

Anyway many guys come here and never pay any tax.
Quote
For US citizens there is no tax obligation to Norway if total days in Norway are less than 60 in a tax year. EU countries have a different tax agreement with Norway.
Quote
turtle wrote:
For US citizens there is no tax obligation to Norway if total days in Norway are less than 60 in a tax year. EU countries have a different tax agreement with Norway.


Surely the name of the game is to get the best return on gross income ignoring any uplift on daily rate compensation ? Most of my UK clients working onshore in Norway are achieving retention of around 70% of gross earnings. If working offshore this could be improved.
Kind Regards
Steve White


Your Tax Office Ltd
+44 (0) 1438 940 944
Quote
huh?
Quote
YourTaxOffice wrote:
turtle wrote:
For US citizens there is no tax obligation to Norway if total days in Norway are less than 60 in a tax year. EU countries have a different tax agreement with Norway.


Surely the name of the game is to get the best return on gross income ignoring any uplift on daily rate compensation ? Most of my UK clients working onshore in Norway are achieving retention of around 70% of gross earnings. If working offshore this could be improved.


So they are paying 30%? The OP appeared to have paid only 25% so I guess thats better.
Quote
rayshields wrote:
YourTaxOffice wrote:
turtle wrote:
For US citizens there is no tax obligation to Norway if total days in Norway are less than 60 in a tax year. EU countries have a different tax agreement with Norway.


Surely the name of the game is to get the best return on gross income ignoring any uplift on daily rate compensation ? Most of my UK clients working onshore in Norway are achieving retention of around 70% of gross earnings. If working offshore this could be improved.


So they are paying 30%? The OP appeared to have paid only 25% so I guess thats better.


That's so far. Lets see what transpires when the local tax authority (where the OP is resident) want their share as well. Rolling Eyes
Quote
jamesmc wrote:
rayshields wrote:
YourTaxOffice wrote:
turtle wrote:
For US citizens there is no tax obligation to Norway if total days in Norway are less than 60 in a tax year. EU countries have a different tax agreement with Norway.


Surely the name of the game is to get the best return on gross income ignoring any uplift on daily rate compensation ? Most of my UK clients working onshore in Norway are achieving retention of around 70% of gross earnings. If working offshore this could be improved.


So they are paying 30%? The OP appeared to have paid only 25% so I guess thats better.


That's so far. Lets see what transpires when the local tax authority (where the OP is resident) want their share as well. Rolling Eyes


In addtion to that, the overall retention rate is likle to come down the more that is earned and falls above the higher SurTax threshold. When I quote 70% that is with earnings of gross Circa £100k.
Kind Regards
Steve White


Your Tax Office Ltd
+44 (0) 1438 940 944
Quote
YourTaxOffice wrote:
In addtion to that, the overall retention rate is likle to come down the more that is earned and falls above the higher SurTax threshold. When I quote 70% that is with earnings of gross Circa £100k.


Ah, so you can't be talking about ROV people because every day people are saying on here how poorly paid they are Laughing Laughing

Display posts from previous:







View next topic
View previous topic
You cannot post new topics in this forum
You cannot reply to topics in this forum
You cannot edit your posts in this forum
You cannot delete your posts in this forum
You cannot vote in polls in this forum
You can attach files in this forum
You can download files in this forum