Home Forums General Financial, Tax and Insurance Working abroad and living in UK Reply To: Working abroad and living in UK

Reply To: Working abroad and living in UK

Home Forums General Financial, Tax and Insurance Working abroad and living in UK Reply To: Working abroad and living in UK

#33980
deepseacon
Participant

You would quite possible need to be registered for self employment so then getting a UTR Number allowing you to do TAX Returns as a Self Employed contractor.

You would pay Class 2 NI from date you say your self employed.

And have an option which other class NI you pay 4 is min option i think.

Tax you pay can be offset against certain expense’s.

You would pay a lot less than if your company pay rolled you through the UK.

But your NI could be of less value in later years if you choice class 4.

Best to put some cash away what you save though each year using this method of being paid.

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