Contracting with permanent residence elsewhere

nowayingere

Hi lads,

I moved to Ireland around 11 months, initially I started working as permanent but around 1 month ago, I started working as a contractor. I am with an umbrella company, but after speaking with a colleague of mine, it told me that I was not really taking the benefits of being a contractor.

He told that because my permanent residency in not in Ireland (i fly home every two weeks), that I could claim for the rent I pay, for the flights as well as for subsistence.

But how does it really work. I have a UK insurance number, and I go there quite often as well, so could I claim that my permanent residency is in the UK?

And say I have a registered british company, what do I need to do in terms of accounting to start using this company rather than the umbrella company in Ireland?

Any help is welcome.

Marco

srsly78

Mods lock threads looking for advice, you will have to talk to an accountant or tax advisor. Anything involving international stuff gets complicated. There are rules both here and in the UK as to what you can expense.

You should probably start by figuring out which country you are actually legally resident in - there are specific criteria for this.

nowayingere

srsly78 wrote: »

Mods lock threads looking for advice, you will have to talk to an accountant or tax advisor. Anything involving international stuff gets complicated. There are rules both here and in the UK as to what you can expense.

You should probably start by figuring out which country you are actually legally resident in - there are specific criteria for this.

Why would they lock the thread? Isn't the forum a place to get advice from?!

Anyway, I said the UK, because the tax would be better there, but I own two houses in Portugal, one is rented and the other one is here my fiancé is living, and this is registered in Portugal as my permanent residency.

Anyway thanks for the advice.

Marco

srsly78

nowayingere wrote: »

Why would they lock the thread? Isn't the forum a place to get advice from?!

You can charge ****loads for this kind of information, and the mods are tax advisors - go figure!

You haven't actually said where your work is, this also matters. In any case - talk to someone that specialises in international tax - specificially Ireland/UK.

nowayingere

I work in Dublin, I just mentioned UK, because I also hold a british insurance number, maybe it would be more beneficial for tax purposes if I could claim my permanent residency to be based there, but this would be way more difficult to get.

Thanks, and sorry what the same time, because I like I said I thought the forum was a place for people to get advice...

nowayingere

"You can charge ****loads for this kind of information, and the mods are tax advisors - go figure!"

That says it all, thanks.

nowayingere

Just one question. Are there any state tax advisors, I mean do I really have to pay to get advice for this, knowing that is the government data?

srsly78

You can look information up yourself: www.revenue.ie www.hmrc.gov.uk

Interpreting it and applying it is the problem.

If you are spending all your time in Ireland then you are gonna be tax resident here btw, you can't just claim you live in the UK unless you spend more time there.

2ndcoming

nowayingere wrote: »

Just one question. Are there any state tax advisors, I mean do I really have to pay to get advice for this, knowing that is the government data?

Enabling tax avoidance isn't really in the government's interest - go figure!

As hinted in a few of the posts above, if you spend most of your time in Ireland you will be deemed to be an Irish resident, regardless of any property you may have registered as your principal residence in another country.

Residence issues are always complicated, particularly as it seems you are working across various taxheads (PAYE, self-assessment, sub-contracting). I think you would be best advised to seek professional assistance given the numerous factors at play.

Mr. Incognito

Here comes the big bad mod tax advisor to lock the thread.

Not because I could charge you for this, I wouldn't host the forum if that was my bag, but because your fellow humans have a tendency to sue advisors when they give dodgy advice which, if the forum was opened up to everyone giving advice would become a mine of dangerous misinformation. And in my experience those that get free advice are faster to turn on you. Maybe it's some sense of entitlement.

If anyone wants to give me a copy of their professional indemnity insurance they can feel free to post tailored advice.