tax while working abroad??

C

confussed

Guest
Hi everyone,
I am in a wierd tax situation. I am a self employed engineering contractor, but I do not work in Ireland. I work in other EU coutries except the UK simply because mainland europe has a better rate for my profession. For example: when a job comes up I will receive a call from any of the several agencies I am registered with in the UK, they will say something like "our client in Denmark has a requirement for you for 3 months, at €x per hour, expect 60 hrs per week, flights and accomadation etc included".

Now I will accept the offer and go to Denmark work for the Danish company, send my timesheet to the agency weekly (the agency will invoice Danish company at the rate they agreed , then it takes their cut and pays me the rate we agreed!!!). BUT I had to register with whats called an umbrella company in the UK,who have my banking details etc (eg here http://nopalaver.co.uk/ or http://www.paytechpayroll.co.uk/). The agency said they could not by law pay me directly into my personal account but could pay me through these umbrella companies. So the umbrella company also takes a cut and they pay me the following friday into my personal bank account which is in Ireland.

So the money goes from Danish company-agency-umbrella company-me!
I lose about €100 per week through bank charges and umbrella company charges.

I have never been asked in any country to pay tax.
Is this illegal?
I just want to know do I have to pay tax? If so to who etc?
If so whats the best way to pay the least tax, a friend advised me to set up a Ltd company, she also said she thinks I can become non resident?:confused:

Im a first time poster and I hope I have explained my question clearly.
I dont want to come home some day to a letter from the Revenue, im trying to go about this the right way. Please let me know what you think or if you can shed some light on this. Cheers.
 
I see it might be a good idea to change professions ;)

If no one asked you to pay taxes why da hell do you brag about it, just keep quiet and you retire 20 years earlier than most !

We all work from 01.01 to about middle April just to pay taxes and only than we "start" working for our selves, never heard of the tax free holiday?
(It's they day of the year where you stop working to pay for taxes and start working for you're selft) It takes a full 3.5 months in most coutries to just pay for taxes, before if you had to work more than 30% for some1 else it was called slavery.
 
If you are Irish resident and domiciled, you are taxable in Ireland on all earnings worldwide. You are taxable under self-assessment, and should be filing tax returns each year.

You also need to look at the position regarding the other countires that you work in, as you may have lliabilities there.

This is a messy situation and you should seek professional advice from someone who can deal with these issues.

I would comment that I did work for a very short time for one of these UK companies who operated umberella companies for contractors, but I found their practices unethical, and did not stay for long- I'm not saying that the company you are using is doing this!

www.taxingtimes.ie
 
..

This is a messy situation and you should seek professional advice from someone who can deal with these issues..

A psychiatrist ? lol I am not saying that not paying taxes is legal but you just might get away with it if you're smart

Make sure to keep you're finances obfuscated, get a 2nd account outside Ireland or Britain
 
Back
Top