Brexit and me

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ssg007
Posts: 54
Joined: Fri Sep 07, 2012 10:32 am

Brexit and me

Post by ssg007 » Tue Feb 19, 2019 9:51 am

So, I have been working in London for a British company. The majority of the workforce of the  company are from EU.  Due to the Brexit chaos, the company is considering letting it's employees to do remote work from their own countries (as a trial).

I looked through the Vero website for such scenario, employed by a foreign employer but also paid in that foreign country (hence paying taxes also in that foreign country). Unfortunately,  vero has no such direct category.

I wonder if there is anyone in this group in such similar situation.  I would like to hear from you.

Many thanks!



Brexit and me

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SecretCode
Posts: 47
Joined: Fri Dec 27, 2013 8:01 pm

Re: Brexit and me

Post by SecretCode » Tue Feb 19, 2019 10:43 am

You and your employer can decide where you work and how you get paid, but Vero decides how you get taxed, and if you're resident in Finland (for longer than 6 months) you'll be taxed in Finland.

HMRC also decides how you get taxed, and if you're being paid by a UK employer into a UK account they'll probably be inclined to tax you too.

What you need here is a double-taxation relief treaty, and in the event of no deal, there won't be such a thing, so simply residing outside the UK - while it would sort out the immigration status - could cost you in tax.
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Upphew
Posts: 10329
Joined: Tue Apr 08, 2008 10:55 pm
Location: Lappeenranta

Re: Brexit and me

Post by Upphew » Tue Feb 19, 2019 11:07 am

SecretCode wrote:
Tue Feb 19, 2019 10:43 am
You and your employer can decide where you work and how you get paid, but Vero decides how you get taxed, and if you're resident in Finland (for longer than 6 months) you'll be taxed in Finland.

HMRC also decides how you get taxed, and if you're being paid by a UK employer into a UK account they'll probably be inclined to tax you too.

What you need here is a double-taxation relief treaty, and in the event of no deal, there won't be such a thing, so simply residing outside the UK - while it would sort out the immigration status - could cost you in tax.
As far as I understand the UK-Finland tax treaty is alive and well, at least according to vero.fi:
https://www.vero.fi/en/detailed-guidanc ... x_treatie/
http://google.com http://translate.google.com http://urbandictionary.com
Visa is for visiting, Residence Permit for residing.


SecretCode
Posts: 47
Joined: Fri Dec 27, 2013 8:01 pm

Re: Brexit and me

Post by SecretCode » Tue Feb 19, 2019 3:13 pm

That's good. If the tax treaty is simply bilateral, independent of EU status - and it looks that way - then there won't be a problem.
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