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: 146
- Joined: Fri Dec 27, 2013 8:01 pm
Re: Brexit and me
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.
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.
Re: Brexit and me
As far as I understand the UK-Finland tax treaty is alive and well, at least according to vero.fi:SecretCode wrote: ↑Tue Feb 19, 2019 10:43 amYou 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.
https://www.vero.fi/en/detailed-guidanc ... x_treatie/
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Visa is for visiting, Residence Permit for residing.
Visa is for visiting, Residence Permit for residing.
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SecretCode
- Posts: 146
- Joined: Fri Dec 27, 2013 8:01 pm
Re: Brexit and me
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.