Quizzes & Puzzles60 mins ago
UK resident to be employed in Malaysia, living in Vietnam - where and how to pay tax?!
1 Answers
My husband and I will be moving to Vietnam with my job shortly. He has been offered work with a Canadian company with offices in Malaysia, which will involve travel to other SEA countries. However, neither we nor the company know the best way in which to pay him, with regards to tax and so on - does any helpful ABer have any idea?
Thanks in advance!
Thanks in advance!
Answers
Best Answer
No best answer has yet been selected by nemobell. Once a best answer has been selected, it will be shown here.
For more on marking an answer as the "Best Answer", please visit our FAQ.This is not straightforward, but start by looking at the link below.
You need to get your head around the definition of the terms 'resident' and 'domiciled'. http://www.direct.gov.uk/en/MoneyTaxAndBenefit s/Taxes/LeavingOrComingIntoTheUK/DG_10027480
You and your husband would not be resident in any tax year when you spend more than 183 days out of the country. However you are always domiciled here.
I believe that means that any income earned abroad that you bring back into the UK will be taxed. I also believe that you can have part of the income paid offshore (locally or elsewhere) for your local expenditure and possibly future non-UK holidays.
Most international companies will pay for their ex-pat staff to get a bit of tax advice before they go out and try and 'help' them minimise tax. Have you asked?
You need to get your head around the definition of the terms 'resident' and 'domiciled'. http://www.direct.gov.uk/en/MoneyTaxAndBenefit s/Taxes/LeavingOrComingIntoTheUK/DG_10027480
You and your husband would not be resident in any tax year when you spend more than 183 days out of the country. However you are always domiciled here.
I believe that means that any income earned abroad that you bring back into the UK will be taxed. I also believe that you can have part of the income paid offshore (locally or elsewhere) for your local expenditure and possibly future non-UK holidays.
Most international companies will pay for their ex-pat staff to get a bit of tax advice before they go out and try and 'help' them minimise tax. Have you asked?
Related Questions
Sorry, we can't find any related questions. Try using the search bar at the top of the page to search for some keywords, or choose a topic and submit your own question.