DTA and tax advice
Oct 17th 2017, 3:30 pm
#1
Just Joined
Thread Starter
Joined: Oct 2017
Posts: 2
DTA and tax advice
Hi everyone,
I am flying to SG for a 24-month, full-time contract on Sunday and I thought I was all set with tax, but I've seen a couple of things today that have worried me.
Double-tax treaty (DTA)
I've read that HMRC has a double-tax treaty with Singapore ... I wasn't aware of this. Does that mean that double-taxation won't occur as a UK resident going to work out in Singapore?
P85
With the above in mind, what is the relevance of all the overseas tests and residency/tax year queries on the P85?
I understand one should be completed for a potential tax rebate and I believe I am eligible for split-year treatment (I am a UK resident, was last year, won't be next year and I think I meet the third auto overseas test), but is this even something I need to consider if there is a DTA?
I'm no tax expert, and I appreciate you may not be either, but any assistance or clarification would be very much appreciated.
Rory
I am flying to SG for a 24-month, full-time contract on Sunday and I thought I was all set with tax, but I've seen a couple of things today that have worried me.
Double-tax treaty (DTA)
I've read that HMRC has a double-tax treaty with Singapore ... I wasn't aware of this. Does that mean that double-taxation won't occur as a UK resident going to work out in Singapore?
P85
With the above in mind, what is the relevance of all the overseas tests and residency/tax year queries on the P85?
I understand one should be completed for a potential tax rebate and I believe I am eligible for split-year treatment (I am a UK resident, was last year, won't be next year and I think I meet the third auto overseas test), but is this even something I need to consider if there is a DTA?
I'm no tax expert, and I appreciate you may not be either, but any assistance or clarification would be very much appreciated.
Rory
Oct 18th 2017, 12:44 am
#2
BE Forum Addict
Joined: Apr 2005
Posts: 1,755
Re: DTA and tax advice
Shirley your employer can advise you on this?
Oct 19th 2017, 1:47 am
#4
BE Forum Addict
Joined: Apr 2005
Posts: 1,755
Re: DTA and tax advice
You could try finding an overseas tax consultant in UK who could give you advise.
Oct 24th 2017, 6:15 am
#5
Just Joined
Joined: Aug 2014
Posts: 25
Re: DTA and tax advice
https://ottaviaholdings.com/resource...rvices/1061-2/
Good explanation here, but in short its a good agreement and nothing to worry about
Good explanation here, but in short its a good agreement and nothing to worry about
