Help Help Help Quick Quick Quick!!!
May 15th 2008, 4:39 pm
#1
Just Joined
Thread Starter
Joined: Apr 2008
Location: Birmingham
Posts: 1
Help Help Help Quick Quick Quick!!!
Hi everyone.
My partner and I are hoping to be moving out to Barbados in the middle of June. We are from the UK and have had a job offer and have been told that we'll need to be paid part in a Barbados account and part to UK account with the tax we get deducted from Barbados account paid back through the UK account...all very confusing. We need to find out what's the best way to pay as little tax as possible in the long run. We do have financial commitments in the UK (mortgage and the likes)....is anyone in the same position? We'd be most grateful for any guidance.
Cheers!!
My partner and I are hoping to be moving out to Barbados in the middle of June. We are from the UK and have had a job offer and have been told that we'll need to be paid part in a Barbados account and part to UK account with the tax we get deducted from Barbados account paid back through the UK account...all very confusing. We need to find out what's the best way to pay as little tax as possible in the long run. We do have financial commitments in the UK (mortgage and the likes)....is anyone in the same position? We'd be most grateful for any guidance.
Cheers!!
May 18th 2008, 1:49 am
#2
Saturday Surfer
Joined: Jan 2008
Location: Hastings, Barbados
Posts: 47
Re: Help Help Help Quick Quick Quick!!!
Hi everyone.
My partner and I are hoping to be moving out to Barbados in the middle of June. We are from the UK and have had a job offer and have been told that we'll need to be paid part in a Barbados account and part to UK account with the tax we get deducted from Barbados account paid back through the UK account...all very confusing. We need to find out what's the best way to pay as little tax as possible in the long run. We do have financial commitments in the UK (mortgage and the likes)....is anyone in the same position? We'd be most grateful for any guidance.
Cheers!!
My partner and I are hoping to be moving out to Barbados in the middle of June. We are from the UK and have had a job offer and have been told that we'll need to be paid part in a Barbados account and part to UK account with the tax we get deducted from Barbados account paid back through the UK account...all very confusing. We need to find out what's the best way to pay as little tax as possible in the long run. We do have financial commitments in the UK (mortgage and the likes)....is anyone in the same position? We'd be most grateful for any guidance.
Cheers!!
If you want guidance - don't accept the offer. If you are looking to save on taxes here that's easily done, personal income tax is much lower here. Or - talk to an accountant in the UK and one in Barbados. Easy as that.
