Unusual situation?
Jul 6th 2012, 3:24 pm
#1
Just Joined
Thread Starter
Joined: Jul 2012
Location: Nanoose Bay, BC
Posts: 8
Unusual situation?
Hi everyone, been lurking around here for a while now.
Last October we received PR and have plans to move over to BC, October this year.
I've seen lots of posts of folks in similar situations but nothing ever seems to match to your own situation!
My wife will be living in BC 'full time'. I on the other hand will be commuting to Azerbaijan where i have a steady contract (for now).
I will continue to be employed by a UK company and my salary will come from the UK and either paid into my UK bank account or direct into the RBC.
They will pay me without deducting taxes, apart from the Azerbaijan income tax.
I have a 28 days on, 28 days off contract and I'm not sure this whole boring tax thing will work. Regardless of the time spent out of Canada I will be declaring my world wide income but is there the 180 day rule like the UK?
I realise that I need to also meet the 730 day rule to maintain PR.
The more you think about something, the more complicated it's going to be!
I'm not averse to paying tax, I've done it so far, I just don't want to get caught out down the line by not paying something I should have done, or in fact paying tax when I didn't need to
Hopefully you'll all have something to comment on,
BR
Mark.
Last October we received PR and have plans to move over to BC, October this year.
I've seen lots of posts of folks in similar situations but nothing ever seems to match to your own situation!
My wife will be living in BC 'full time'. I on the other hand will be commuting to Azerbaijan where i have a steady contract (for now).
I will continue to be employed by a UK company and my salary will come from the UK and either paid into my UK bank account or direct into the RBC.
They will pay me without deducting taxes, apart from the Azerbaijan income tax.
I have a 28 days on, 28 days off contract and I'm not sure this whole boring tax thing will work. Regardless of the time spent out of Canada I will be declaring my world wide income but is there the 180 day rule like the UK?
I realise that I need to also meet the 730 day rule to maintain PR.
The more you think about something, the more complicated it's going to be!
I'm not averse to paying tax, I've done it so far, I just don't want to get caught out down the line by not paying something I should have done, or in fact paying tax when I didn't need to
Hopefully you'll all have something to comment on,
BR
Mark.
Jul 6th 2012, 3:27 pm
#2
ModerĪ±tor Emeritus
Joined: Sep 2003
Location: Upstate South Carolina
Posts: 30,768
Re: Unusual situation?
Welcome to BE,
Seems to me a no brainer that you will be liable for canadian income tax, you will be resident here about half the year ( so no concerns regarding maintaining PR), and have a wife and home established here.
Save about a third of your income and pay off what you owe in the spring tax season if they cant figure out how to do this at source.
No idea if there are reciprocal tax treaties between Canada and Azerbaijan, it would suck if there isnt.
Seems to me a no brainer that you will be liable for canadian income tax, you will be resident here about half the year ( so no concerns regarding maintaining PR), and have a wife and home established here.
Save about a third of your income and pay off what you owe in the spring tax season if they cant figure out how to do this at source.
No idea if there are reciprocal tax treaties between Canada and Azerbaijan, it would suck if there isnt.
Last edited by iaink; Jul 6th 2012 at 3:30 pm.
Jul 6th 2012, 4:05 pm
#3
Binned by Muderators
Joined: Jul 2007
Location: White Rock BC
Posts: 11,682
Re: Unusual situation?
http://www.fin.gc.ca/treaties-conven...aijan_-eng.asp
Article 4 is pretty much the same as the UK Canada treaty.
Article 4 is pretty much the same as the UK Canada treaty.
Jul 7th 2012, 2:45 am
#4
Forum Regular
Joined: Dec 2008
Posts: 224
Re: Unusual situation?
Why not get a job in Canada even if it's less money and Spend more time with your wife?
Jul 8th 2012, 2:24 am
#5
Just Joined
Thread Starter
Joined: Jul 2012
Location: Nanoose Bay, BC
Posts: 8
Re: Unusual situation?
Thanks for your comments. That's pretty much what I thought.
I'd rather do my own taxes, when I have access to someone with knowledge rather than let my work sort out the deductions.
As for for getting a job at 'home', well that's the overall plan is to do just that, but in the meantime, I'd thought keeping my current job in the meantime because I can would smooth the move over.
Having read some of the posts on here we're going to need all the help we can get!
Now just need that house in the UK to sell...
I'd rather do my own taxes, when I have access to someone with knowledge rather than let my work sort out the deductions.
As for for getting a job at 'home', well that's the overall plan is to do just that, but in the meantime, I'd thought keeping my current job in the meantime because I can would smooth the move over.
Having read some of the posts on here we're going to need all the help we can get!
Now just need that house in the UK to sell...
