IEC 2020
#61
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Re: IEC 2020
So you'll remain self employed and working for employers in the UK, but from Canada?
#62
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Joined: Jun 2020
Posts: 5
Re: IEC 2020
But with my passport expiry date plus covid, only 1 year may be granted
With regards to paying tax and which country you reside, I'm assuming I would need to inform HMRC if I am still self employed (UK based business) but managing the business from Canada and working for an employer in Canada despite this only being for up to 12 months?
World income is reported to both Canadian AND UK tax authorities?
With regards to paying tax and which country you reside, I'm assuming I would need to inform HMRC if I am still self employed (UK based business) but managing the business from Canada and working for an employer in Canada despite this only being for up to 12 months?
World income is reported to both Canadian AND UK tax authorities?
#63
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Joined: Nov 2011
Location: Somewhere between Vancouver & St Johns
Posts: 19,847
Re: IEC 2020
But with my passport expiry date plus covid, only 1 year may be granted
With regards to paying tax and which country you reside, I'm assuming I would need to inform HMRC if I am still self employed (UK based business) but managing the business from Canada and working for an employer in Canada despite this only being for up to 12 months?
World income is reported to both Canadian AND UK tax authorities?
With regards to paying tax and which country you reside, I'm assuming I would need to inform HMRC if I am still self employed (UK based business) but managing the business from Canada and working for an employer in Canada despite this only being for up to 12 months?
World income is reported to both Canadian AND UK tax authorities?
#64
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Joined: Oct 2007
Location: In a darkened room somewhere.............
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Re: IEC 2020
Ah, I see. Personally I'd renew my passport to get the full 2 years - you never know what may happen, if you wanted to stay longer but couldn't that would be awful!
You will be tax resident in Canada, so that is normally where you'd pay tax. Most people submit a P85 when they leave the UK and then don't have to report anything to HMRC, but in some cases (i.e. income from UK property) they still have to submit a tax return, and you will probably be the same. I'd suggest you start a new thread in the main Canada forums about tax where the tax pros will see it, your question may be lost tacked on to the end of a thread about visas.
With regards to paying tax and which country you reside, I'm assuming I would need to inform HMRC if I am still self employed (UK based business) but managing the business from Canada and working for an employer in Canada despite this only being for up to 12 months?
World income is reported to both Canadian AND UK tax authorities?
World income is reported to both Canadian AND UK tax authorities?
#65
Just Joined
Joined: Jun 2020
Posts: 5
Re: IEC 2020
yes will do, thanks for the info
Just hoping we get more info on IEC 2020 rounds if anything changes at all!
Just hoping we get more info on IEC 2020 rounds if anything changes at all!