working abroad

[nurse1967]

my partner has been offered work abroad which will be tax free, does anyone know about off shore accounts and how we get the money here legally etc

[EDDIE51]

As long as he is working abroad and does not enter the UK for more than the permitted number of days in any one tax year no UK tax is due. So you can have the cash paid into an ordinary UK account. The only problem arises if the account earns intrest then UK tax will be due on the intrest . Offshore accounts do not have to pay tax on the intrest as long as the account holder is non resident in UK. With the present low level of intrest on bank accounts it is not worth bothering with an offshore account unless you are going to have tens of thousands of £s in it.
I worked tax free in Saudi Arabia for 3 years and never needed an offshore account.

[d9f1c7]

Residents of the UK are taxed on their world wide income. Location of the money and the work are largely irrelevant. What matters is where he lives. if he's in the country more than 90 days he will be liable for tax on world wide income. That's why half the upper house are non doms.

[boxtops]

The rules are changing though, if I recall something I read recently - the person may be taxed soon in the country in which they are working. There was a thread on here not so long ago about this.

[EDDIE51]

here is the actual government document.
http://www.direct.gov...IntoTheUK/DG_10026136
As I said you are allowed 186 days in the UK in any one tax year, Your work must be all overseas and the company you work for must be based overseas.
I worked like this for 7 years in Africa and the Middle east.
The only things you need to be careful about are the time in the UK, just an hour over the limt will land you a tax bill, and not doing any work at all inside the UK. I know of people who agreed to make a few technical visits while they were back home on leave in UK and they got taxed !