Sole Trader Working Abroad
Posted: Sun Feb 10, 2019 3:53 pm
Tricky question, is it possible for a UK citizen who has not been living in the UK to register as a sole trader while abroad? The intention would be to live overseas but open a UK bank account and pay UK tax on all income earned as a sole trader. If this is possible, would the sole traders spouse be affected by this. The spouse in not a UK citizen and is living and working outside of the UK (paying tax in the country that they live work in).
Re: Sole Trader Working Abroad
Posted: Mon Feb 11, 2019 10:19 pm
If the individual is non-UK resident and performing all of their self employed work outside the UK, UK income tax should not be due; see HMRC guidance below:
As a non-UK resident you will pay tax on profits:
from a trade, profession or vocation (business) you carry on in the UK
from the UK part of a business carried on partly in the UK and partly
However, there are likely to be overseas tax/social security implications and it is suggested good local advice is obtained.