My situation is as follows:
I worked for most of my life in the UK and paid tax via PAYE. In December 2019 I took early retirement from my NHS job so that I could move, with my husband to New Zealand In Feb 2020. He has a work to residence visa for 30 months and I have the same type of visa. I am now in receipt of my NHS pension which is paid into my UK bank account which I have kept open. We also receive a rental income from our house in the UK. I have decided that I would like to do some consultancy work for organisations in the UK. I have been approached by a couple of organisations in the UK and asked if I am interested in undertaking some consultancy work for them. I am an epidemiologist and would be analysing data and writing reports based on open source data. I would be able to undertake the work in New Zealand, as it can be done anywhere with internet access. There would be no requirement for travel to the UK. As I am planning to invoice in pounds sterling and ask for payment to be made to my UK bank account I am thinking that this means I need to register as a sole trader in the UK. Am I allowed to do this ? If so, do I need a UK address, and could I use my house in the UK as my business address, even though it is rented out? Please note that I have no intention of doing any consultancy work for NZ clients.
As I am not planning to spend any time in the UK in the 2020/21 tax year, other than perhaps a 2 week holiday, I assume i will be tax resident in New Zealand and that I will be taxed on my UK consultancy fees in New Zealand, rather than UK. Am I correct in this assumption ?
Any advice would be much appreciated.
Thanks
- Home
-
Tax News
- Budgets and Autumn Statements
- Income Tax
- Business Tax
- PAYE and Payroll Taxes, National Insurance, NICs
- Company Taxation
- Savings & Investments, Pensions & Retirement
- Capital Gains Tax, CGT
- Property Taxation
- Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
- Tax Investigations & Enquiries
- VAT & Excise Duties
- Stamp Duty, Stamp Duty Land Tax, SDLT
- International Tax
- HMRC Administration, Practice and Methods
- Professionals in Practice & Industry
- General
- TaxationWeb
-
Tax Articles
- Budgets and Autumn Statements
- Income Tax
- Business Tax
- PAYE and Payroll Taxes, National Insurance, NICs
- Company Taxation
- Savings and Investments, Pensions and Retirement
- Capital Gains Tax, CGT
- Property Taxation
- Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
- Tax Investigations & Enquiries
- VAT & Excise Duties
- Stamp Duty, Stamp Duty Land Tax, SDLT
- International Tax
- HMRC Administration, Practice & Methods
- Professionals in Practice & Industry
- General
- Tax Tips
-
Tax Forum
- Income Tax
- Business Tax
- PAYE and Payroll Taxes, National Insurance, NICs
- Company Taxation
- Savings & Investments, Pensions & Retirement
- Capital Gains Tax, CGT
- Property Taxation
- Inheritance Tax, IHT, Trusts & Estates, Capital Taxes
- Tax Investigations and Enquiries
- VAT & Excise Duties
- Stamp Duty, Stamp Duty Land Tax, SDLT
- International Tax
- HMRC Administration, Practices & Methods
- Professionals in Practice & Industry
- General
- Tax Jobs
- Get in Touch