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Where Taxpayers and Advisers Meet

UK resident employed by Swiss firm

wokkywokky
Posts: 1
Joined: Sat Apr 28, 2018 9:01 pm

UK resident employed by Swiss firm

Postby wokkywokky » Sat Apr 28, 2018 9:23 pm

Hi all. First post here as I require some help with filling in my first self assessment for HMRC.

I am employed by a Swiss firm. I live and work in the UK running the business from my home. My salary is paid gross directly to me therefore I need to work out my liability for the tax man. My question is what items can I claim tax relief for? I have tried looking on HMRC's site but its like looking for a needle in a haystack. I have read that there I can claim against items such as gas, electricity, council tax etc, can anyone point me to a guide of some sort or give me a run down on the items I can claim for and at what rates?

AdamS93
Posts: 220
Joined: Tue Sep 26, 2017 6:28 pm

Re: UK resident employed by Swiss firm

Postby AdamS93 » Sun Apr 29, 2018 11:19 am

If you are employed by a Swiss firm, the Swiss firm has an obligation to register for PAYE in the UK and deduct income tax an national insurance at source - this is your main issue. You way want to get this sorted as if you ever needed to claim sick pay/maternity pay/paternity pay you will struggle.

With regards to expenses, for employees, it is not as generous as for self-employed individuals.

The flat rate expenses HMRC allow are £4 per week for working from home. You can work out the additional costs you incurr as a result of working from home (compare bills from before you started working from home to after or use a more scientific approach using hours and floor space if you have a home office but most don't bother as it will not generally save you much tax and just go for the flat rate of £4 per week.

Any other costs have to be incurred wholly, exclusively and necessarily to get a deduction for tax purposes.


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