mrcontractor
Registered User
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- 8
Hi all,
I am looking for some guidance relating to my tax return for 2010 and I would really appreciate some help.
I will list some facts to outline my situation:
1. Jan 2010 - June 2010: I was unemployed and claiming job seekers' benefit.
2. June 2010 – November 2010: I got some IT (contract) work in the UK. Although the work was in the UK, I was invoicing an Irish agency. I didn’t form a limited company; instead I opted for the sole trader option. For the first month I was travelling back to Ireland at the weekends. After the first month, I rented a place and was permanently in the UK. I charged VAT on top of my fees and paid all VAT collected during this period to the revenue. I didn’t pay any tax on the income earned during this period.
3. November 2010 – April 2011: The initial contract was for six months. It got renewed and I decided to form a limited company in the UK on the premise that this would be more beneficial in terms of taxation. I invoiced the Irish agent from the newly formed UK company (no VAT was collected). I paid income tax on any salary or dividends withdrawn during this period. I plan to make a return (Corporation Tax) to the HMRC in April 2012 for the period (April 2010 - April 2011).
I assume that I am not liable to pay any tax in Ireland for the period Nov 2010 – April but obviously do have to make a return for the period June 2010 – Nov 2010.
Can someone confirm this assumption?
Thanks in advance.
I am looking for some guidance relating to my tax return for 2010 and I would really appreciate some help.
I will list some facts to outline my situation:
1. Jan 2010 - June 2010: I was unemployed and claiming job seekers' benefit.
2. June 2010 – November 2010: I got some IT (contract) work in the UK. Although the work was in the UK, I was invoicing an Irish agency. I didn’t form a limited company; instead I opted for the sole trader option. For the first month I was travelling back to Ireland at the weekends. After the first month, I rented a place and was permanently in the UK. I charged VAT on top of my fees and paid all VAT collected during this period to the revenue. I didn’t pay any tax on the income earned during this period.
3. November 2010 – April 2011: The initial contract was for six months. It got renewed and I decided to form a limited company in the UK on the premise that this would be more beneficial in terms of taxation. I invoiced the Irish agent from the newly formed UK company (no VAT was collected). I paid income tax on any salary or dividends withdrawn during this period. I plan to make a return (Corporation Tax) to the HMRC in April 2012 for the period (April 2010 - April 2011).
I assume that I am not liable to pay any tax in Ireland for the period Nov 2010 – April but obviously do have to make a return for the period June 2010 – Nov 2010.
Can someone confirm this assumption?
Thanks in advance.