Declined for Norwich & Peterborough Gold Classic. What's next?

Archi_Bald

ChrisNY wrote: »

I have been living in The UK for the last 12 months.
Im EU citizen living with my girlfriend in London and i am currently employed out of the UK but i have the option and work remotely. I am not looking for a job in the UK for the moment but i am a resident (so i guess i am considered as unemployed)

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2. Annual income is 22.000 EURO for the moment but in the UK i am unemployed.

I am afraid, you got this entirely wrong. You are not unemployed at all.

As you have been living in the UK for the last 12 months, there is every chance that you are liable for UK income tax. If you are also paying tax in another country, there will be a double taxation agreement which will ensure you aren't unfairly taxed twice but there are very clear rules about where you have to pay tax - it is usually your country of residence.

I would urge you to contact HMRC to discuss your tax matters with them before they contact you. As you have a number of UK bank accounts, there is every chance HMRC will track you down eventually. It could get very expensive for you if they find that you are evading UK tax which you seem to be doing now.

grumbler

ChrisNY wrote: »

...Is this accurate or should i follow your suggestion?

I don't think it's worth wasting a credit search if it's 0%.
However, if you sort out your tax affairs (as you have to) and get 'employed', you'll be much more likely to get accepted.

ChrisNY_2

Archi_Bald wrote: »

I am afraid, you got this entirely wrong. You are not unemployed at all.

As you have been living in the UK for the last 12 months, there is every chance that you are liable for UK income tax. If you are also paying tax in another country, there will be a double taxation agreement which will ensure you aren't unfairly taxed twice but there are very clear rules about where you have to pay tax - it is usually your country of residence.

I would urge you to contact HMRC to discuss your tax matters with them before they contact you. As you have a number of UK bank accounts, there is every chance HMRC will track you down eventually. It could get very expensive for you if they find that you are evading UK tax which you seem to be doing now.

I pay all the taxes in the origin country. The annual salary mentioned is after taxes thus there is nothing to be afraid of.. If they contact me i have all the documents needed from the local tax office of my origin country. I choose to pay taxes in my origin country since i am still employed over there despite the fact that i pay more. If i stop working or if i find a job in the UK i will change my taxation country too.

System

N&P did offer you a way in - they offered you their 'start' account which is upgradeable to their full account. The clue is in the name.

FYI - it does use Faster Payments unlike what someone said earlier.

You seem to want banks to operate as if Euro if it's their currency of operation - it's a foreign currency in the UK for the time being.

You also arrived relatively recently with no UK income so I'd say banks are not going to fall over themselves to get your custom.

Archi_Bald

ChrisNY wrote: »

I choose to pay taxes in my origin country since i am still employed over there despite the fact that i pay more. If i stop working or if i find a job in the UK i will change my taxation country too.

Afraid, you are wrong again. It is most certainly not down to you to choose to pay your taxes where you like to pay them. You have to comply with the laws of the country you live in. This is not particular to the UK but is the case in all countries.

The HMRC will be able to definitively tell you whether you are considered resident for UK tax purposes, but broadly speaking if you spend more than half the financial year in a given country, you have to pay tax in that country.

ChrisNY_2

Archi_Bald wrote: »

Afraid, you are wrong again. It is most certainly not down to you to choose to pay your taxes where you like to pay them. You have to comply with the laws of the country you live in. This is not particular to the UK but is the case in all countries.

The HMRC will be able to definitively tell you whether you are considered resident for UK tax purposes, but broadly speaking if you spend more than half the financial year in a given country, you have to pay tax in that country.

You are wrong , please do not insist.
I have no option not to be pay taxes for my income in my origin country since the income is from employing activities.

The tax is held from my monthly payments automatically and none is going to return me these taxes. Since there is a double taxation form which can be declared from the local tax office for this income , i cannot be double taxed. There an arrangement between my origin EU country and UK.

ChrisNY_2

Heng_Leng wrote: »

N&P did offer you a way in - they offered you their 'start' account which is upgradeable to their full account. The clue is in the name.

FYI - it does use Faster Payments unlike what someone said earlier.

You seem to want banks to operate as if Euro if it's their currency of operation - it's a foreign currency in the UK for the time being.

You also arrived relatively recently with no UK income so I'd say banks are not going to fall over themselves to get your custom.

It may looks like this but it is not.
When i was moved i searched for similar bank services in my origin country in order to avoid having an account in UK. The charges were really high so i decided to start banking in the UK.

A year ago we had to took a big decision with my girlfriend.
She had to move to my origin country or vise versa.
I had the option to work by email and phone. She hasn't so i moved in order not to loose 50% of our income.

I know that this way its harder to start operating with UK banks but i don't have more options for the moment.

Voyager2002

ChrisNY wrote: »

You are wrong , please do not insist.
I have no option not to be pay taxes for my income in my origin country since the income is from employing activities.

The tax is held from my monthly payments automatically and none is going to return me these taxes. Since there is a double taxation form which can be declared from the local tax office for this income , i cannot be double taxed. There an arrangement between my origin EU country and UK.

No, you have been told about the law in the UK.

You need to contact HMRC and explain your situation, and allow them to advise you on how to comply with the law here. It is possible that the amount of tax that is deducted from your wages will be adjusted to avoid double taxation: I don't know what will happen. I do know that if you do nothing you could end up in a lot of trouble.

Archi_Bald

ChrisNY wrote: »

You are wrong , please do not insist.

I am not wrong. You are. But I leave you to hang yourself.

ChrisNY_2

Voyager2002 wrote: »

No, you have been told about the law in the UK.

You need to contact HMRC and explain your situation, and allow them to advise you on how to comply with the law here. It is possible that the amount of tax that is deducted from your wages will be adjusted to avoid double taxation: I don't know what will happen. I do know that if you do nothing you could end up in a lot of trouble.

Please check the link hereunder. There is no option not to pay tax for the income i have as an employee in Greece.

http://europa.eu/youreurope/citizens/work/taxes/income-taxes-abroad/greece/index_en.htm

Currently i pay :

1. Tax as employee for the income earned in Greece (higher than UK tax for the same income).
2. National Insurance (part is paid by my boss and part is paid by me) even if i don't want to cause there is NO OPTION not to pay for national insurance if you are an employee.
3. In UK i am covered by a private insurance paid by myself.