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

badger09

You might like to read the section on HMRC website re Residence'

Unfortunately some of the links appear to be broken

http://www.hmrc.gov.uk/international/residence.htm

colsten

ChrisNY wrote: »

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

You are in the UK, not in Greece.

Voyager2002

ChrisNY wrote: »

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.

Tell that to the judge...

And I have to say, if my income depended on a Greek company I would be actively looking for something else (the Greek stock market fell by ten per cent this morning...).

ChrisNY_2

colsten wrote: »

You are in the UK, not in Greece.

Not resident in Greece? You only pay tax on income earned there.

I think it is quite clear...

ChrisNY_2

Voyager2002 wrote: »

Tell that to the judge...

And I have to say, if my income depended on a Greek company I would be actively looking for something else (the Greek stock market fell by ten per cent this morning...).

Thank you for your feedback.

ChrisNY_2

adindas wrote: »

I have more than a dozen bank accounts, some of them need funding which varies from £500 to £1500. The funding does not need to be salary.

Regarding your question why people need so many bank accounts. The answer is NO people like me do not need so many bank accounts. But people who have a lot of bank accounts are using various bank accounts to get high interest rate and nd other associated perks.

I think the same way my friend.
I really don't get why it is so difficult for some people to understand it.

I opened the thread in a forum's section dedicated to bank accounts in order to get help and get advantage of the current promotions and i have received answers like (you are going to have tax problems, tell this to the judge , if i were you i would start looking for another job , the stock marker in your origin county falls ,etc).

I have no debts and i use the banks to get the highest benefits as long as i remember myself since i don't give my money to anyone for free.

As clear as this...

Voyager2002

ChrisNY wrote: »

I think the same way my friend.
I really don't get why it is so difficult for some people to understand it.

I opened the post in a forum section dedicated to bank accounts in order to get help and get advantage of the current promotions and i have received answers like (you are going to have tax problems, tell this to the judge , if i were you i would start looking for another job , etc).

I have no debts and i use the banks to get the highest benefits as long as i remember myself since i don't give my money to anyone for free.

As clear as this...

Perhaps the problem is your attitude...

You came here asking for advice, but when people explain the law of the UK and the ways in which banks work you tell them that they are wrong. If you are going to play this game with many banks accounts (as I do) then you need to go to the trouble to understand the system.

Archi_Bald

ChrisNY wrote: »

Not resident in Greece? You only pay tax on income earned there.

I think it is quite clear...

I am afraid, you just got it wrong. The link you provided describes the rules for greek residents, not for greek citizens.

According to yourself, you have been living in the UK for the last 12 months.

ChrisNY wrote: »

I have been living in The UK for the last 12 months.

Therefore, UK rules apply to you at present (as they would to the citizen of any country) and you need to declare your ww income to the HMRC.

Live in the United Kingdom? You must pay tax on your worldwide income there.

(criterion: you lived there for at least 183 days in a 12‑month period)

You can provide the HMRC with proof of the greek taxes you have paid to ensure you aren't paying more tax than you need to but you can't just decide to ignore UK law, and neither can your employer. HMRC can advice you in detail what you need to do - and it will all be a lot easier for you if you approach HMRC before they approach you. Don't bank on them not tracing you because you only earn £22K.

badger09

Archi_Bald wrote: »

I am afraid, you just got it wrong. The link you provided describes the rules for greek residents, not for greek citizens.

According to yourself, you have been living in the UK for the last 12 months.


Therefore, UK rules apply to you at present (as they would to the citizen of any country) and you need to declare your ww income to the HMRC.



You can provide the HMRC with proof of the greek taxes you have paid to ensure you aren't paying more tax than you need to but you can't just decide to ignore UK law, and neither can your employer. HMRC can advice you in detail what you need to do - and it will all be a lot easier for you if you approach HMRC before they approach you. Don't bank on them not tracing you because you only earn £22K.

Agreed.


I did post the relevant link earlier

badger09 wrote: »

You might like to read the section on HMRC website re Residence'

Unfortunately some of the links appear to be broken

http://www.hmrc.gov.uk/international/residence.htm

It also struck me that most UK bank accounts require you to be a UK resident to open them. I wonder what OP put on the application forms :cool:

Archi_Bald

badger09 wrote: »

It also struck me that most UK bank accounts require you to be a UK resident to open them. I wonder what OP put on the application forms :cool:

Well, from what he says he is a UK resident.....just one who doesn't want to live by UK laws...........