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Moving to the UAE
ALEXJONES1989
Posts: 26 Forumite
in Cutting tax
I am moving to Abu Dhabi in an internal transfer with my company to oversee a project. I am moving in November 2019, and the duration will be - at least- 12 months (probably 24 months). If I like it out there, I think there is a chance I will not return to the UK and I am leaving with this in mind.
Key points.
What will my tax status be - the transfer is only appealing if it means a significant tax reduction - continuing on UK tax means this move isn't worth it.
Can anyone recommend a company to give me professional tax advice - information is difficult to find.
Thank You
Key points.
- I will be paid by our companies agents in the UAE - so my wage will be paid by a UAE company.
- I am moving over there for the duration of this contract
- I have rental property in the UK - these generally have made a small profit that has paid most of the mortgage.
- I intend to keep a UK bank account open
- I have no other ties to the UK, and intend for all intent and purpose to reside fully in the UAE.
What will my tax status be - the transfer is only appealing if it means a significant tax reduction - continuing on UK tax means this move isn't worth it.
Can anyone recommend a company to give me professional tax advice - information is difficult to find.
Thank You
0
Comments
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ALEXJONES1989 wrote: »I am moving to Abu Dhabi in an internal transfer with my company to oversee a project.
If your employer is the one driving this, then it's common for them to provide tax assistance through an accountancy firm as a result, especially if they do this sort of thing often - so push them for help. We can't really recommend anyone on here.Excuse any mis-spelt replies, there's probably a cat sat on the keyboard0 -
https://www.gov.uk/guidance/living-in-the-united-arab-emirates
You can use Google
Example
https://www.thefrygroup.ae/0
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