neil46
13 November 2004 02:19
1
i will shortly be going overseas to work temporarily and the money i earn will be tax free.it is going to be transferred into my normal current a/c in britain.
will i have to declare this to the taxman ?
is the bank allowed to tell the taxman.?
many thanks
neil
martin
13 November 2004 02:52
2
Swiss or Jersey might be a good bet
Dont pay it into a UK account, Mr Tax will want to know where it came from…
Its well worth downloading and reading this booklet IR20 from Inland Revenue
http://www.inlandrevenue.gov.uk/pdfs/ir20.pdf
Its not a simple matter if you want to remain legal - if you don’t them its certainly better not to bring it into UK