Hey Guys,
With the borders opened up, I am considering to move to the UK on the YMV.
I currently work remote for my company as a PayG contractor and was thinking of asking them if I can work remotely from the UK.
Has anyone done this before? What are the implications of doing this? I feel like I will have to pay more tax, which I am okay with.
Any suggestions would be appreciated.
Thanks!
Earning AUD instead of pounds and paying more tax? Add in the shite weather, what's the upside?
They get to move back one day..
The pay even after conversion is higher than what I would get in the Uk.
I will be taking nearly a 40% paycut even with the Hot market they have atm.
I actually like the cold and wet weather.
I feel like I will have to pay more tax
Why?
Company may not like it due to payroll admin, let alone dealing with tax/laws
When I lived in the UK I found myself saying "mate" a lot, even though I'd never said it before here.
South Australians don't tend to have as heavy accents or speak in ocker-ise to the same degree as some states(or particular areas of such).
So we someone times fall alittle short of certain slang being used every five seconds :P Except maybe the deepest parts of the northern and southern suburbs…….IMHO
Taxation will be the key stumbling block. It's the main reason we get told cannot work from abroad more than a week or so. You would need to check this first and foremost.
lol a week? i assure you that's not the case.
Oh I know it doesn't kick in after a week but that's the excuse they give us.
can I ask how they would know if you just don't stay longer than the tourist visa time?
Income deposit into your account.
So what? Isn't it the same with annual or long service leave? Who even checks? I've stayed in countries for quite a while and I've never had anyone ask me for my banking details. Also, it wouldn't be that hard to hide a bank account from them right?
@helpme: HM Revenue & Customs knows and checks. They'll chase incessantly if you're in breach and you cannot fob them off.
@Hybroid: Ah okay, but in terms of your comment on working abroad for 1 week, apart from the UK, how is that enforced?
@helpme: You may have misread. You can for a week or so, that's usually fine. Especially if you're on personal leave anyway and do something like (2 weeks leave + 1 week remote working in London).
But anything more than that companies get nervous about it because of the tax implications.
@helpme: Oh I see, you're asking about the company knowing, not tax agency. I suppose that depends on talking to individuals, any need to attend office/site, IP address maybe, needing a delivery etc. I'm sure some are more aware than others.
@Hybroid: I ask because as a teacher, we get 4 weeks annual leave but aren't required to be at school during holidays. I guess I'm still technically considered as working but going overseas isn't an issue. I do some work anyways. I just thought that if I had a WFH job it would be more or less the same. But I guess not?
@helpme: Your holiday is not the same.
Overseas for 60 days continuous or 6 months in total is considered a foreign worker.
The Australian company looks like it is offshoring workers when your residency status doesn't match your tax return. There is that tax return question "where you living outside Australia for any period of time?" Aus company has to pay more tax as Foreign Employment Income, but it's also more paperwork they don't want to do. Superannuation, leave entitlements, fringe benefits taxes and tax free thresholds are a nightmare.
For instance, the UK will want OP to prove their source of income and pay taxes. They will notice OP has been within to the borders on a VISA, has an income, is paying rent, etc, but hadn't lodged a UK tax return.
@indemnity: I understand if you stay longer than the tourist visa. It's if you stay less, like say a month and then move to another country. Does that still count?
Timezone??
That’s the issue. 1am to 9am work times.
Not happening
Depending on your role you need some cross over and you can't expect others to be online early
Would you work until 11am Sydney time?
I am in Perth. So makes life a bit easier.
Only if you won't tell your employer and work normal Australian hours while in UK. If you want make it official they will have to do you work visa.
You might become a foreign resident for tax purposes.
If you are able to move to the UK & work there, then I think you'll be able to find far better opportunities in the UK than your current Australian employer. It's a much bigger economy & job market.
Leaving that aside, the time difference will be biggest issue. It is 12am right now in the UK (at 9 am Australian time), so you'll find yourself doing night shifts.
Regarding tax, it depends if you are moving there "permanently" or "temporarily" from a tax residence point of view. If it is considered a "permanent" view by the ATO, then you won't have to pay Australian tax. The tax rules are complicated and you'll have to research this.
The Pay is a issue. I am looking at a 40% pay cut.
You may need to pay more for your anti-cancer meds.
Unfortunately you won't be able to work directly for your employer while permanently located in the UK. Your employer will need to establish a subsidiary in the UK to employ you. They are not going to do this for one employee. The usual solution is to use an employer of record that acts as a middle man. The EoR would have a business registered in the UK that handles payroll, taxes, and compliance with local laws. Something like this company https://velocityglobal.com/solutions/work-remotely/ (I am not associated with this company in any way, it was the first one that came up in a google search). You would also need the right to work in the UK either by citizenship or visa.
Hmm. I am a payg contractor with the recruitment company (which has a London office) and they use a third part payroll company.
Maybe I can get them to switch over to velocity.
Good luck.
(Have you been there before?)
I hear the Winters are pretty cold.
Never. But Excited to go lol. Got two interviews lined up.
That's the spirit ……. even after 300+ applications, you gotta have hope
One just got postponed :/ as the manager on annual leave.
A lot of recruiters take my CV but never get back. Any ideas?
Nearly got one after 300+ Applications. One HR interview remaining.
The pay they are offering is pretty close to what I am getting Salary wise in Aus.
Super excited lol. If all things go well, should get an offer and go to the UK. But cold winter :/
I actually got offered a Tier 2 sponsorship role in the UK surprisingly. So will not be needing to use my Tier 5. However, the pay is lower than what I am currently at 15%.
The other option is to ask my current Aussie company to see if I can do short stints overseas as I am remote anyways.
Better as then I can stay 2 months in London. 2 months in LA, 2 months in a perth etc.
Limit for being outside Australia is 60 days continuous or 6 months total per year.
Once you hit those limits you are a foreign resident worker.
Realistically, even a single week of you working outside Australia should be reported on your salary and taxes.
It just makes the paperwork a lot harder. If your company isn't already doing this, it's just too complicated for a single employee.
How would the time difference work out?