[Debs]

Hello,

My husband has just been offered a contract in the UK. He would be working in NZ from home. We have rang the Inland Revenue here, and they would not tell us the most tax efficient way of getting the money into NZ and paying taxes, etc. They said it was a conflict of interest.

The money is paid on invoice once a month and is fixed in GBP (not PAYE). Does he need to set up a company, or sole trade, and invoice the company, and then pay tax here, or declare the income in the uk, pay tax in the uk, and then pay the difference here?

Can it be done both ways?

Anyone know how we would setup and figure out how much we pay who in tax?

Should we use an accountant.

Any advice would be greatly appreciated.

Thanks.

[JandM]

I don't have an answer for you, but I'd say you need advice from an accountant or financial advisor who has international experience. I've been trying to work out how we will be placed tax-wise when we move to NZ and have some income from the UK, by reading up on the internet etc.. Half the sites seem to contradict the other half as to what is best (depending on who they work for, I guess), and when I asked an ordinary financial advisor here, although he's good for things within the UK, it became obvious he hadn't even heard of some of the options I'd found out about for myself when it came to matters between one country and the other.

Edited for a further thought: of course, there may well be an expert on the forum. Hope so!