PomsInOz Forum - View Single Post - Running UK company from Aus, paid in UK, Tax etc

headingyourway · 06-05-2008, 04:25 PM

Hi. Any help or hints appreciated!

I am the director of an small agency in the UK. The company has no PAYE employees (other than myself), but uses contractors in the UK and around the world.

Can anyone give me any hints as to the best way to deal with my finances? Before I go to an accountant I want to do as much groundwork as possible and try and get a better understanding of the way things
work.

These are the questions that I have...

1. Has anyone experience of running a UK company from Australia and/or in tandem with running an Australian company doing the same business in Australia?

2. I am anticipating receiving income from dividends from the UK company – I assume that tax will have been paid in England - how is this taxation treated in Australia?

3. What to do about salary that would have been paid PAYE in the UK?

4. I also have a personal pension that is paid into by my company? Is there anything I should think about in connection with this?

Any other hints, tips and guidelines would be appreciated.

Thanks!

06-05-2008, 04:25 PM	#1 (permalink)
headingyourway Junior Member Join Date: May 2008 Posts: 2	Running UK company from Aus, paid in UK, Tax etc Hi. Any help or hints appreciated! I am the director of an small agency in the UK. The company has no PAYE employees (other than myself), but uses contractors in the UK and around the world. Can anyone give me any hints as to the best way to deal with my finances? Before I go to an accountant I want to do as much groundwork as possible and try and get a better understanding of the way things work. These are the questions that I have... 1. Has anyone experience of running a UK company from Australia and/or in tandem with running an Australian company doing the same business in Australia? 2. I am anticipating receiving income from dividends from the UK company – I assume that tax will have been paid in England - how is this taxation treated in Australia? 3. What to do about salary that would have been paid PAYE in the UK? 4. I also have a personal pension that is paid into by my company? Is there anything I should think about in connection with this? Any other hints, tips and guidelines would be appreciated. Thanks!