Relocating overseas (for a while)

I may be relocating overseas for a 1 year contract possibly starting in February. It is to work for a foreign branch of my current employer. The tax free status is an advantage but I just wondered what happens with regards to National Insurance contributions - Would I need to pay these while away and if I don't will it effect me later on ? I have a company pension and I am told that being a non UK resident means that I won't be able to contribute to it while I am away, is this true ?? Finally how long do I have to out of the country to achieve tax-free status, am I allowed back a couple of times (non-work related) to visit relatives etc

Thanks

Reply to
Chris & Val
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Few answers,

You must be out of the UK for a full TAX year to be non-resident for tax. You can spend up to 183 days in any one tax year or an average of 90 days a year over the last 4 years (check the exact number of days) and still remain non-resident.

You can, if you want, pay voluntary class 3 NI but you do not have to pay every year of your working life to get a full pension, so you can take a year or so off.

Company pension depends on their rules.

Mark BR

Reply to
Mark BR

Apologies for the late reply but you posted the day that my three week Xmas break away from my computer started.

I hope that you get to see this.

If you are going to continue to be paid by the UK office, you can, and almost certainly should, opt to pay UK NI

*instead* of the local version. This will be cheaper for you (some country's NI deductions are extortionate) and will keep up your contributions for Pension and other benefits.

I see no reason why you should be barred from contributing. Though you won't get tax relief on it unless the country that you have moved to allows this.

I will add to the other answer here.

tim

Reply to
tim (moved to sweden)

This is an average of the period between date of leaving to date of return. If away for exactly one year then the most that you can spend in the UK during the one year is 91 days.

You must be out of the country both at the start of the year and at the end, you cannot use your 90 days to make an

10 month period abroad into 12 months. And to obtain a No Tax status you also need to be continuously employed for the period abroad if it is less than three years.

And, travel days don't count so to be out of the county for one tax year you have to leave (before) April 5th one year and return (after) April 6th the next.

tim

Reply to
tim (moved to sweden)

In fact, as long as it is your intention to remain out of the UK for at least one complete tax year, you are considered to be non-resident from the day after you leave. You don't have to wait until the end of that period before you acquire non-resident status.

Chris

Reply to
Chris Blunt

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