Announcement

Collapse
No announcement yet.

90 Day Tax Rule

Collapse
X
 
  • Filter
  • Time
  • Show
Clear All
new posts

  • 90 Day Tax Rule

    I am aware that when qualified there is a rule that states you remain tax free if you spend no more than 90 days inthe U.K.

    If, when qualified, and for tax reasons could I choose to have shortened leave and go back to Sea after a couple of weeks as oppose to using all my leave in Blighty and possibly creeping over the dreaded 90 day rule.

    Of course the obvious answer is to go abroad in every leave cycle which would be great, but I seem to have accumilated some debt in my tenure as one of the unemployed mass in the U.K.

    When everything is sorted financially 2 or yrs post qualification I intend to move back to Thailand. How easy is it to opperate from overseas or does this depend totally on company policies. I suppose it shouldnt matter if you fly from the U.K or from Suvannabhum, Thailand.

    Any help is greatly received.

    Cheers

  • #2
    Re: 90 Day Tax Rule

    I intend to do the exact same.

    Once qualified put my sensible hat on for a short while and take care of any loose ends in the UK and then go and spend most of my leave time in Thailand / other non-**** country, visas permitting.

    I'm assuming operating out of another country shouldn't cause many issues, but then again there's always that thing about assuming.

    Comment


    • #3
      Re: 90 Day Tax Rule

      Originally posted by shifty
      I am aware that when qualified there is a rule that states you remain tax free if you spend no more than 90 days inthe U.K.
      That's the non-residency rule, not the Seafarers one... Non-Dom and SED aren't the same thing, and can be confused.

      If you're Non-resident for Tax, then I believe you have two scenarios (but don't quote me on it):
      1. A one-off tax rebate for spending 183 days outside the country for a year - this is a one off only
      2. For consecutive years you have to spend 365-91=274 days outside the country every tax year
      NB: A tax year (as you may know) is 5th of April to 5th of April, and the days don't have to be all in one block (as I understand it).

      However, that's not the same as the Seafarer's Earnings Deduction (i.e. it probably applies to any British citizen), which an extensive wiki page will explain in the near future... in the meantime, you'll have to google for sea tax companies and hmrc pages. There is some discussion on this forum between Steve and I if you search for it.

      Originally posted by shifty
      If, when qualified, and for tax reasons could I choose to have shortened leave and go back to Sea after a couple of weeks as oppose to using all my leave in Blighty and possibly creeping over the dreaded 90 day rule.
      Ask Chiefy, it might be a company-specific thing. My impression is that the dinner ladies mantra applies: "you get what you're given and be grateful" etc... i.e. I reckon you'd just have to go on holiday off your own back probably to be abroad enough.

      Originally posted by shifty
      Of course the obvious answer is to go abroad in every leave cycle which would be great, but I seem to have accumilated some debt in my tenure as one of the unemployed mass in the U.K.
      What? The DSS won't let you have a passport?! Or you're just skinty-poos?
      You could probably make it with just being abroad for one leave cycle.
      If you're on 4/3 with Borg, then it'll probably be more like 86 days off at a guess.

      Originally posted by shifty
      When everything is sorted financially 2 or yrs post qualification I intend to move back to Thailand. How easy is it to opperate from overseas or does this depend totally on company policies. I suppose it shouldnt matter if you fly from the U.K or from Suvannabhum, Thailand.
      Pretty easy by all accounts. Just choose your location sensibly to be certain of getting to the church on time.

      Originally posted by shifty
      Any help is greatly received.
      greatly?!
      Emeritus Admin & Founding Member

      Comment


      • #4
        Re: 90 Day Tax Rule

        Thanks commrades

        Comment


        • #5
          Re: 90 Day Tax Rule

          its not 90 days, its a bit more complicated than that;

          http://www.hmrc.gov.uk/cnr/seafaq2.htm
          ?Twenty years from now you will be more disappointed by the things you didn?t do than by the ones you did do. So throw off the bowlines, sail away from the safe harbor. Catch the trade winds in your sails. Explore. Dream. Discover.?

          ? Mark Twain
          myBlog | @alistairuk | flickr | youtube Views and opinions expressed are those of myself and not representative of any employer or other associated party.

          Comment


          • #6
            Re: 90 Day Tax Rule

            ................makes a little more sense.

            Comment


            • #7
              Re: 90 Day Tax Rule

              As a seafarer, we dont pay tax, simple as that, your company may take tax off you and you claim it back OR they dont pay tax and you pray you dont break the rules.....But if on 1:1 leave ratio (curtosey of being a chiefy) I dont ever break the rules it's easy!

              Remeber time out of the country dosent have to = time on ship, I join and leave abroad and therefore do 92 days out the country BUT only an 88 day trip on ship, so you soon build up a stock pile of left over days

              The main rule is no more than 183days in 1 sitting and the leave inbetween 2 trips cannt be more than 1/2 the total time out of the trip wach side.....AND you must vivist 1 foregin port / year...this is handy for the anchor handler types in the north sea, lots of companies deliberately send the boat to "foreign" once / year to get the boys tax back so they can pay them less (efectively a 25% pay rise)
              Trust me I'm a Chief.

              Views expressed by me are mine and mine alone.
              Yes I work for the big blue canoe company.
              No I do not report things from here to them as they are quite able to come and read this stuff for themselves.


              Twitter:- @DeeChief

              Comment


              • #8
                Re: 90 Day Tax Rule

                I have a feeling we're going to have to develop an algorithm for this...
                Emeritus Admin & Founding Member

                Comment


                • #9
                  Re: 90 Day Tax Rule

                  got one in a nice excel spread sheet

                  /smug

                  Trust me I'm a Chief.

                  Views expressed by me are mine and mine alone.
                  Yes I work for the big blue canoe company.
                  No I do not report things from here to them as they are quite able to come and read this stuff for themselves.


                  Twitter:- @DeeChief

                  Comment


                  • #10
                    Re: 90 Day Tax Rule

                    Share the knowledge, please Chiefy... we could all benefit from your algorithmic stylings
                    Not all Trade Unionists are left wing, socialists or even ugly

                    Comment


                    • #11
                      Re: 90 Day Tax Rule

                      can we attach files here? Lemme see....hmmmm well if not I'll Dropbox it.......watch this space
                      Trust me I'm a Chief.

                      Views expressed by me are mine and mine alone.
                      Yes I work for the big blue canoe company.
                      No I do not report things from here to them as they are quite able to come and read this stuff for themselves.


                      Twitter:- @DeeChief

                      Comment


                      • #12
                        Re: 90 Day Tax Rule

                        Chiefy, if you use the full editor there's an option at the bottom to attach.
                        sigpic
                        Hello! I'm Chris. I'm away a lot so I'm sorry if it takes me a while to reply to messages, but I promise I'll get back to everyone. If it's urgent, please email me directly at [email protected].

                        Need books, Flip Cards or chartwork instruments? Visit SailorShop.co.uk!

                        Comment


                        • #13
                          Re: 90 Day Tax Rule

                          Originally posted by Chiefy
                          can we attach files here? Lemme see....hmmmm well if not I'll Dropbox it.......watch this space


                          Thanks!!
                          Not all Trade Unionists are left wing, socialists or even ugly

                          Comment


                          • #14
                            Re: 90 Day Tax Rule

                            ere you go
                            Trust me I'm a Chief.

                            Views expressed by me are mine and mine alone.
                            Yes I work for the big blue canoe company.
                            No I do not report things from here to them as they are quite able to come and read this stuff for themselves.


                            Twitter:- @DeeChief

                            Comment


                            • #15
                              Re: 90 Day Tax Rule

                              WTF is a rar file? My poor little pooter can't deal with it...

                              Size4riggerboots

                              Moderator
                              Blog tWitterings Flickr Tumblr Faceache

                              Comment

                              Working...
                              X