I am a British taxpayer, currently living in Ireland, I have not worked while I've been here and will be working for an Irish company in the UK. Should I register in Ireland for tax or continue paying tax in the UK? I won't be staying in Ireland long term. Any tips on tax "avoidance" welcome.
2006-10-02 10:16:59 · 11 answers · asked by Anonymous in Business & Finance ➔ Taxes ➔ Ireland
IT all depends on where you intend spending the bulk of your earnings. If it is in Ireland, then you are better off getting paid in Euros to avoid convertion charges, however if it is in the UK, then pounds will be better and cheaper to handle. Since you say you will be working in the UK and you don't intend to stay in Ireland for too long, I think the latter makes better sense. Earn in Pound Sterling, Pay tax in Pounds and spend more in Pounds. It's a pity, it's hard to avoid income tax.
2006-10-02 21:30:09 · answer #1 · answered by joechuksy 3 · 0⤊ 0⤋
The £ is officially the best and strongest currency in the world at the moment. The euro is board game money.
2006-10-02 17:29:09 · answer #2 · answered by wave 5 · 0⤊ 2⤋
Whichever suits you, Pounds stirling may seem better, but if you want figures in your bank balance take euros. It is the same value no matter which. to play safe study the currency marklets.
2006-10-02 17:29:58 · answer #3 · answered by jimmyfish 3 · 0⤊ 2⤋
It depends where you think you'll be spending it. Pick that currency - then they'll pay the transaction charges for FX ...or maybe they'll just give you pounds if that's the place you earnt it.
2006-10-02 17:53:18 · answer #4 · answered by LongJohns 7 · 0⤊ 1⤋
I thought that Brits earning income outside the country are not taxed at all... If that's true, take the currency that is most useful to you.
2006-10-02 17:20:11 · answer #5 · answered by morlock825 4 · 0⤊ 2⤋
At the moment the pound is strong - go for pounds. 3 years ago I would have said nEuro but the pound is better on exchange rates than it has been in ages.
2006-10-02 17:25:06 · answer #6 · answered by monkeymanelvis 7 · 1⤊ 2⤋
The pound is worth more than the euro
2006-10-02 17:18:58 · answer #7 · answered by Anonymous · 1⤊ 2⤋
But pounds are the best and easier to figure out
2006-10-02 17:25:00 · answer #8 · answered by Alley cat 2 · 0⤊ 2⤋
. . . try posting fliers in phone-booths and just take the cash . . .
2006-10-02 17:27:19 · answer #9 · answered by Astra 6 · 0⤊ 2⤋
euros, much more feasable
2006-10-02 17:17:56 · answer #10 · answered by f1avor_f1av 3 · 1⤊ 2⤋