British Registered Sole Trader Paying Tax in Portugal
Hello Again
Thank you all so far for your kind help with regards to the car situation I posted on in the last week or so... We have gained a lot of useful info and top tips with regards for getting a car over to Portugal, or not!
Now it's time to get serious with making sure we are 100% above board and legal to be in Portugal.
So, our situation is as follows:
Both UK citizens
Both with E111 cards, EU driving licences and British Pass ports.
I will be volunteering 6 hours each day for food and board and therefore will not be earning any money at all.
My BF is a British registered Sole Trader. He has liability/indemnity/business insurance all sorted from the UK. The next thing is paying taxes....!!!
According to HMRC, tax is paid based on where you do the work.
So at the end of next April, he will present a detailed account of income/expenditure to an accountant in the South Algarve, assuming we stay there until then so that he can legitimately pay tax. Under the double taxation treaty he will then be exempt from paying UK tax as well.
As he is freelance photographer, this involves wordly travel. So we have no idea how long we will stay in Portugal. He can operate his business from anywhere as he will not have premises.
As we are EU citizens, surely we don't have to get "residentia"? It's not like we have kids and are committing to living in Portugal for a long time, we are simply going to see how successful we are at finding what we are looking for...
SO what I would appreciate help with is:
finding a good accountant with expat experience, professional photographer experience
AND
Do we really need to register residentai being that we are EU residents already? (Also he will not be getting paid by Portuguese companies for his work as a matter of fact, the majority of his income will come from people buying his artwork online which may not even be Portuguese people.... he will just be taking photographs in Portugal... if that makes a difference?).
Thanks in advance for all your help and advice, this is a great forum!
Rach
Thank you all so far for your kind help with regards to the car situation I posted on in the last week or so... We have gained a lot of useful info and top tips with regards for getting a car over to Portugal, or not!
Now it's time to get serious with making sure we are 100% above board and legal to be in Portugal.
So, our situation is as follows:
Both UK citizens
Both with E111 cards, EU driving licences and British Pass ports.
I will be volunteering 6 hours each day for food and board and therefore will not be earning any money at all.
My BF is a British registered Sole Trader. He has liability/indemnity/business insurance all sorted from the UK. The next thing is paying taxes....!!!
According to HMRC, tax is paid based on where you do the work.
So at the end of next April, he will present a detailed account of income/expenditure to an accountant in the South Algarve, assuming we stay there until then so that he can legitimately pay tax. Under the double taxation treaty he will then be exempt from paying UK tax as well.
As he is freelance photographer, this involves wordly travel. So we have no idea how long we will stay in Portugal. He can operate his business from anywhere as he will not have premises.
As we are EU citizens, surely we don't have to get "residentia"? It's not like we have kids and are committing to living in Portugal for a long time, we are simply going to see how successful we are at finding what we are looking for...
SO what I would appreciate help with is:
finding a good accountant with expat experience, professional photographer experience
AND
Do we really need to register residentai being that we are EU residents already? (Also he will not be getting paid by Portuguese companies for his work as a matter of fact, the majority of his income will come from people buying his artwork online which may not even be Portuguese people.... he will just be taking photographs in Portugal... if that makes a difference?).
Thanks in advance for all your help and advice, this is a great forum!
Rach
