Tax Attorney
Does anyone have any information on Tax Law in Qatar? In particular, are there are tax attorneys who are reputable? I'm wondering about tax for:
1. Individuals (do you pay any tax?)
2. Businesses (do they pay tax?)
3. Tax on money that is made in Qatar and then moved back to the United Kingdom.
Anyone have any answers? Anyone in Qatar Living a tax attorney?
you should have filled out a P85 form before you left the UK and attached your P45 (section B I think) this tells the Revenue that you are out of the country
The latest document is actually HMRC6. This is dowloadable here:
http://www.hmrc.gov.uk/cnr/hmrc6.pdf
You do need to be out of the country for an entire "tax year."
If anyone is coming from the UK, the Inland Revenue booklet IR20 is pretty helpful - you can either ring up the IR and they'll send a copy F.O.C, or it's on PDF on the website - quite a few pages to print though!
The only one of those that is relevant to you for the time being is "resident". If you satisfy non resident then no tax on money earned.
Domiciled is for inheritence tax and is very tough to avoid even if you retire overseas.
Aaaah...if only I clicked on your link! Thanks Super7
Meaning of ‘resident’, ‘ordinarily resident’ and ‘domiciled’
Resident
* if you’re in the UK for 183 days or more in a tax year, you’re a ‘resident’ for that year for tax purposes
* if you come to live in the UK permanently or to remain for three years or more you’re resident from the date of arrival
* you’re also treated as resident if you’re in the UK for an average of 91 days or more in a tax year (worked out over a maximum of four consecutive tax years)
Ordinarily resident
* if you’re resident in the UK year after year you will normally be treated as ‘ordinarily resident’
* you’re treated as ordinarily resident in the UK from the date you arrive if it’s clear that you intend to stay for at least three years
Domiciled
* your domicile is normally acquired at birth, but this is a general law concept covering a range of factors
You can be more than one of these – or none.
Is there basic timeframe for how long you are in the country? I know some countries have it as 6 months. Or should the good people consult a tax lawyer who took his exams a bit more seriously ;)
Got it slightly wrong (my tax exams clearly didn't make it all stick)
Basic thing is if you earn money overseas and you are not resident in UK (resident is determined by virtue of how long you are in the country in a tax year) then you don't have to pay anything even if you repatriate the money.
See
http://www.direct.gov.uk/MoneyTaxAndBenefits/Taxes/LeavingOrComingIntoTheUK/LeavingOrComingIntoTheUKArticles/fs/en?CONTENT_ID=10026136&chk=TVlSLi
Tax in qatar is very simple
There is no individual tax
Business do pay tax at different rates depending on the level of profits
All income earned overseas is exempt from UK tax providing you are resident overseas. To be resident overseas you need to work outside the UK for an entire tax year. That is from 6 April to 5 April. March to March would not be good enough and you would technically be required to pay tax (however they are unlikely to catch you).