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bigduckontax
bigduckontax, Accountant
Category: Tax
Satisfied Customers: 4206
Experience:  FCCA FCMA CGMA ACIS
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I an Indian citizen & resident. I had setup an IT

Customer Question

Hello,
I an Indian citizen & resident. I had setup an IT services company in UK in Dec'14. Its a Limited company and I am registered for VAT as well. I am the sole Director and Shareholder
I have a separate company in India. Since the company in UK is being run from India utilizing my and services of others who are employees of Indian company, so I want to invoice the UK entity from India.In this situation can I take salary only from India and not UK. On doing this do I still need to file a personal tax return in UK?Idea behind doing this is to avoid filling in UK and keeping the personal return filling simple in India. Because India requires reporting world wide personal incomes.Thanks,
Arun
Submitted: 1 year ago.
Category: Tax
Expert:  bigduckontax replied 1 year ago.
Hello Arun, I am Keith, one of the experts on Just Answer, and pleased to be able to help you with your question.
You can certainly do this and the sum invoiced will be allowable against UK Corporation Tax (CT) for the UK Company.
As you will have no income from the UK and are a non resident there will be no requirement for you to render a tax return here. In fact most countries are the same requiring residents to declare all income world wide.
I do hope that you find my reply of assistance.
bigduckontax and other Tax Specialists are ready to help you
Expert:  bigduckontax replied 1 year ago.
Thank you fur your support.