Hi,
I will shortly be emigrating from the UK to Florida on a Spousal visa. I currently work from home and my UK based employer is happy for me to continue doing so from Florida.
I am trying to work out what my income tax options / obligations are. I understand that there is a double taxation agreement between the UK and USA and I believe that primarily I would owe tax in the USA as that is where I will be living full time.
My employer has indicated that they are willing to make changes to my employment status if necessarily but that ideally the less change the better. They do not have a US Payroll.
From what I can tell, I have two options;
-
End my employment and become a third party contractor
-
Continue in employment and be paid into my UK bank account
Is anyone able to help me with the pros and cons of each solution and the differences in taxation?
Is there also a difference for my Employer in terms of taxation?
Many thanks
Submitted June 21, 2018 at 08:14AM by EmigratingBrit https://ift.tt/2Ie5mlg
