Law /
Can a UK company earn in PLN? Foreign currency and mortgage in Poland. [22]
Since many people (all over the world) may be reading this forum, I'd like to clarify.
If you are NOT a UK resident, (or ordinary resident), you are NOT entitled to the UK tax-free allowance on anything. You must tell UK Government that you are now a resident of another country. If you do not tell them, they will get you in the end and will charge you with tax evasion.
Any monies remitted or obtained from the UK will be taxed at source (i.e. by the UK tax authorities) and you will get the net amount. The tax paid in this way can be offset by any income tax due to the Polish authorities (double-treaty agreement). If you become a Polish resident, then you are going to be treated in the same way as any other Polish resident. (Any income from abroad is liable for Polish income tax.) You will need to complete the forms for income tax.
My best advice - and you can follow it or not - is to remain a fully fledged UK resident (therefore be entitled to tax-free allowance), have your company in the UK and ensure that you spend less than half-a-year in Poland (you need to have this documented). You can of course, open up a business in Poland, get someone else to run it (or run it yourself). The half-a-year is counted in days, so that you can stay in the UK 4 or 5 weeks, come to Poland for 4-5 weeks and continue in this way. You would then have to pay income tax and Zus.
The very first post which started this thread confuses people. As I understand it, you want to retain your company in England, and yet at the same time be a fully-fledged resident of Poland. In that case, you will pay tax in Poland, (based on residency) and not in England (as you will then NO longer be a UK resident). You cannot (for tax purposes) be a resident of two countries at the same time.
