Ltd Company (Sole Director ) Moving to Australia

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Hi,

I have a client who is the Sole Director of a Web Design Company Incorporated & currently based in the UK.

The Sole Director is moving to Australia at the Start of April on a "Working Holiday Visa". He intends to stay in Australia for a maximum of year.

Whilst in Australia he intends to undertake some freelance work for Australian Companies (Freelance work not through the UK Company).

At the same time he intends to keep the UK Company operating to service existing UK clients only whilst he is in OZ (No intention to take on any new UK or OZ Work through the Company whilst in OZ)

With the move of the Sole Director to OZ does the Permanent Establishment shift to Australia & therefore required to register the Company in Australia? If he is only going for a year is it worth registering?

Or does the fact that all the work carried out through the Ltd Company will continue to be to UK Customers mean that the Tax Implications of the Company remains unchanged? (Subject only to UK Corp Tax & no additional Tax Reg)

Thanks in advance

 

Replies (5)

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By Hugo Fair
01st Mar 2022 21:07

Given up dentistry then and opened an accounting practice in last year?

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Replying to Hugo Fair:
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By David Ex
01st Mar 2022 22:13

Hugo Fair wrote:

Given up dentistry then and opened an accounting practice in last year?

It's not a good way to treat the forum, is it?

https://www.accountingweb.co.uk/profile/nidrumoma

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By Tax Dragon
02nd Mar 2022 01:35

Your question concerns Australian tax.

I'd refer you to one of my cousins down under, but they got kicked out of school in 1957, since when they've only been good for lighting barbecues.

https://www.monsterchildren.com/5-classic-aussie-dragons-you-need-to-know/

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Replying to Tax Dragon:
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By Hugo Fair
02nd Mar 2022 19:13

One of the happiest sites I've encountered in a long time ... actually makes me want to visit Australia!

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Caroline
By accountantccole
02nd Mar 2022 09:10

Check Aus rules, if they aren't doing work in the UK, it is likely Australian taxes will be due for the UK co

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