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Looney
Joined: 23 Dec 2008
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Posted: Sun Mar 22, 2009 6:47 am Post subject: F series visa holder/nonUK resident/declaring taxes in Korea |
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I am an F4 visa holder, non UK resident for tax purposes ,here in Korea currently and thinking about working freelance/independent contractor here from now on which I believe will mean I will have to do a self assessment tax return/declare taxes each year in Korea to the Korean Government as i am non UK resident now?
Having never had to do this before, is it quite a straight forward process? Is it every April/May for when you do your taxes like back home? I assume it's a case of keeping all your receipts from PT jobs etc? Apologies for the cluelessness! No idea about this kind of thing having not done this before having always worked full time and having the schools automatically do it. With freelance I guess I have to do this myself so just trying to get some info on this subject. |
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Scouse Mouse
Joined: 07 Jan 2007 Location: Cloud #9
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Posted: Sun Mar 22, 2009 7:27 am Post subject: |
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The best advice seems to be to get an accountant. I don't have experience of it myself, but common sense (backed up by what is essentially hearsay) should tell you that they know the tax laws much better than you do, and will probably save you more than they will cost, both in terms of their fee, and the time spent trying to negotiate the Korean tax laws (time that could be spent earning). |
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Looney
Joined: 23 Dec 2008
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Posted: Wed Mar 25, 2009 11:44 pm Post subject: |
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#bump#
Thanks for the reply Scouse Mouse, will look into it
If any other F visa holders have any info about this subject ,would be appreciated. |
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Looney
Joined: 23 Dec 2008
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Posted: Wed Mar 25, 2009 11:46 pm Post subject: |
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#bump#
Thanks for the reply Scouse Mouse, will look into it
If any other F visa holders have any info about this subject ,would be appreciated. |
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broken76
Joined: 27 Jan 2008
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Posted: Thu Mar 26, 2009 5:07 am Post subject: |
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I'm an F4 and use an accountant to handle my taxes. |
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