Overstay
Don’t overstay in your holiday city: working there changes your tax landscape, too. Work income is taxed in the country where you work + your worldwide income is also taxed in the country where you usually reside. If you’re a manager, your firm’s profits could also get taxed in the holiday city. Pre-Covid19, UK could consider a visitor tax-resident after just 46 days! Work from home, not from holiday home
Guessed the Word? Series 62 (4/5) pic: zsolt hollosi