Saudi Arabia, taxes and why it’s expensive for people like Jordan Henderson to return home

26 January 2024, 15:18 | Football
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Material about the performances of the gravitationalists at the new championship.

Last summer, a list of prominent players who had lost their jobs from the biggest clubs in Europe to join the Saudi Arabian championship appeared, now becoming longer. What began with the million-dollar transfer of Cristiano Ronaldo in 2022, expanded in 2023 to exciting proposals for Karim Benzema from Real Madrid, Roberto Firmino from Liverpool, Sadio Mane from Bayern, Ruben Neves from Wolverhampton and America Laporte from Manchester City.

I richly, richly others.

This includes Jordan Henderson. Kolishni Kapіtan of Liverpool, he was at al-Irthifak in Lipn Minoi Roku, Todi Yak ї IC HEADER STIVIV Jerrard Vicoristovavov, Schob Takozh, Buy Zhorzhino Weinal Duma I Saint-Germany Grega Eutheron.

Henderson faced intense criticism through his tenure. Dekhto, putting it under doubt from the point of view of the moral and ethical position, doctors, who previously positioned themselves as an ally of the LGBT community, and now having gone to the extreme, from the age of one-article hundred-hundreds to criminal.

Others placed this transfer under doubt from the point of view of the trajectory of his career. This is a gravel who still takes part in international affairs. Gravets, who is still asked to perform in the largest arenas of light.

Why are the benefits of club football on par with the richly lower, and even worse

“I want something that makes me tick,” Henderson said five years into his Saudi career. " ) try something new - a new blog and for other reasons"

Six months later, Henderson's " Feeling disappointed in your (and your family’s) new way of living and in the knowledge that the wine was left on the field.

The England star now wants to move up to a European team, and his ideal scenario would be to switch to the Premier League, rather than end up heading to Ajax..

Who can compare with his Saudi salary It was reported that he was approaching 700,000 pounds sterling per year, although he said that he was earning “good money”, and not “the same figures as reported”.

Wages in Saudi Arabia have depressed rich citizens. And for those who want to return to the UK, there are taxable inheritances that they are obliged to pay, first pack their bags in order to return home.

What's the problem?

From the wages of football players in Saudi Arabia, there is no contribution to the income tax, which is equal to the total rate of 47 hundreds of taxes on the income of the UK and contributions to the national insurance. for incomes over 125 - 140 thousand pounds per river in Great Britain. It was reported that his salary with Henderson is not subject to income tax, especially since he is ending the first two terms of his contract, and Saudi Arabia, in another case, is subject to a single rate of income tax in the amount of Iran 20 hundreds.

If you are depriving the UK of having to take off a full day of work in another place, for example, by paying a day of work for a club in the Saudi Arabian Championship, then you are guilty of becoming a tax resident of a non-UK from the day in I'm leaving, so be it, what are you earning in Saudi Arabia from.

However, it is only necessary that you properly obtain the status of a UK tax resident, according to tax expert Pete Huckleton. "

For those who have crossed the border of 2023, this means that the stink will be caused by crossing the borders of Great Britain after the 5th quarter of 2024, and then throughout the current coming tax period, until the 5th quarter of 2025 Roku.

If you go there and earn 20 million dollars per river without paying money, try to repeat the fate there, and then turn around, you may not realize that it’s actually 30 million before Lariiv can turn back the taxation borg of Great Britain, so that you have not been able to continue the taxation.

The difference in income would be great. For example, a contract worth 700,000 pounds sterling for the year, signed last summer, would bring the French 58.8 million pounds sterling without repayment until the end of the financial crisis. This changes to 32.34 million pounds sterling, corresponding to the maximum tax rate.

Citizens can return to the Acquired Kingdom for a period of up to 90 days and retain the status of tax resident outside the UK, if they have been working for no more than 30 days.

But for those like Henderson, who are wondering if they are heading back to the UK for another working day, or the trainers who were freed and decided to return to the UK, they will end up with a huge tax bill.

A yak shodo orendi?

The citizens may be faced with this very problem, suggesting that they will turn to Great Britain for the sake of rent, so that they may not destroy the taxable resident of Great Britain.

“As soon as you turn around like that, you will actually be seen as a permanent tax resident” - even Huckleton.

"

Is there a way to get around it

If you are a tax resident of a country other than the UK, you must work outside the border on your working day every day. Also, one of the options for drivers can be moving to another country at the right time, which is required for traveling outside the UK.

“You may have been in Saudi Arabia for nine months or so, and then you may be advised to go to Spain or Germany, and it may be an option instead to return to the UK And we will take the whole sum back from the British supply borg"

You are a tax resident in most countries based on the number of days you spend in the country. Pete Hackleton points to Spain, where individuals become residents for tax purposes, as they spend 183 days in the country in a calendar year.

“Let’s say you moved from Great Britain to Saudi Arabia in the summer of 2023, you are there during the season, you consider your options, and in the summer of 2024 you have found a proposal to return to the UK anii. If you move to Spain at the end of the 2024 calendar year, and pay taxes for the calendar year, you will be in Spain for only about five months in the 2024 calendar year, which will be less than 183 days threshold.

From the point of view of Spain, you are moving there for the first time, you have never been a Spanish tax resident before, you are going to become a leader of Spanish football from the beginning of 2024 - you will be taxed from the day of your arrival.

Everything you earned in another country before you came to Spain cannot be wasted until the Spanish tax limit.

"

How to make decisions?

Any citizen who plans to return to Great Britain from Saudi Arabia before “properly” destroying his tax residence in Great Britain will be guilty of saying how much he will be deducted.

Pete Hackleton adds: “Today, Tse Rozmova and the club, to what stink they potentially get tired of: are they ready to blow away the gravel part of the salary? And what can be done on this basis to please?

From The Athletic.




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