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(, Sun 1 Apr 2001, 1:00)
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The problem is, I'm such a cheeky monkey.
(, Fri 20 Jan 2012, 7:17, 1 reply, 14 years ago)
You could have the money paid into your account monthly. The remitting and receiving bank will charge you and the money will be converted at the going rate from EURO to GBP.
You could set up a EURO account with your bank and receive the EUROs and convert at your leisure with your bank. Just remember to ask them how quickly they do conversions. This way you can manage the conversion rate at your leisure.
Same goes for the expenses but why does it have to be a business account?
Get yourself a very good accountant because your tax returns are going to be a bitch.
(, Fri 20 Jan 2012, 7:27, Reply)
I've worked for offshore companies before but this is the first time I've not been paid in Sterling. Hopefully I can find a creative enough accountant so my tax bills will be small!
Thanks for the advice.
(, Fri 20 Jan 2012, 7:30, Reply)
There's a bit of European legislation that says an international payment can't be more than a domestic one, which is why chaps payments in the UK are 25 quid plus but Germany always had a tradition of their domestic payments being very cheap.
You could consider opening an account in Germany and having the money paid to you there before moving here, to manage the conversion rates. Although, I'm not sure what that would do to your tax status.
(, Fri 20 Jan 2012, 7:37, Reply)
(, Fri 20 Jan 2012, 8:23, Reply)
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