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  • Tax on Retainer Paid by UK Company

    Hi, I wonder whether you can clarify the tax position with regards to the following. I live in Cyprus and I am a permanent resident for tax purposes. The UK firm I used to work for pays me a retainer of £2,000 per month to be on standby in case of any problems with their systems. This is paid each month regardless of whether my services are required or not. So far, my services have not been required. Depending on the nature of the problem, I might be able to sort the issue out remotely online or it may involve flying to the UK. What is my tax position in either case. I am not on the payroll of the UK Company. Should I be paying Tax and NI in the UK or should I be taxed and paying the NI equivalent in Cyprus ? Is there anything else I need to consider ? Thanks