2 Questions. Tax free pay and the discharge book.

E

Eddythespade

Full Registered User
1. When being paid a contract or monthly wage is it tax free or do you have to claim it back at the end of the year?

2. When applying for the seamans book there is a section for your employer to write his details. If your freelance how do you apply for a book if you have no contracted employer at that time?

Kind regards,

Eddythespade
 
Nathan,
You used to be able to rock up at the MCA with a letter from a company stating that you were working for them on vessels and had the relevant training. However they have stopped doing this and you now need a Masters/Vessels stamp on the application form.
 
marsec-international said:
Nathan,
You used to be able to rock up at the MCA with a letter from a company stating that you were working for them on vessels and had the relevant training. However they have stopped doing this and you now need a Masters/Vessels stamp on the application form.
Click to expand...

Is this why companies that are recruiting require you to have a discharge book or seamans card, to show that you have experience?

Re
 
To get a British Seaman's Discharge Book and Seaman's Card you need to be registered with a UK registered vessel, i.e a stamp from a british registered ship.......Unless you are a national of a certain country that do not have the capability to issue you with the said mentioned books.
You use to be able to get any master of any registered vessel of any flag state to sign your DS & SB forms but once again because of the MASS influx of guys wanting this little bit of gold dust the rules and regulations have actually been informed, they where always there but they just didn't in-force them all the time.

As for the tax thing PLEASE let me know when you find someone or a company who can give you a BLACK and WHITE answer.....as as far as i'm aware there isn't any CLEVERDON i would say have given some of the best advice (thankyou Tom) BUT be aware there are many stipulations that you have to adhere to and a few can be hard to manage i.e.
- 183 days out of the country
- Visit a foreign Port
- The ship / vessel must be self propelled (not a static platform like a rig)
- MUST BE AN EMPLOYEE
- Half day rule
- Not allowed to be in the country and longer then you have been out

PLease feel free to anyone to correct me if the above is wrong or if anyone has anymore hoops you need to jump through.

Being a Ltd company seems to be a good venture but then the case of haven to pay NI comes a problem with the fact you would probably end up giving the tax man more, there are a few grey areas which i need to speak with them with and hopefully i will be better informed.

Anyway gobbed off enough hope the above kind of helps,

Regards

damianbevs
 
I've used SK Tax in Doncaster for years, and they are very good and very helpful and I know I'm not going to have HMRC coming down on me. They aren't expensive, either.
 
Seadog... do you have any contact details for SK tax in Doncaster??? its a local firm so would be worth me getting in touch..
 
My understanding......

I am looking to go ut soon to work for a MARSEC company and I looked at the ltd coy side of things and it can be quite expensive, set up costs, monthly costs for running of it, and NI to add to it. Ltd coy doesn't seem as full proof.
On speaking to an accountant regarding a Ltd coy setup, there are restrictions on what you can withdraw from it andyou get 20% taxed on your first 35k then 10% in the second year on anything else you earnt. The mind boggles!
The way im going about it is through an ofshore coy in marshal isles who will take 2% of pay for "EMPLOYMENT" status to send my invoces to and pay volountary N.I.
Then an accountant will do my tax return/ SED allowance side of things after 365 days.
But the biggy is the 183 days out the country as once you break the cycle of staying the country just one more day than you stayed out of it the whole 365 day SED cycle starts all over again and you will be taxed on previous ernings.
Im no guru but this is what I have found when doing my research.......
 
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