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Old 13.11.2017, 17:34
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Zurich or London

Hi All,


I am a newbie to this site and hoping to get some opinions from those of you currently living in Switzerland.


I have been offered 2 x roles, one in Zurich for 850CHF/day and another in London for 500/day. I think I have a good grasp of all the deductions and will have a net income of slightly over 11000 CHF/month before I have to pay for accommodation/health insurance etc etc


I am seriously considering the move to Switzerland solely for a better quality of life and the outdoors but also in the slight hope I can do this without being in the clutches of HMRC.


The questions I have for you are:


1) If you were in my position with 2x job offers and knowing what you know now from living in Switzerland, would you still make the move?


2) Am I correct in saying that for the 2017/2018 tax year I will be classed as "UK Resident" so will have to pay HMRC the difference in tax so financially I will be no better off. Providing I meet the requirements for 2018/2019 this can be changed.


3) On the simulation I have been provided, there is a line item called "Professional Expenses" which is 850CHF. From researching this forum this is something I can claim for living costs in Switzerland (subject to proof) if I am classed as resident in the UK, is this correct and is this the maximum?


4) How long can I use my UK car in Switzerland? I have to go into Italy on a monthly basis to visit family so each time I go out/come back in does that reset the 12months I`m allowed to use it?


5) Can you recommend an accountant (UK preferably) that can handle my tax affairs on both sides and provide me with ongoing advice?


Any additional tips and pointers you could give for me to watch out for will be greatly appreciated.


Thank you in advance
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  #2  
Old 13.11.2017, 18:06
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Re: Zurich or London

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1) If you were in my position with 2x job offers and knowing what you know now from living in Switzerland, would you still make the move?
Yes
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2) Am I correct in saying that for the 2017/2018 tax year I will be classed as "UK Resident" so will have to pay HMRC the difference in tax so financially I will be no better off. Providing I meet the requirements for 2018/2019 this can be changed.
I believe so, not sure here.

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4) How long can I use my UK car in Switzerland? I have to go into Italy on a monthly basis to visit family so each time I go out/come back in does that reset the 12months I`m allowed to use it?
12 months - and no, it does not reset when you drive out of Switzerland.
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Old 13.11.2017, 18:28
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Re: Zurich or London

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1) If you were in my position with 2x job offers and knowing what you know now from living in Switzerland, would you still make the move?
Yes, in a heart beat.
I believe a lot depends on your personality, your likes and dislikes, your relationship status, etc, as to how well to adapt to life here. You can always work in London, but the chance to work in Switzerland can be the beginning of a new life, the chance of a lifetime, or occasionally, just not suited to you. Irregardless, a year or two working here still looks great on your C.V. and can open doors for you if you decide to move on.
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Old 13.11.2017, 19:13
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Re: Zurich or London

And, if you have time, have a look here:
https://www.englishforum.ch/daily-li...vs-zurich.html
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Old 13.11.2017, 19:41
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Re: Zurich or London

London
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Old 20.11.2017, 16:28
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Re: Zurich or London

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2) Am I correct in saying that for the 2017/2018 tax year I will be classed as "UK Resident" so will have to pay HMRC the difference in tax so financially I will be no better off. Providing I meet the requirements for 2018/2019 this can be changed.
Not necessarily - you may be able to claim split year treatment so that you pay UK tax on your income up to the day you depart the UK only, then Swiss tax on everything else from that day onward. There are a number of ifs and buts though - I suggest reading
https://www.gov.uk/tax-foreign-income/residence and also checking out hmrc's statutory residence test.
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Old 20.11.2017, 22:53
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Re: Zurich or London

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London
Yes London in a heartbeat. And 500 a day gets you a million miles more disposable cash than 850chf out here.
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Old 21.11.2017, 07:49
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Re: Zurich or London

Worked both them both.

ZH all day long.
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Old 21.11.2017, 07:56
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Re: Zurich or London

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Yes London in a heartbeat. And 500 a day gets you a million miles more disposable cash than 850chf out here.
Depending on how and where you shop
and how and where you live.

by the way, vegemite is really expensive here, and cenovis a poor substitute.
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Old 21.11.2017, 08:11
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Re: Zurich or London

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Yes London in a heartbeat. And 500 a day gets you a million miles more disposable cash than 850chf out here.
My experience is completely the opposite. The main driver of this difference is lower tax rates. The cost of living in London has risen considerably in a short period of time.

Here's a link to a not very scientific comparison

https://www.expatistan.com/cost-of-l...zurich/london?
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Old 21.11.2017, 15:36
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Re: Zurich or London

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Yes London in a heartbeat. And 500 a day gets you a million miles more disposable cash than 850chf out here.
He said ZÜRICH not a high tax city in canton VAUD.
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