Anyone Mon-Fri in Copenhagen?

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bigandclever

Original Poster:

13,796 posts

239 months

Wednesday 28th September 2016
quotequote all
Just curious, does anyone work Monday to Friday in Copenhagen and then come home for the weekend? I'm in the early stages of looking at a contract and need to get a handle on the practicalities.

I'm OK with the Expat Tax Scheme (Article 48E) and its details. What's surprised me (perhaps it should've been expected) is the cost of getting there and the cost of staying over. The day rate I'll pitch at will absorb it but, as a consequence, the day rate will be large and I expect off-putting for the client.

So are there any tips? Ta!

bigandclever

Original Poster:

13,796 posts

239 months

Thursday 29th September 2016
quotequote all
All good stuff, thanks smile I should've said, I've done overseas contracts before, so I'm comfortable with that; it was more the specifics of Copenhagen/Denmark.

The ETS scheme (Article 48E), through an intemediary, seems the best bet for convenience; so long as you qualify it's a set income tax rate of 31.92% (actually a combined income tax and social security payment). Though contracts shorter than 4 months don't qualify you for access to the Danish social security system. There are no expenses, deductions, or any of the good stuff under this scheme. But also no tax returns, double taxation or any of the bad stuff. I'd treat it as if I were contracting through an umbrella in the UK.

Travel time, best case will be about 5 hours door to desk, so that should be manageable for a Monday morning with a lunchtime start, but we'll see. If I'm coming back Friday afternoon and heading out Sunday evening, I think I'd just stay there for the weekend.

Money seems odd at the moment; invoice in USD, get paid in USD into a Danish Krona account (as part of the ETS scheme, it seems to be a requirement). Then into my GBP account so I can actually spend it. Need to understand the fees that'll apply.