Remote working for a UK company full time but moving to Canada on IEC visa to work part time.
Hi all, I am not sure if this has been posted already as I can’t find anything similar.
My situation is the following;
I currently work remotely for a UK company full time from home since Covid. Our company decided that we did not need to return to the office, so I have been fully remote ever since.
However, my long term plan is to potentially live in Canada for around 5 years and eventually start a career in Property Management / Real Estate.
My thinking process at the moment is:
- continue working remotely for my UK company while living in Canada
- continue paying UK tax and National Insurance as normal
- still maintain a UK residential address, UK bank account, bills etc
- work part time in Canada as well and pay Canadian taxes on that income
I understand the UK and Canada have a tax treaty, but I keep reading online about “tax complications” and I’m trying to understand what that actually means.
For example:
- would Canada expect me to declare my UK employment income even if it is paid into a UK account?
- would I likely become a Canadian tax resident if staying there long term?
- has anyone here actually done something similar while on an IEC/open work permit or study permit?
- did your UK employer ever find out?
- did you end up paying additional tax in Canada on the UK income?
I’m not trying to avoid tax, I’m just trying to realistically understand how people structure this type of move when working remotely for a foreign employer without them finding out. Again, I don’t mind paying tax in Canada for my uk salary, I just don’t want my employer finding out.
Would really appreciate hearing from anyone with actual experience rather than generic “don’t do it” advice.
Thanks!