I am registering myself as a sole proprietor and paying tax in HK. I have some expenses in UK so it works better to get paid into my UK account and make my own transfers. Will there be any legal conflicts?
I'm registering myself as a sole proprietor and pay HK tax and being employed by a UK company. Can I get paid into my UK account and make my own transfers and declare tax in HK?
Speak to both U.K. & HK tax advisers.
Have you informed HMRC that you’re moving abroad?
https://www.gov.uk/tax-right-retire-abroad-return-to-uk
Easier to manage paper trail and expenses for your Sole Proprietorship business in HK, if everything managed from a HK Bank Account.
https://www.ird.gov.hk/eng/tax/bus_fsie.htm#a01
Yes I will be informing HRMC, and I understand it will be simpler to get paid into an HK account. But if its not breaking any rules, it will really be easier for me to have income paid into my UK account, saving all the transferring fees for UK expenses...
You have to conduct annual audits in HK, so best to check with your HK Accountant.