Hoping someone has the knowledge or experience to help me!
I am currently registered as a sole trader (last 2/3 years) in the UK for a small business that I run which is website based and involves organising sport trips/camps for people from the UK to a sports facility in Hungary. I do not run the camps themselves as a Hungarian sports club does that for me and I simply organise it with the people from the UK almost like a agent and then receive a bill each month from the Hungarian club.
I currently spend a lot of time out of the U.K here in Budapest and in Austria.
My plan is to move to Budapest for the majority of the year and register to be a legal resident here. Is it still possible to stay registered as a sole trader in the UK for this business and pay the required tax there whilst living in Budapest? As paying tax as a sole trader in the UK is straight forward, and I would like to keep paying towards state pension.And also my plan would be to work another job here in Budapest and pay those required taxes through Hungarian tax system is this possible?
Thanks in advance to anyone who can shed some light on this situation and help me!