I'm an EU national currently working self employed in the UK. I'm looking for more sunshine in my life, and a laid back life style. I recently split my time between the northern hemisphere and southern hemisphere, escaping the worst of winter, and enjoying an eternal Spring/Summer.
That being said I'm now keen to stay close to continental Europe, and Malta seems a good fit for my lifestyle.
What I'm curious about (and it's far too early really to talk about this) is the tax situation. If spending 183 days a year in Malta, I'd need to register myself there, which for self employed people seems fairly straightforward, but I'd also be liable for tax there too, or would I?
As a writer/publisher online, my income is earned wherever I physically do the work, but payment almost exclusively comes from UK companies, and is paid in GB.
With that in mind, where would the bulk of my tax liability be? Would it be in the UK, and then again (minus double taxation) on anything I bring into Malta, or could I claim it all in Malta?
Another thing to consider is that currently I'm under the UK limit for VAT, so don't have to charge that to my clients, but the UK seems unique in having this type of threshold, so presumably I would have to add this to invoices if I were based in Malta.
Based on an arbitrary income figure of €60,000, and €5,000 costs, what would the likely tax liability be for a self employed individual in Malta.
As I alluded to at the start, I'm more interested in way of life than tax, but would loathe to be massively out of pocket.