Accountants for Digital Nomads

Many only dream about becoming a ‘digital nomad’, travelling the world while making enough to support yourself and with the added luxury of being able to work from just about anywhere. However, if you’ve successfully carved out a career as a digital nomad, don’t let unexpected tax problems put an end to your indefinite travel plans.

Digital nomads often have no fixed abode, meaning there may be certain tax implications to be aware of. There’s no easy way around it, while you may be having the time of your life on a beach in Bali, you still have to be diligent about your paperwork and ensure you’re contributing tax where you should.

While you navigate the world, let us navigate the boring paperwork. 

Why Use Dead Simple Accounting?

We have many clients who live their lives as a digital nomad, leaving us to sort the boring stuff so they can focus on what’s important: their business.  We can guide you through the entire process, whether that’s setting up as a sole trader or as a company, and helping you file your taxes with HMRC, or whoever you may be required to pay tax to. 

As you traverse multiple countries, it’s vitally important that you’re aware of the laws and regulations around your earnings, which is why so many people leave us to tackle their taxes. 

But don’t just take our word for it, we’ll leave the talking to our five-star ratings across Google and Facebook.

What Expenses Can Digital Nomads Claim?

Due to the lifestyle of a digital nomad, this can be a tricky area to navigate. Generally speaking, if something is being used purely for business purposes you can expense it, but you may have to check the requirements of the different countries you’re in.

You may be able to claim expenses for:

  • Equipment, such as a laptop
  • Phone/SIM costs
    • If used for business
  • Internet, such as mobile broadband
  • Travel
    • If it’s for business purposes, such as meeting a client
  • Office space & coworking memberships
  • Insurance
  • Accountant fees

You may also be able to claim things such as accommodation (such as Airbnb), meals with potential clients and ground transport, but there are lots of things that you must consider first. The safest bet is to keep on top of your paperwork, snapping pictures of receipts as a backup, and then letting us tackle the confusing parts for you. 

Need Some Further Help?

If you have further questions or require assistance concerning accountancy for digital nomads, be sure to get in touch with us as soon as you can!

Send a message