I work entirely online from home. My main client is in the states and so far has been paying me directly via PayPal, as it seemed the simplest way. But until now I've been doing it more as a hobby, albeit a nicely profitable one.
Firstly, are there any special considerations with being paid from the US? I'd like to hope you might get a tax break for bringing money into the country but that sounds a little optimistic.
Secondly, I will be setting up a company at some point. Is it possible for a company to own a PayPal account? Can I continue to receive payment to my personal PayPal account and pull it from PP into whatever company/business account I use?
Thanks in advance.
Firstly, are there any special considerations with being paid from the US? I'd like to hope you might get a tax break for bringing money into the country but that sounds a little optimistic.
Secondly, I will be setting up a company at some point. Is it possible for a company to own a PayPal account? Can I continue to receive payment to my personal PayPal account and pull it from PP into whatever company/business account I use?
Thanks in advance.