US client, UK remote worker

[raluth]

Is this possible? I'm in the UK, and have a potential US client who is interested in a remote working (i.e. me working as a contractor from home) contract paying USD.

Is there any umbrella or similar setup that would make this possible? I'm new to this whole area, so please be gentle ;-p

[ASB]

• Incorporate.
• Enter in a contract.
• Bill in USD
• Get paid
• Ensure you are compliant with any US tax rules (there are problably noe that will affect you, but it is possible).
• Ditto for visa
• Pay your UK taxes when due.

If you are not uk resident, ordinarily resident or domiciled there may be other ways which reduce your exposure to UK tax (i.e. are you taxed on the remittance basis).

[raluth]

I was hoping there might be something a bit more like the managed umbrella deals - I suspect this would hit ir35, for example.

[ASB]

I'm sure that one of the umbrellas would take the deal though I doubt it would be in your favour from a point of view of overall deductions.

Provided it's acceptable to the end client you could just be self employed. Send them a bill from your trading style, whatever it is, do the accounts when needed. Basically declare the income on your s/e return. [Actually you could probably get away with just adding the income to the "any other income" box on your SATR.

There can be interesting NI Considerations potentially as well. Do a search on HMRC, what can happen with NI depends on whether the overseas entitry has a branch (or something that could be construed as such) here.

Overall you can achieve what you want. However what is approrpiate is dependant upon the exact circumstance of the deal.

[MPwannadecentincome]

• Incorporate.
• Enter in a contract.
• Bill in USD
• Get paid
• Ensure you are compliant with any US tax rules (there are problably noe that will affect you, but it is possible).
• Ditto for visa
• Pay your UK taxes when due.

If you are not uk resident, ordinarily resident or domiciled there may be other ways which reduce your exposure to UK tax (i.e. are you taxed on the remittance basis).

'Enter in a contract' - watch out they might want to get the contract written under US state jurisdiction. You might have to hire an attorney to check your contract before you sign your rights to everything away.

'Ditto for visa' this is only relevant if you travel to the states. If you work from home and have to visit for meetings or training, then you can just pretend you are doing on a vacation for a few days or get yourself a B1B business visa which allows you to conduct business in the US - but not work. If you want to work there and admit to that to immigration then get the US client to get the right visa for you.

You will also need sufficient (millions) insurance (liability etc) coverage - some brollies will exclude USA / Canada from their coverage and some allow it provided you do not work over there.

oh -and you might need advice from an accountant.

Good Luck.