USA Client - rate / how to get paid ?

[theroyale]

Try searching for the million other threads here on contracting for US/overseas clients . I use Wise for client payments and FX and Moneycorp for forward FX. Yes, rates in the US are materially higher than the UK, depending on your skillset (not so much for generic skills).

Again, search for other threads. You don’t know what you don’t know and that will help you to ask and answer some of the questions you’re currently missing.

Thanks for the reply - searched for 'US client' and found very little (on page 1 anyway). Any links to threads you think could be useful?

[theroyale]

Seems odd to me that you are sure you will be doing the work but the price has not been agreed?

Charge them whatever they will pay!

If it is ad hoc why not charge fixed price per work item?

Its a word of mouth recommendation with a need to get started quickly. "Charge them whatever they will pay" - small-ish firm, don't want to price them out.

[jamesbrown]

I used starling, quick tip; factor in the GBP weakening, and do not invoice well in advanced, just when the payment actually due and require them to pay it within days once issued. I have been hit hard on the currency exchange and the tax that been due based on the invoice I issued and not based on the money in the bank.

Well, you either have currency gains or currency losses between your invoice date and payment date (realized gains/losses) or at the end of the accounting period (unrealized gains/losses), gains being taxable income and losses being offset against tax (or carried forward to a profitable period). You can't get hit hard by currency losses and by tax on currency gains simultaneously.

[Gulliver89]

I used starling, quick tip; factor in the GBP weakening, and do not invoice well in advanced, just when the payment actually due and require them to pay it within days once issued. I have been hit hard on the currency exchange and the tax that been due based on the invoice I issued and not based on the money in the bank.

[jamesbrown]

Try searching for the million other threads here on contracting for US/overseas clients . I use Wise for client payments and FX and Moneycorp for forward FX. Yes, rates in the US are materially higher than the UK, depending on your skillset (not so much for generic skills).

Again, search for other threads. You don’t know what you don’t know and that will help you to ask and answer some of the questions you’re currently missing.

[Guy Incognito]

Seems odd to me that you are sure you will be doing the work but the price has not been agreed?

Charge them whatever they will pay!

If it is ad hoc why not charge fixed price per work item?

[theroyale]

Hi there,

I'm soon providing ad hoc consulting services to a US company. I'm based in London with a Ltd Co (never worked inside IR35). I had 2 questions

- What is the best way to get paid by this US company - Anyone dealt with this?
- How much would I charge as a senior Azure (SQL DW) consultant ? In London I would charge £500- £600 outside IR35. But I understand going rates in the US can be higher than a like-for-like GBP-USD conversion.

Thank you very much.