[internetworkers] UK contracting - taxes and border questions

Tony Spencer tony at tonyspencer.com
Mon Feb 7 20:10:19 EST 2005


Ok, first off, thank you Craig for a very thoughtful response.  Quite nice
mate.  :)

After a little research I found that its fine to come for some meetings.  I
will bill the UK company as a US company when work is completed and the UK
company will not levy any taxes.   England has a way of getting around this
loss of revenue though.  I tend to like beer and the locals have forced me
to take part in English beer history.  Jesus, everything is so expensive
here.

Ok, I must tend to the negative comment about W and his fiscal policy.  My
only comment is... the guy is brilliant.  I can't wait to invest part of my
SS.  Who doesn't want to gain at least a tiny return on their investment?
If you are under 40 and say no to privitization you are mad. ROI is good!

Sorry I missed the Thursday gathering.

P.S. - SS is so broke. Actually it was broke from day one.   Lets fix FDR's
mistakes.

Tony

> -----Original Message-----
> From: thomas [mailto:thomas at tbeckett.com] 
> Sent: Sunday, February 06, 2005 3:14 PM
> To: Internetworkers: http://www.ibiblio.org/internetworkers/
> Subject: Re: [internetworkers] UK contracting - taxes and 
> border questions
> 
> Craig Duncan wrote:
> > Finally, make sure you are paid in $US and preferably paid 
> directly to a US
> > bank.
> 
> Actually, you might want to read some credible predictions on the
> foreign currency situation.  You might want to consider 
> getting paid in
> Sterling or Euros instead of dollars (albeit to a U.S. bank). 
>  Even Bill
> Gates thinks the dollar is going to tank.
> 
> A friend of mine in Japan contracted to be paid in dollars, and is now
> getting hammered because of the dollar's slide.  It may be 
> less critical
> if you are not going to live there, but why lose money to W's fiscal
> policy ("borrow and spend and spend") if you don't have to?
> 
> TaB
> 
> 
> > On Tuesday 01 February 2005 02:36 pm, Tony Spencer wrote:
> >
> >>I'm starting a contract for a company based in London.  
> Does anyone have
> >>any experience getting paid from a UK company specifically 
> in regards to
> >>dealing with their taxes and US tax credits?  My accountant 
> doesn't seem to
> >>want to touch it.
> >>
> >>Also I am going to London on Saturday for two weeks and was 
> planning on
> >>telling their border agents that I'm there for meetings.  
> Is that ok or is
> >>a Visa required for that small amount of time?  I have to 
> return once more
> >>in March for another couple of weeks.  Should I just 
> declare these to be
> >>sightseeing trips?
> >>
> >>Much thanks,
> >>Tony
> >>
> >>
> >>---
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> 
> --
> --------------------------------------------------------------
> ----------
> Thomas A. Beckett, JD & MBA	             Business Law and Consulting
> 828-713-1668            <http://www.tbeckett.com>           
> 919-824-5696
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