Recent content by mark7144

  1. M

    Can I give a freelancer an EOY bonus without risking employment status?

    Is it ok to pay early before the invoice is generated? So for example, pay him each month and then have him generate a quarterly invoice of the total? Or even a retroactive annual invoice?
  2. M

    Can I give a freelancer an EOY bonus without risking employment status?

    Ok thanks so I'll get an invoice for the end of year bonus marking it as consultancy fee. But for the freelance dev work, I have no invoices but I guess you could say I have a paper trail in that all work has been logged on Trello with payments being noted for each batch.
  3. M

    Can I give a freelancer an EOY bonus without risking employment status?

    Thanks for your replies. I do absolutely plan to get professional advice soon on this but wanted to first get some initial understanding here. Is the "cause for concern" mainly the risk of tribunal situation triggered by the freelancer or a random HMRC audit?
  4. M

    Can I give a freelancer an EOY bonus without risking employment status?

    Why is an invoice from a freelancer absolutely vital? Would a log of work on a tracking platform, including a note about payment for each batch, be sufficient? This guy has worked for me for 3 years and I've never requested an official invoice.
  5. M

    Can I give a freelancer an EOY bonus without risking employment status?

    He's the only individual self-employed supplier I work with and it comes with a personal relationship I value there and he is always willing to go above and beyond. So in regards to other suppliers, such as Amazon Web Services, I wouldn't consider offering them a bonus as it's a binary offering...
  6. M

    Can I give a freelancer an EOY bonus without risking employment status?

    Because he has other clients and as a small business with limited work for him each month, I prefer that arrangement over full employment and the added liabilities and considerations that comes with. I just want to make a payment EOY as an incentive for him keeping us as a client and to...
  7. M

    Can I give a freelancer an EOY bonus without risking employment status?

    How major an issue is it that I've never asked for an official invoice? All work has been logged and dated on Trello including when payments for that work has gone through but we haven't done invoices.
  8. M

    Can I give a freelancer an EOY bonus without risking employment status?

    I have a very talented freelancer who has worked for my company for several years. I value his loyalty and want to reward him for that and provide incentive to keep me as a priority client. How can I pay him an annual bonus without risking him being seen as an employee? Currently, I drafted...
  9. M

    Recommended London accountants for small business?

    Thank you. Will probably give you a ring at some point.
  10. M

    Recommended London accountants for small business?

    Thanks for your advice. I had a look at your website and notice the mention of "up to £100k" a few times. Do you feel businesses with greater revenue are not best suited in using your services?
  11. M

    Recommended London accountants for small business?

    I'm looking for an accountant that tries to understand the business so that they genuinely think about the most optimal structure unique to that business. I worry some of these online accounting services just do the paperwork without giving time for personalised thought. In regards to in person...
  12. M

    Does this constitute as a 'digital service' for VAT MOSS?

    I'm fairly close to the threshold but not yet registered. But I wondered whether VAT MOSS was something I should have been registered to already. Based on what you've said, it sounds like it isn't really applicable to me which is a relief. Thanks for helping me.
  13. M

    Does this constitute as a 'digital service' for VAT MOSS?

    Ah ok so as I understand it, EC Sales List is only something I need to do IF my business is VAT registered or reaches the threshold, which it hasn't quite yet. So once that does occur, I'll need to ask my customers if they have a VAT number or not.
  14. M

    Does this constitute as a 'digital service' for VAT MOSS?

    Thanks for your reply. I've read a couple of old articles that said one of the reasons VAT MOSS is terrible for small businesses is because HMRC requires a VAT number as proof of selling to B2B. And because small businesses often sell to other small businesses, usually there is no VAT number to...
  15. M

    Does this constitute as a 'digital service' for VAT MOSS?

    In my case, which is very similar to the above, mostly the US but some in EU countries.
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