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I'm not sure why. It's maybe better for them in term of taxes as highlighted by Pi Daybooks before. I'll look into getting a sole trader insurance to protect myself.
Thank you all for the replies. My accountant informed me that I don't need to register for VAT as a sole trader because my client is a business based overseas. I believe this falls under "outside the scope" of VAT and therefore doesn't count towards the VAT threshold. Am I understanding this...
Thank you for all the keywords.
I won't be making any money through my limited company while under contract with this potential client, so hopefully, "disaggregation or artificial separation" will not apply to me. But in the worst case scenario, I'll register for VAT as a sole trader and will...
Thank you for the reply. They wanted me to sign the contract as a person rather than as a director of my limited company so I believe this mean I'll act with them as a sole trader. I'll make sure to check the insurance cover.
Many thanks for your reply. Yes, I have correspondence from them stating their preference for a freelancer, I was also trying to convince them to do it through my limited company. Do you know if this will have any implications regarding VAT registration, noting that they are not UK based? Income...
I have a limited company, and I am the sole owner and director, offering Software Engineering services. I'm currently in discussions with a potential overseas client who is trying to persuade me to sign a contract as a freelancer rather than through my limited company. The expected income from...