Hi,
Can you please help me understand how taxation would work if I was to hire somebody from another country to do work for me remotely. Scenario:
Bob from India does 8 hours of work for my company at £8 an hour. He sends me an invoice for £64, I transfer £64 to his account. Bob is not an employee, I don't have to provide work for him and he doesn't have to do it if I do. How is the £64 classed when coming out of my company account?
Thanks
Can you please help me understand how taxation would work if I was to hire somebody from another country to do work for me remotely. Scenario:
Bob from India does 8 hours of work for my company at £8 an hour. He sends me an invoice for £64, I transfer £64 to his account. Bob is not an employee, I don't have to provide work for him and he doesn't have to do it if I do. How is the £64 classed when coming out of my company account?
Thanks
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