Hi,
I've been doing contracting in the IT industry for almost 2 years now, through my own LTD. Things have been going good, and now I am considering delegating some of my internal work (different proof of concepts, technology trends, keeping up to date) to someone else. I am originally from eastern Europe, and I still know some good technical people back home who can help with this.
I went to my accountant and asked him if it is possible to set up a supplier type of contract with a local company from an EU country to achieve this. Has anyone done this before? He mentioned it is possible, and that everything should be clearly set in a contract between the 2 parties, and that even the payment could be in Euros. He said that this setup might need to be changed after Britain leaves the EU.
I have no idea how such a contract would look like, and also how I can prove that this is indeed a legitimate contract, in case of an HMRC enquiry. I was thinking of setting up online tracking tools like JIRA/Confluence to track all this. Would that be sufficient for an HMRC enquiry?
He also suggested I look for a solicitor to draft this contract - since I have no idea how such a contract should look like from a legal point of view. Any suggesting of some solicitors who specialise in this - or can I find a draft contract somewhere online?
Thanks for any advice
I've been doing contracting in the IT industry for almost 2 years now, through my own LTD. Things have been going good, and now I am considering delegating some of my internal work (different proof of concepts, technology trends, keeping up to date) to someone else. I am originally from eastern Europe, and I still know some good technical people back home who can help with this.
I went to my accountant and asked him if it is possible to set up a supplier type of contract with a local company from an EU country to achieve this. Has anyone done this before? He mentioned it is possible, and that everything should be clearly set in a contract between the 2 parties, and that even the payment could be in Euros. He said that this setup might need to be changed after Britain leaves the EU.
I have no idea how such a contract would look like, and also how I can prove that this is indeed a legitimate contract, in case of an HMRC enquiry. I was thinking of setting up online tracking tools like JIRA/Confluence to track all this. Would that be sufficient for an HMRC enquiry?
He also suggested I look for a solicitor to draft this contract - since I have no idea how such a contract should look like from a legal point of view. Any suggesting of some solicitors who specialise in this - or can I find a draft contract somewhere online?
Thanks for any advice
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