Working on a foreign contract from inside the UK

baj84

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#1

Working on a foreign contract from inside the UK

10 November 2013, 23:30

Hi,

I'm a web developer and only just recently set up my limited company. I am on the verge of getting a 3 month contract with a Canadian company, but I am unsure on how I would pay tax and whether the Canadian company needs to do anything special? They said they are able to do an international bank transfer every 2 weeks for my payment, so, how do I pay tax on this? Can I just pay one lump sum at the end of the taxable year?

Although I have a UK passport this is my first time working as a LTD company in the UK, I am used to the Australian tax laws, so am a bit lost at the moment!

Any help is appreciated! Cheers, Ben
Tags: canada, contract, foreign

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DirtyDog

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#2

11 November 2013, 09:24

Company pays the tax due 9 months after the year end.

Person does their tax return online before the end of January and pays the tax due.

Originally posted by MaryPoppins

I hadn't really understood this 'pwned' expression until I read DirtyDog's post.
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