3 ms·
Disclaimer: I'm not an accountant, seek professional advice. Speaking of EU export rules, which still should be not much different in the UK, when you perform
by imhoguy 3y ago
Disclaimer: I'm not an accountant, seek professional advice.
Speaking of EU export rules, which still should be not much different in the UK, when you perform work as business entity remotely from EU country to business entity in the other EU country or outsize EU then you export services, then also you pay income taxes at the place of residency, UK in this case. Such export is exempted from VAT (non-EU) or needs reverse charge (EU).
The things may get complicated if you are US citizen living in UK, because there is FATCA stuff.
- ogarten 3y agoNot an accounant either but I think you are generally right. In the US you seem to have to register when you reach a certain revenue level. Also, probably need to fill a W-8BEN for the US company. What‘s most annoying is that each state has their own rules and it‘s hard to actually find what you need to do.