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Working for a US firm in the UK


HEED

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6 minutes ago, The_Kincardine said:

I've sparks and pipe-fitters on my books at £20-25 per hour who have Ltd Coys.  it's easy to set up and tax-efficient.

When I looked into it a while back the recommendation was to avoid it with a turnover of less than £75,000. As my costs were next to zero I didn't hit that mark. I know very little about this stuff but it would be daft if an American company couldn't employ a Brit over here without setting up a new company with one employee.

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7 minutes ago, welshbairn said:

When I looked into it a while back the recommendation was to avoid it with a turnover of less than £75,000. As my costs were next to zero I didn't hit that mark. I know very little about this stuff but it would be daft if an American company couldn't employ a Brit over here without setting up a new company with one employee.

An American coy setting up a company with 1 employee is simple.  Setting up your own ltd coy is also very simple, could be tax efficient and certainly doesn't need £75K pa .  A via media is for HEED to us a UK employment agency to pay him who'd then invoice the US parent.  

There are several options which is why I said the bloke really needs to sit down with a solicitor to come up with the best solution.

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16 minutes ago, The_Kincardine said:

An American coy setting up a company with 1 employee is simple.  Setting up your own ltd coy is also very simple, could be tax efficient and certainly doesn't need £75K pa .  A via media is for HEED to us a UK employment agency to pay him who'd then invoice the US parent.  

There are several options which is why I said the bloke really needs to sit down with a solicitor to come up with the best solution.

You should pm Heed in the morning with a more detailed version and spell checked version of this, unless coy is a real word. 

P.S. In my experience agencies take 30-40%. Perhaps there are specialist ones who fulfil Heed's needs for less.

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7 hours ago, The_Kincardine said:

An American coy setting up a company with 1 employee is simple.  Setting up your own ltd coy is also very simple, could be tax efficient and certainly doesn't need £75K pa .  A via media is for HEED to us a UK employment agency to pay him who'd then invoice the US parent.  

There are several options which is why I said the bloke really needs to sit down with a solicitor to come up with the best solution.

Agree with this, but you need to make sure that the company appreciates that operating PAYE is their responsibility. 

Also, they should take advice to make sure that your set up doesn't give them a UK permanent establishment. A ltd co or employment agency could help with that.

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7 hours ago, welshbairn said:

You should pm Heed in the morning with a more detailed version and spell checked version of this, unless coy is a real word. 

P.S. In my experience agencies take 30-40%. Perhaps there are specialist ones who fulfil Heed's needs for less.

Unless you're whooshing,  "coy" is a fairly standard abbreviation for "company", isn't it?

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1 hour ago, Mark Connolly said:

Unless you're whooshing,  "coy" is a fairly standard abbreviation for "company", isn't it?

Never seen it before but I'm not familiar with office lingo. Thought that "co" was standard.

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If you went down the route of "Limited Company" there is also the issue of IR35 that is used to tackle people who are pretending to be a company when actually they are just an employee.

However, I am not sure the tax authorities have had much luck pursuing IR35 cases apart from a recent case of a BBC newreader in Newcastle.

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Unless you're whooshing,  "coy" is a fairly standard abbreviation for "company", isn't it?

I’ve never heard it.
Back to the matter at hand, HEED needs to go to the bank, open the windows (the heating is always on in the bank) and that should about take care of it. HTH.
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7 hours ago, welshbairn said:

Never seen it before but I'm not familiar with office lingo. Thought that "co" was standard.

 

6 hours ago, NJ2 said:


I’ve never heard it.
Back to the matter at hand, HEED needs to go to the bank, open the windows (the heating is always on in the bank) and that should about take care of it. HTH.

I’m pretty sure I haven’t made that up, but I’m certain it is an older term for company.

Probably @The_Kincardine being much older than the rest of has led to its use here!

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3 minutes ago, Mark Connolly said:

 

I’m pretty sure I haven’t made that up, but I’m certain it is an older term for company.

Probably @The_Kincardine being much older than the rest of has led to its use here!

He's too coy to admit his age.

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2 hours ago, Mark Connolly said:

 

I’m pretty sure I haven’t made that up, but I’m certain it is an older term for company.

Probably @The_Kincardine being much older than the rest of has led to its use here!

Youthful brain, young Mr C.  And I'm pretty sure I'm younger than Welshy.  

2 hours ago, welshbairn said:

He's too coy to admit his age.

No need to carp on about it.

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Guest Moomintroll
Unless you're whooshing,  "coy" is a fairly standard abbreviation for "company", isn't it?
Off topic and probably making it up but did the old celtic badge not say something the lines of "the celtic football and athletic coy"?
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1 minute ago, Moomintroll said:
On ‎09‎/‎03‎/‎2018 at 06:55, Mark Connolly said:
Unless you're whooshing,  "coy" is a fairly standard abbreviation for "company", isn't it?

Off topic and probably making it up but did the old celtic badge not say something the lines of "the celtic football and athletic coy"?

See the source image

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