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Post Info TOPIC: Sole Trader and for US Companies "work made for hire"
ShellArtist


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Sole Trader and for US Companies "work made for hire"
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Hi Guys,

I want to become Sole Trader (self emplymend).

I will be working as Comics Book artist for US based Companies. Here are my questions :

1. They Send me "Voucher and work made for hire agreement" and "COMPANY NAME Services Agreement", is that fine for Sole Trader or I should send them ALSO my invoice? Or I keep it only for Revenue. What I do with that kind of "agreements" ? It's sounds like "self invoice" from US companies.

2.They pay in US Dollars. What should I do?

3. I rent appartment, this is where I work from, I don't buy any supplies, I draw on my computer. Should I register for VAT? and I should put VAT in invoice? We expect to make 70.000 euros per year.

4. What tax we will be paying?

Please, help me out guys.



__________________
gbm


Guru

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Posts: 896
Date:
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Re (2), you may want to get a US$ bank account. Perhaps try making most of your expenditure in US$ to avoid any exchange loss?

__________________

 

Regards,
Nick

Website: www.gbmaccounts.co.uk
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