[asterisk-biz] OT: Paying people in faraway (Western) places.

[Alex Balashov]

On Jan 8, 2009, at 12:18 PM, Drew Gibson <drew at oanda.com> wrote:

>
> Alex Balashov wrote:
>> So, the "open a branch in the UK" idea is sort of out unless I was
>> looking at hiring an entire staff there, which I'm not.
>>
>
> You can register a UK company for about £50 and there will be accoun 
> ting
> costs of around £800 per annum for statutory reporting.

That is not acceptable.

>
>
>> How do people get around this bullshit?  I mean, I know folks out  
>> there
>> who are running highly professional, virtual software development  
>> crews
>> of individuals scattered all over the world and connected by online
>> collaboration tools, and seem to be able to make it work pretty  
>> well.  I
>> think we'll start seeing more of that kind of thing.  I don't see  
>> these
>> guys bogged down in massive accounting overhead, having twenty  
>> companies
>> registered all over the globe, nor worrying much about juggling  
>> twenty
>> tax regimes.
>>
>> Alex Balashov wrote:
>>
>
> Hi Alex,
>
> I was working as a contractor over in UK a few years back and had to
> investigate a lot of this BS, all be it from your potential employee's
> perspective rather than yours. Note that my experience was around
> 2005-6, laws can change quickly in this area.
>
> The UK have pretty strict laws around "contracting" due to misuse of  
> the
> system by some industries. Unfortunately, the IT sector is caught up  
> in
> that.
>
> My suggestion would be that you hire your guy through an "umbrella
> company". He will be an employee of that company and receive his pay  
> and
> benefits with a small commission (<2% IIRC).
> I'm afraid I don't know the setup from your perspective but I  
> imagine it
> will be relatively straight forward esp. if you have a UK company.  
> They
> take care of all the legal aspects and have a special relationship  
> with
> the UK taxman.
>
> The company I used was http://www.parasolgroup.co.uk/ whom I found  
> to be
> cheap, reliable and responsive to any queries. There may be others who
> specialise in dealing with foreign companies.

Oh, hey. An explicit PAYE umbrella company rather than a staffing  
agency.  That might not be such a bad idea. Thanks for the tip, I will  
check them out!

>
>
> As for the international tax perspective, I'm in Canada and I quickly
> discovered that this was not a DIY job. Sort out the above first then
> talk to an accountant who has international experience.
>
> regards,
>
> Drew
>
> -- 
> Drew Gibson
>
> Systems Administrator
> OANDA Corporation
> www.oanda.com
>
>
>
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