I'm looking into a contract in IT (specifically software development), and the work would be done out of my home in Canada for a company based in the UK.
My questions are:
- Is this arrangement possible?
- Would I charge any taxes, such as GST or VAT, to the UK company?
- Does it matter what currency I'm paid in?
- Can you recommend any tax experts based in Canada who may be able to assist? (I've only found Canada-US experts so far...)
Any other experiences or things to be aware of (e.g. hidden costs) are welcome.
Thank you for your input.