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7 votes

Can I claim payments to me personally as income for my single-member LLC?

Even as a single member LLC you must keep finances separate. You must have a bank account for the LLC which is not your personal bank account. Then you can pay yourself (or take dividends) from the ...
Scott's user avatar
  • 17.4k
6 votes
Accepted

Income tax when working as freelancer through Upwork (UK)

good idea to start a bit of freelancing on the side! There are some rules but they are easy and shouldn't scare you off. I'm in the UK too: the income is taxable in the same way as your normal ...
lon124's user avatar
  • 631
5 votes

Registered as a Ltd company but not traded yet; government threatening me for not filing taxes

I don't know the specifics of the UK, but at a high level I suspect it is similar to the US. Once you have formally registered your business entity, the government expects periodic reporting from you ...
cdkMoose's user avatar
  • 592
5 votes
Accepted

Can I anonymously use my public LLC?

If you want to create an air-gap between yourself and the company that you're consulting for (so that people who have access to the company records for your freelancing LLC and your own personal ...
Valorum's user avatar
  • 893
4 votes
Accepted

If using Gumroad, is there still a need to become self employed in the EU?

Yes to the question title, no to the question in the text. Gumroad simply deals with the EU VAT paperwork for you, nothing else. Registering as self-employed, filing taxes with HMRC etc. is all a ...
Cai's user avatar
  • 284
4 votes
Accepted

EU resident working as a contractor in the US

I'm not a tax professional, which is who I think you really need to speak to. I do believe any form of US business (LLC, S-Corp, Sole Proprietorship, etc.) is going to require you pay US taxes. You ...
Scott's user avatar
  • 17.4k
3 votes

Non- Vat Invoice? How to invoice?

That gov.uk link is a very good one. There are some non-government sites which also give advice on running a small business and others which have templates for invoices. This Google Doc lists all the ...
Richard Cosgrove's user avatar
3 votes
Accepted

Can I invoice an international customer without being a registered VAT company?

They can ask, but if you do not have one then you do not have one. It is not mandatory for a company to be VAT registered if you are a small company. I think the limit is about 80k a year before you ...
PaulD's user avatar
  • 1,760
3 votes
Accepted

Invoicing Dutch clients from my Tennessee LLC

I've contacted a TN accounting firm, here's what they said: "You can put 0% tax rate on your invoice if you like, but the main thing is that the invoice should clearly show that it is an out-of-...
appel's user avatar
  • 131
3 votes

Non-US citizen freelancing in the US remotely

https://www.linkedin.com/pulse/us-companies-can-legally-hire-foreigners-living-other-rich-mba/ "Non Residents" “As a general rule, wages earned by nonresident aliens for services performed outside ...
user21167's user avatar
3 votes
Accepted

How to estimate as self-employed for gov't contract?

Taxes are a percentage of your income and that percentage varies based upon the amount of your income. There's no way anyone can tell you what you may owe without specific figures regarding your ...
Scott's user avatar
  • 17.4k
3 votes

Intra-EU freelancer / contractor invoicing rules (taxes)

I used to do the same thing (Part-time employed in country A, as well as self-employed invoicing other clients in country B in a different currency), so I'll tell you what I did. Create a self-...
petre's user avatar
  • 181
3 votes

Put rent costs as expense when working from home in UK

There are all sorts of considerations that you need to factor in... I'd suggest that, as you are renting a room, you'd have difficulty in meeting the "wholly and exclusively" test for part of it... ...
Andrew's user avatar
  • 1,921
3 votes

If am living in the UK (and a UK citizen) and working for a company in Germany, what taxes do I need to pay?

As a UK Resident, you will be liable for UK tax on all your income, whether it’s from the UK or abroad. https://www.gov.uk/tax-foreign-income/residence However, if you are working as an employee for a ...
Andrew's user avatar
  • 1,921
2 votes

How to register as a part time freelancer

Full time freelancer living in Spain here. You must register as an "Autonomo" after you reach the top of selling professional services, more or less 2000€ for unemployed people last time I checked it. ...
Kevin Mamaqi's user avatar
2 votes
Accepted

Transferring revenue from self employed to LTD company

is it possible to transfer revenue from my current self employed status to a new formed ltd. company? Yes of course it is possible. You can do this either as personal investment into the company (...
PaulD's user avatar
  • 1,760
2 votes

Can I issue this UK client an invoice without their tax number?

You should talk to your tax adviser. If you invoice a client from another EU country, you have to submit a "recapitulative statement" (Zusammenfassende Meldung). For this statement you will need the ...
Apfelsaft's user avatar
  • 209
2 votes

U.S. self employment tax when working for offshore client

All income that is not from an employer is considered self employment, regardless where or who pays who, as long as it is US currency. As a sole proprietor you'd report the income, pay income tax, ...
Kris's user avatar
  • 204
2 votes

working from UK as a freelance for company in France

Your situation falls under the European Union VAT system. In that category most freelancing should be a B2B service, which means the customer pays VAT in their country, i.e. you invoice without VAT ...
mschuett's user avatar
  • 141
2 votes
Accepted

Do I charge VAT for work I do for UK clients (I am US-based)?

Answering my own question, in case anyone has this issue in future. I sent a query to the UK tax authority (HMRC) who responded as follows: "As you are providing supplies to a UK business from ...
user77711's user avatar
2 votes
Accepted

Belgium V Luxembourg - cost of living for a non-EU freelancer?

I would suggest you try Expat Exchange they have guides on both countries you are looking at as well as tax information. If you are a US citizen or US Green Card holder, remember you have to file ...
Entre Preneur's user avatar
2 votes

Do I charge taxes to clients in the Netherlands when I'm based in a state with no sales tax?

I believe she doesn't need to pay taxes. In Canada, when I sell reports to the US, they do not pay taxes. Only charge taxes for Canadian residents.
The Report Store's user avatar
2 votes
Accepted

Filing taxes as a minor from Upwork

How are you expecting anyone here to help? You violated the TOS.. you can't legally enter into a contract as a minor... you generally do not file taxes on illegal earnings. This is why there are ...
Scott's user avatar
  • 17.4k
2 votes

I did some freelance work for someone who is a sole proprietor, how do I report on my taxes?

If you were paid in 2017, he is required to issue a 1099-MISC (or W-2 if he's treating you as an employee, but this is unlikely) to you by January 31, 2018. This will include his EIN/SSN which you ...
Nathan's user avatar
  • 121
2 votes

Is there a time limit for assigning cost of training as a business expense?

You can't write off business expenses before the business entity is formed. Think logically about what you are asking..... If it were possible to write off education as a business expense for a ...
Scott's user avatar
  • 17.4k
2 votes
Accepted

Requirements on invoice for expenses to be able to recover the included VAT

Yes, the Freelancer can buy just the same as a private person, and later decide this is a business-expense. Recipient must be the Freelancer himself though, not a friend etc. The invoice has to ...
Daniel's user avatar
  • 1,033
2 votes
Accepted

Upwork no project still need to pay taxes

Basically- if its income, its taxable. you will need to report it and pay appropriate taxes. Upwork has its own payment system. i would recommend using that instead of Paypal because Upwork has a ...
Jeff Christman's user avatar
2 votes

Freelancing in Germany: am I a Freiberufler or Gewerbe?

IANAL, but Freiberufler is actually pretty well defined: Most ventures that you need to be uniquely qualified for can be done freiberuflich - Meaning lawyers, engineers, educators; Artists are deemed ...
loonquawl's user avatar
  • 121
2 votes

Do non-USA residents have to pay tax or tax return for US based earning residing and working from own country?

Sounds like you may need to speak to a better tax professional in your area. I am not now and have never been a tax professional and I live in the United States. I also do not use online crowd ...
Scott's user avatar
  • 17.4k
2 votes

I live in the US as a non citizen and want to work for a German company remotely. Do I need a business license

Fellow US-German here with freelance clients in Germany. First, your immigration status is important. If you're not allowed to work in the US, it's my (non-lawyer) understanding that you can't engage ...
Dr. O's user avatar
  • 301

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