Posts Tagged ‘uk ltd’
Tags: business in the UK, CPA, tax strategy, UK, UK Accounting firm, uk branch, uk business, UK business guides, UK Inward Investment, uk ltd, UK VAT
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What is a sub-contractor in the UK?
A UK sub-contractor can either be self-employed (invoicing in his own name), or work through an intermediary – usually his own one-man band UK Limited Company. By this I mean he may be the sole director or shareholder, or his wife/husband/partner may also be involved. The main reason why an individual would invoice though his own company would be to withdraw profits by way of dividends rather than through a UK payroll, and thereby avoid Employers National Insurance.