Poll: Freelancers/Consultants – What's your yearly income? • Hacker News Board

Re: Poll: Freelancers/Consultants – What's your yearly income?

#121

Post by oreoftw » Mon, Sep 30, 2013, 1:08 PM UTC

acallaghan wrote: post #120

oreoftw wrote: post #114

Earlier quoted context omitted.

Is it possible to find a contract for a dev that has no permit to work in UK? For instance, I'm skilled in Scala&Python and can easily visit UK as a tourist/businessman. What's the way to this market?(Scala User Group meetups, anything other)?

I'd be in violation of your visa/visa waiver. I have to pay UK corporation tax, something you won't be able to do with a National Insurance number (right to work in the UK) or working on a work visa or something. I have American friends that have come and worked in the UK, but all for companies, none have setup themselves, so not sure if it's possible.

It shouldnt be a violation if I'll visit UK only to get new contracts and work on them remotely. I also have my own LLC in EU, so I can act on its behalf making taxation for customer easier.

The question is how to reach the market?

Re: Poll: Freelancers/Consultants – What's your yearly income?

#122

Post by petercooper » Mon, Sep 30, 2013, 3:57 PM UTC

moopmoop wrote: post #90

crucialfelix wrote: post #89

Earlier quoted context omitted.

really, as dividends ? I need to figure out how to do this. does your (own) company also pay social security ?

That's pretty much correct. Dividends are tax free (at least in the UK) and you can structure things so your corporation tax is minimised (maximising various allowances, taking a cut of VAT you charge, buying lots of equipment, etc etc). You just need a decent accountant who understands how to play this game...

Dividends are tax free (at least in the UK)

That's only true up to £32,010 and if you're earning £125k or so and extracting most of that through dividends, the majority of your dividend income should be attracting 22.5% and 27.5% tax after discounting, no?

Re: Poll: Freelancers/Consultants – What's your yearly income?

#123

Post by peteretep » Tue, Oct 01, 2013, 10:50 AM UTC

oreoftw wrote: post #114

noelwelsh wrote: post #69

Earlier quoted context omitted.

Depends what you do. If you work in the City you should reasonably expect £600 and up. No other sector in London pays as well. Ruby is quite commoditised now. Take a look at, say, Scala on jobserve.com and you'll see rates are double Ruby. The only way you'll make big money as a Ruby consultant is by differentiating yourself somehow. Better go write a book. All that said, I would be very hesitant about accepting work…

Is it possible to find a contract for a dev that has no permit to work in UK? For instance, I'm skilled in Scala&Python and can easily visit UK as a tourist/businessman. What's the way to this market?(Scala User Group meetups, anything other)?

Work from home, and you'll be sorted, even if you're coming in from week to week. Tax laws target _where the work is done_. Then you're just coming to visit a client.