NewEdition
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I am a director of my own LTD company and do IT contracting.
My "company" gets contracts and my company charges the client X + VAT for services that I provide on behalf of my company.
My company pays me a salary each month that has the necessary tax / PRSI deductions etc.
However I have found an opportunity to do do some freelance work myself via an online site. The site is full of freelance / independent contractors / sole traders from lower cost countries.
If I set myself up on this site as a LTD company, clients will be put off I think, so would like to join the site as an individual.
How does this affect my situation as stated in the first paragraph?
Should I charge VAT for companies that I may do this freelance work for in Ireland, as its me that has obtained and will be doing the work, not my company. It is my company that is VAT registered, not me.
Also, what about payment for services? How should this be received?
Directly into my personal account with associated invoices and I declare it at the end of the year as additional income?
My "company" gets contracts and my company charges the client X + VAT for services that I provide on behalf of my company.
My company pays me a salary each month that has the necessary tax / PRSI deductions etc.
However I have found an opportunity to do do some freelance work myself via an online site. The site is full of freelance / independent contractors / sole traders from lower cost countries.
If I set myself up on this site as a LTD company, clients will be put off I think, so would like to join the site as an individual.
How does this affect my situation as stated in the first paragraph?
Should I charge VAT for companies that I may do this freelance work for in Ireland, as its me that has obtained and will be doing the work, not my company. It is my company that is VAT registered, not me.
Also, what about payment for services? How should this be received?
Directly into my personal account with associated invoices and I declare it at the end of the year as additional income?