[thelist] New Design Firm

[John D Bloise]

If an individual gets paid and then pays his/her freelance coworkers, how do
that work? Thanks so much

Jack
----- Original Message -----
From: "Tony Crockford" <tonyc at boldfish.co.uk>
To: <thelist at lists.evolt.org>
Sent: Monday, February 04, 2002 9:45 AM
Subject: RE: [thelist] New Design Firm


>
> >If you don't mind me asking. How does your situation work? Depending on
the
> >project, one person gets payed and then pays the others? How does the tax
> >situation work with that? Is the check payed directly to you? Thanks
again.
>
>
> That's it exactly.
>
> It works on straightforward invoicing and payment - I invoice my colleague
> for my professional services, he invoices the customer for the whole
> project.  I'm responsible for my taxes, he is responsible for his.
> Sometimes his company faces the customer, sometimes it's mine and the
> invoices go the other way.
>
> We generally agree internal pricing before quoting the client.
>
> We also do work for other clients independently to ensure true
self-employed
> status.  By fixing the price of the contract between ourselves we ensure
we
> take an element of financial risk, we use our own equipment and this all
> helps us to avoid the IR35 (UK tax) trap.
>
> As one of the parties is a limited company, checks are made payable to the
> company in that case, otherwise to the individual freelancer - we all keep
> accounts of course.
>
> Hope this helps.
>
>
> --
> For unsubscribe and other options, including
> the Tip Harvester and archive of thelist go to:
> http://lists.evolt.org Workers of the Web, evolt !
>