I received a call today from a potential client who is based overseas and has won a very small contract in the UK. They will carry out IT consultancy
Their UK customer has stipulated that they will only pay into an overseas bank account if they are able to produce evidence that their consultants are paying social security contributions which seems a strange request ? Any idea why the UK customer would make such a request ?
The other alternative is to pay into a UK Bank Account. My potential client does not want to set up a UK company. Therefore the only options would be my UK company to invoice their customer, collect the money and pay this back to my client after deducting a small fee or for the customer to pay into my company bank account and then I would transfer the money back to my client. Is there any implications that I need to consider from these two options ?