15 February 2022
I have an offer to work for a UK company from India. They do not have any Indian establishment so, I will have to work on a contractual basis, I guess? Q1. What is the best option to import work from UK, work as a contractor? or Full Time Employee? Q2. If I go contractor route, do I need to register myself as a business and get a GST number? Q3. What taxes do I need to pay in India? Q4. Will my employer deduct any taxes in the UK? Q5. How can I create invoices for hourly rate to charge my employee?
Any help on this will be much appreciated. Many Thanks in advance.
15 February 2022
1 Full time employee. 2 yes. 3 Income tax payable on the income. 4 No tax will be deducted. 5 Invoice not required in case of employment.
15 February 2022
Thanks a lot Sir for your quick response. I heard, for full time employee there will be lot of legal formalities to be carried out by the UK employer? Where can I find out the process of registering myself as a contractor? Thanks again for your valuable inputs.
CAclubindia
