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16 year old UK resident being paid in dollars - how?

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  • gingercordial
    gingercordial Posts: 1,681 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    Cuthbert23 wrote: »
    Thank you so much for humouring me, camelot1971. If I knew you better, I would give you proof that I am telling the truth but, as it is, you will just have to learn to trust my honesty here. Your cynicism is rather distracting from me receiving potentially helpful advice and I thank those posters who have provided such advice.

    I have had conflicting advice about the tax situation and was surprised by what the HMRC advice line told me. I will be looking further into this.

    Several teenagers from Europe will be moving to the USA for this eSports competition later in the year and a big US games manufacturer is organising visas for them. They want the very best players to participate to help them to market their game worldwide. These days, not all eSports competitions take place purely online and members of my son's team have recently attended a competition in Texas. Apparently, there are people who like to go to watch these competitions live. I can't understand it myself but there is a growing market for these things.

    My son already has a bank account and a debit card but I want to know the most efficient way for him to receive a monthly salary in dollars when he is currently based in the UK.

    Pound, he has been receiving winnings as a solo player but, now that he has joined a professional team, he is also being paid a monthly wage.

    Has he researched his tax position as an "employee" of a US company? Things can get very tricky with tax in both places and need to rely on tax treaties.

    He should also be aware that winnings are taxable in the US, at least federally and also potentially in the state, unlike gambling winnings in the UK.
  • tom9980
    tom9980 Posts: 1,990 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've helped Parliament
    edited 29 April 2018 at 12:04PM
    I'll humour you.

    You totally ignored the HMRC point that steven mentioned.

    Getting a visa to work in the US is very hard. Why would a 16 year old from the UK get a visa for something an American could do? I should know - I have lived and worked in the US.

    Why would a 16 year old even need to be based in the US if it is "e-sports".

    A 16 year old can easily open a bank account and have a debit card.

    So, sorry, but I just don't believe you.

    You are talking nonsense and clearly have no clue about esports.

    I know 16 year olds travelling around Europe and the USA playing pro and being paid, age is no barrier. While the op may be a lying I can assure you the scenario is legit and is happening, I just literally just stopped watching a stream with teams qualifying for dreamhack in Austin Texas.

    The op doesnt mention which game it is but bootcamping in a gaming house is very common.

    update - http://www.bbc.co.uk/news/uk-43939836

    like i said getting much more common
    When using the housing forum please use the sticky threads for valuable information.
  • tom9980
    tom9980 Posts: 1,990 Forumite
    Part of the Furniture 1,000 Posts Name Dropper I've helped Parliament
    Has he researched his tax position as an "employee" of a US company? Things can get very tricky with tax in both places and need to rely on tax treaties.

    He should also be aware that winnings are taxable in the US, at least federally and also potentially in the state, unlike gambling winnings in the UK.

    No idea why you mention gambling winnings he is being paid to play, his winnings and participating in tournaments are not gambling.
    When using the housing forum please use the sticky threads for valuable information.
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