US company 1099 (self employed)

Padido

Hi there,
I have been contacted by a recruiter about a job for a US company. He wanted me to confirm that I am ok with a 1099 contract. What I could tell is that it means I'd need to register as self employed or a contractor. It's a legit tech company, with solid Glassdoor reviews, and solid media presence, so I doubt there are any funny business.
Anyone knows what are the implications of being a contractor tax wise?
Thanks!

Dox

Have a read of the relevant sections here: https://www.gov.uk/browse/business

I presume this is a recruiter who already had your details, not someone calling you out of the blue? If the latter, beware...or at least be aware.

buglawton

If you are subcontracting for just one US company, the HM Revenue in the UK will not permit 1099. You'd need to find a way to work inside IR35.

I also researched this question as my next job may be for a company that does not have a legal presence in the UK. I would need to be employed under a proper contract in the UK, in other words 'Inside IR35'. https://www.qdoscontractor.com/ir35/what-is-inside-and-outside-ir35 So I checked out umbrella companies that would be the agent for this. If you read up on this, many umbrella co's will be a pain in the neck as you chase for payment or argue about details. You should ideally choose one that has passed a certain standard of behaviour, e.g. from here:
https://www.fcsa.org.uk/members/

And guess what? None of them appear to want to work with ultimate employers outside of the UK. I emailed a couple and they confirmed that fact. Anyway, let us know how you get on OP.