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Author Topic: Get paid to make invoices  (Read 177 times)
Lionel (OP)
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January 28, 2021, 11:43:21 AM
Last edit: January 28, 2021, 11:59:05 AM by Lionel
 #1

Are you from a low taxation country?
e.g. Bangladesh, Hungary, Bulgaria, Romania, Bermuda, etc. see the list here https://www.investopedia.com/articles/personal-finance/051915/corporate-tax-rates-highs-and-lows.asp

I am a software developer in a high taxation country. I am going to provide you some earnings with minimal efforts.
You just have to sell my IT talent to my clients worldwide (i already have them, you don't have to find them).

You (or your accountant) will make an invoice every month, and receive the payment for my development service,
plus your taxes, your expenses and some margin, so that you gain something too.

Then you pay me my part, with no need to have a formal contract with me.
You can pay me e.g. in crypto directly, even if i don't have a contract with you.

My part will usually be $800 - $900 a month, maximum $1500.
So the invoice you will make every month will be:
 My part (e.g. $800) +
 your taxes in your country +
 your accountant fees (e.g. $50/month?) +
 your earning margin ( e.g. $20, $50, $100? You decide)

Let me know what's your country, estimate taxes on $10000/year income (maybe even $12000) ,
your accountant costs and your desired margin.

Let's discuss preferably in PM, but here is ok.
I give preference to reputable posters.
MAAManda
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January 28, 2021, 12:54:17 PM
 #2

Are you from a low taxation country?
e.g. Bangladesh, Hungary, Bulgaria, Romania, Bermuda, etc. see the list here https://www.investopedia.com/articles/personal-finance/051915/corporate-tax-rates-highs-and-lows.asp

I am a software developer in a high taxation country. I am going to provide you some earnings with minimal efforts.
You just have to sell my IT talent to my clients worldwide (i already have them, you don't have to find them).

You (or your accountant) will make an invoice every month, and receive the payment for my development service,
plus your taxes, your expenses and some margin, so that you gain something too.

Then you pay me my part, with no need to have a formal contract with me.
You can pay me e.g. in crypto directly, even if i don't have a contract with you.

My part will usually be $800 - $900 a month, maximum $1500.
So the invoice you will make every month will be:
 My part (e.g. $800) +
 your taxes in your country +
 your accountant fees (e.g. $50/month?) +
 your earning margin ( e.g. $20, $50, $100? You decide)

Let me know what's your country, estimate taxes on $10000/year income (maybe even $12000) ,
your accountant costs and your desired margin.

Let's discuss preferably in PM, but here is ok.
I give preference to reputable posters.

What about Indonesia?

R


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Insanerman
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January 28, 2021, 01:34:41 PM
 #3

Let's discuss preferably in PM, but here is ok.
I give preference to reputable posters.

Does freelancing have taxes in your country? I don't get the reason why you would hire someone to be your wallet for you to save taxes. If that is really your full-time job being a developer with international clients, well it's a wise choice to do this. But wouldn't you still be required to pay your taxes or you would label it as freelancing once there would be an accountant? I have a lot of friends whom are accountant and which I personally know well and trusted.

Also just to be clear, you are hiring someone to take the payment for your services then it would be taxed on them right? Apparently, earning around 10,000USD a month here in my country (PH) takes around 2,500USD tax if you would indeed take 10,000USD per month (damn thats huge). You might really have a hard time finding people that would have low tax for such huge income for a month. But still, list me up.
CCMS
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January 28, 2021, 03:07:58 PM
 #4

Are you from a low taxation country?
e.g. Bangladesh, Hungary, Bulgaria, Romania, Bermuda, etc. see the list here https://www.investopedia.com/articles/personal-finance/051915/corporate-tax-rates-highs-and-lows.asp

I am a software developer in a high taxation country. I am going to provide you some earnings with minimal efforts.
You just have to sell my IT talent to my clients worldwide (i already have them, you don't have to find them).

You (or your accountant) will make an invoice every month, and receive the payment for my development service,
plus your taxes, your expenses and some margin, so that you gain something too.

Then you pay me my part, with no need to have a formal contract with me.
You can pay me e.g. in crypto directly, even if i don't have a contract with you.

My part will usually be $800 - $900 a month, maximum $1500.
So the invoice you will make every month will be:
 My part (e.g. $800) +
 your taxes in your country +
 your accountant fees (e.g. $50/month?) +
 your earning margin ( e.g. $20, $50, $100? You decide)

Let me know what's your country, estimate taxes on $10000/year income (maybe even $12000) ,
your accountant costs and your desired margin.

Let's discuss preferably in PM, but here is ok.
I give preference to reputable posters.

So you are this : REDDITOR

What about India Huh

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Lionel (OP)
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January 28, 2021, 03:24:49 PM
 #5

India is high taxation apparently. But i have taken just a quick read online. Have to check it out.

Indonesia and PH, i have to check.

Also, i did not say 10k $ per month, but per year.

Likely will be a little more, between 12000 and 15000
Insanerman
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January 29, 2021, 10:50:42 AM
Merited by Lionel (1)
 #6

India is high taxation apparently. But i have taken just a quick read online. Have to check it out.

Indonesia and PH, i have to check.

Also, i did not say 10k $ per month, but per year.

Likely will be a little more, between 12000 and 15000

Sorry I misunderstood. If your income would be with a minimum of 800USD, the tax here in PH would be from 72USD to 125USD (rough estimate). And if it would be around 12,000USD per year, it might take from 865USD to 950USD annually. I've known how to compute this as I've been taught to manage my own taxes. If you would do a little research, some might mislead you as the 2021 Income Tax Return in my country had changed with laws implemented recently (in which is much cheaper, if this computation would be on 2020, the price of tax is 1.75x). Hope this helps!
btc0831
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February 02, 2021, 05:14:16 AM
 #7

Are you from a low taxation country?
e.g. Bangladesh, Hungary, Bulgaria, Romania, Bermuda, etc. see the list here https://www.investopedia.com/articles/personal-finance/051915/corporate-tax-rates-highs-and-lows.asp

I am a software developer in a high taxation country. I am going to provide you some earnings with minimal efforts.
You just have to sell my IT talent to my clients worldwide (i already have them, you don't have to find them).

You (or your accountant) will make an invoice every month, and receive the payment for my development service,
plus your taxes, your expenses and some margin, so that you gain something too.

Then you pay me my part, with no need to have a formal contract with me.
You can pay me e.g. in crypto directly, even if i don't have a contract with you.

My part will usually be $800 - $900 a month, maximum $1500.
So the invoice you will make every month will be:
 My part (e.g. $800) +
 your taxes in your country +
 your accountant fees (e.g. $50/month?) +
 your earning margin ( e.g. $20, $50, $100? You decide)

Let me know what's your country, estimate taxes on $10000/year income (maybe even $12000) ,
your accountant costs and your desired margin.

Let's discuss preferably in PM, but here is ok.
I give preference to reputable posters.
Hi , are you looking for people to accept payment ?
Mayne I can help you with this if you can explain me what exactly and how exactly you're making it work!
You can also pm me on telegram or here.
Tg: https://t.me/Btc0831
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