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Private Work---How?

Hi all,

I have a question regarding private work.

I have been asked to do some freelance by my old company.  I have given them and rate and they have agreed, but how can i make it official.  

1.   Do they need to provide me with a spec then i provide them with a timeframe?
2.   How do i invoice them?
3.   Do i need to set myself up as a sole trader in order to work legally?
4.   Who takes care of tax, me or them?...which
5.   Basically...what do i need to do get to started on the work so that i am in a position to get paid and not get screwed over...Which they are notorious for

Thanks
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apresto
Asked:
apresto
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3 Solutions
 
CraigHarrisCommented:
You need to agree a spec and timeframe with them -- ideally split it into milestones; if a large job then get part payment at each milestone.
Get the agreement printed twice and signed by both parties

Invoicing is easy - just print a sheet with your address & their's and an overview of project - include the price and document the payment method, due date & late penalties in the "small print"

In the UK you get 3 months (I think) to register as self-employed / sole trader for tax.
You will need to do self assesment at the end of the year.

Basically all you need to do is agree a spec, timeframe & price in writing; then you later need to register for tax and pay your tax yourself at the end of the financial year.

If there's enough work to cover it, then get yourself an accountant - but you shouldn't need one.
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CraigHarrisCommented:
BTW: I normally invoice for payment when the software / web site is complete, but don't hand over source code until payment recieved -- this way I can't get screwed over.
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aprestoAuthor Commented:
Hi there,

Thanks very much to the reply.

I know i mentioned sole trader but it is necessary for me to do so,will i benefit from it.

>>>BTW: I normally invoice for payment when the software / web site is complete, but don't hand over source code until payment recieved -- this way I can't get screwed over.

Good call!

So...as i understand i need to:

Document a spec, sign it, send both copies to them and have them return one copy to me
On this spec it should contain a full spec and timeframe

And when i invoice them just send them a word doc with both our addresses, and proj overview, and price.

When i give them a time frame will i need to give it in ours with the hourly rate so that they can approve how much it will cost them, obviously i cant turn around at the end and claim forty hours if they though it would only take 20

Thanks again for the reply
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devsolnsCommented:

best piece of advice, GET EVERYTHING IN WRITING!
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aprestoAuthor Commented:
thats good advice, thanks :o)

Thing is, i don't know what everything is...i dont know what i need to give them or get from them, hence the "How To" :o)
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