The Client is a UK based recruitment company providing contractors to a multinational telecommunications provider in Zambia.
The Client is supplying international contractors for technical assignments within the telecommunications industry. They were close to agreeing a placement for a specialist into Zambia to work on a long term project. The contractor requested assurances regarding their net income before accepting an assignment. The Client lacked the necessary expertise in Zambian and international taxation to provide a quote on take-home income.
Additionally the recruitment company did not have a local presence in Zambia and needed an external provider to manage payment for the contractor. The Client sought to outsource payment and invoicing (P&I) for their foreign contractors to a contractor management company.
The Client was not experienced with international taxation. They needed an external provider for administration of payment to the contractor and providing the end client with assurance on compliance.
The Client was able to outsource payment of the contractor to Contractor Taxation Ltd. The Client provided Contractor Taxation Ltd with the gross daily pay rate for the contractor. The contractor was assigned an agent with Contractor Taxation who dealt directly with them to supply their earnings quote. This quote is delivered within 1 business day.
Through our expertise in dual tax agreements and non-domicile legislation, the contractor was assured of the highest possible retention rate on their earnings. Additionally they will be fully compliant with all relevant tax, employment and immigration law.
Contractor Taxation Ltd provided a contract template which ensured the contractor was bound by the Client’s necessary contractual terms. Within hours of the contractor accepting The Client’s offer we will had them setup in our invoicing and payment system and sent through the signed contracts.
Every month The Client receives an itemized invoice supported by signed timesheets and expense reports. Both contractor and client have access to detailed reporting on invoices, payments and expense processing. Contractor Taxation Ltd also provides the contractor with end of financial year and end of assignment statements to use with their tax reporting.
Additionally Contractor Taxation has a network of specialist providers who can provide the contractor with assistance in travel & health insurance, processing of personal expenses, professional indemnity / public liability insurance and tax reporting within their home country.
The Client was able to quickly complete the placement and have the contractor start their assignment. The contractor benefited from the best possible retention on their take-home pay.
Products and services your company used
International tax advice
Calculation of net earnings
Services provided by other groups or companies
Contractor Taxation uses the services of our specialist local partners where necessary to assist with tax advice and filing.