Newly Self employed question.

Stevie1972

Hi,

I am now self employed as from Monday I have registered with HMRC etc etc. I got a question that is really niggling me and I cannot get an answer from anywhere.

I will be doing calibration work in garages for a company who will send me a list of jobs at the start of each month. At the end of each week they will pay me £83 per day for work I have carried out. When I have finished my jobs I am free to do work for anyone else I care to work for. The company I am doing the majority of my work for also have provided me with a credit card to pay for my expenses I do not know how this will work with the Inland revenue or if I should get my own credit card and pay my own fuel and have the company reimburse me the cost of fuel used each day.

Hope someone can explain the credit card situation to me as I am not sure if it is ok for another company to pay your expenses when you are self employed.

Stephen

fengirl_2

The provision of a credit card by a client makes one think that this is not true self employment, but is in fact employment. How may people would give their painter and decorator free reign with their credit card in Homebase? I think you should pay your own expenses and invoice them for your mileage along with each job.I would charge them the HMRC rate of 40p pm and then charge a similar amount in your accounts - whether for them or other clients.

max2009

I would invoice them each week/month for the £83 per day then at the bottom of the invoice list all your expenses for the week/month.You also invoice any other companies you do work for.