O A P tax etc

billy_1

Hi could anyone help please, my Dad works casual odd days for his old firm, does anyone know of a management company that can deal with his tax national insurance etc . Now he is no longer permanently employed , hope this is clear. thank u

dzug1

If he's an OAP (65+) then he's exempt from national insurance.

And if he's working casual odd days a 'management company' seems over kill. Why can't he do it himself - it's not that difficult.

But just about any accountant will do it - for a fee

billy_1

Yes thank you, he is 68 so what would he need to give to an accountant ??

dzug1

His tax return, details of his state pension, details of his casual earnings and of any other income.

But as I said before why pay an accountant to do it when he can do it at home for nothing. By the time he's put all the details together he could have filled the form in.

PlutoinCapricorn

On what basis is he working for his old firm? Is he registered self-employed? I agree that if he is just earning a bit here and there he should be able to compile and file his own figures if that is necessary. He has a high personal allowance now, so may not need to pay tax at all.

billy_1

He works for his firm only when they are busy, Not allways one day a week. So i suppose he is self employed now, you say he can do this tax himself what do we do ?? sorry to ask so many questions as allways had employers to do all this for us:money: Also i havent said, he needs to bill his firm, so at present isnt getting paid from them £££££££££3

BruceyBonus

He'll need to register as self-employed at http://www.hmrc.gov.uk/sa/self-emp-part.htm

Every year, they'll send a self assessment tax return where he needs to declare all his income. The form isn't very scary as long as you keep records of everything. Remember that you can always phone/visit HMRC and ask them questions if you get stuck with the form!

billy_1

Ok thanks for that form, what is the best way to bill his company for his wage ??:beer:

harryhound

Some companies in this situation will program their computer to create an invoice to themselves on behalf of the "contractor" and churn out a monthly cheque at the same time.
The input document(s) to the computer could be chits signed by his supervisor, woops "front line client", for the work done.
This sort of dance helps to maintain dad's new status as "self employed"; it helps if he can demonstrate that he organises his own diary (ie they phone and say "can you come in next week and do the widgets job" and "he says OK I'll be along on Wednesday".) and if he has more than one customer.

That said, I doubt that HMR&C could get too excited if his profits are below (say) 15K.

What sort of work does he do?

billy_1

Like i say its only the odd day a week, he is a maintenance fitter and drives the trucks and other vehicles:D

mrkbrrws

Whose idea was this arrangement and what is its purpose?

I would have thought your Dad would continue as an employee if he is doing the same job just working reduced hours, why does he want to be self-employed?