CSA assessment - going Self employed

salamjanab

Hi,
Does anyone know How CSA will calculate the CM, if I become self employed.
I am an employee (PAYE) and looking to start contracting and become self employed, may be for the same company or for another employer.
I have been to the CSA website which says that they will look at my earnings, and if its a new business (which will be the case) they will ‘assume’ Gross Earnings. Will they assume based on my current earnings?
More specifically, if anyone has any knowledge of three options of being self employed, 1) Open my own company, 2) Umbrella Company, 3) Get Tax number and become self employed without opening any company (or business bank account).
At the moment I am paying 20% of my salary but still facing issues and its been months I haven’t seen my kids. I was wondering that if i become self employed and not forced to pay the amount, then I can agree with her that she will get the same amount from me provided she let me see the kids regularly.
Between both of us, she has always said that she does not want children to be away from me as I clearly love them very much and they are attached with me too, but she does not act or say the same when it involves court or council!!
Thank you in advance for sharing your thoughts and advising on this matter.

Kimitatsu

I would be careful about going SE if you are planning to work for the same company. The taxs rules show the following:

If the answer is 'Yes' to all of the following questions, it will usually mean that the worker is self-employed:

• Can they hire someone to do the work or engage helpers at their own expense?
• Do they risk their own money?
• Do they provide the main items of equipment they need to do their job, not just the small tools that many employees provide for themselves?
• Do they agree to do a job for a fixed price regardless of how long the job may take?
• Can they decide what work to do, how and when to do the work and where to provide the services?
• Do they regularly work for a number of different people?
• Do they have to correct unsatisfactory work in their own time and at their own expense?

If you are just going to go SE and then work solely for the same company then you may well not be deemed SE and still an employee.

You can find more details on the small biz and charities board about the type of buisiness to open. CSA now takes gross earnings from the company, and if you have no accounts to show can put in an interim maintenance assessment of £30 a week, until you can show a projected balance sheet or accounts.

Contact and maintenance are not linked so the CSA ruling will have no impact on the courts.

Have started a new thread for you so you can get some more responses

romanempire

You're probably better off working through your own ltd company. This will cost £20 to setup yourself or about £40 if you use one of the various on-line company formation agents.

Check out the Professional Contractors Group:-

https://www.pcg.org.uk

There more effort involved in running your own business but I think its worth it (for more reasons then just the CSA).

Gotta run. Me 'n' my boy are off to see Grandma.

R.

LittleJohn

Also take a look at the forum on this site.

Lots of help available but read the stickies first ;>)

http://forums.contractoruk.com/