New to Self-employment

iAMaLONDONER

Phil_68 wrote: »

Ok, first thing first - you can only be self employed if you choose the hours you work. There is more to it than that, but that is a good starting point.

As for taking out 5%, if you have no benefit from it then find another agency.

Better still, pay me 10% of your annual earnings for employment advice

Phil.

I love my job and it's a unique one (well only 2 other companies have the contract for this particular job)

I rarely do any work for these people but I like the work! I'm pretty sure it's not 100% self-employed (to say the least) but ah well..

@£8.55 an hour,after a 5% deduction the pay is still good!

Prothet_of_Doom

Is Inland Solutions an Umbrellor Company ? Would the client deal with you if you were a sole trader ?

Prothet_of_Doom

iAMaLONDONER wrote: »

Nothing at all really.

We have no choice that's the only way the recruitment agency will pay us.

Also I know that it saves them money making us 'self-employed' - no employers NI ,no employment rights or holiday pay

The recruitment agency can pay you via PAYE (although the hourly rate is usually less) or it can buy a service (which could be labour by the hour with a specific skill.

Google IR35 to start with.

Prothet_of_Doom

iAMaLONDONER wrote: »

@£8.55 an hour,after a 5% deduction the pay is still good!

Really ? Define "Good".

Prothet_of_Doom

Phil_68 wrote: »

Ok, first thing first - you can only be self employed if you choose the hours you work. There is more to it than that, but that is a good starting point.


Phil.

That's a red herring, but one I'd use if the HMRC wanted to discuss status

http://www.hmrc.gov.uk/employment-status/index.htm

iAMaLONDONER

Prothet_of_Doom wrote: »

Really ? Define "Good".

The London living wage is £8.55!
Min wage for 19 YO: £5

iAMaLONDONER

Prothet_of_Doom wrote: »

The recruitment agency can pay you via PAYE (although the hourly rate is usually less) or it can buy a service (which could be labour by the hour with a specific skill.

Google IR35 to start with.

They ONLY pay via Inland Solutions

PAYE would mean we had employment rights,holiday pay and potentially NI contributions (even pension!)