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Which should I choose £16.50 per hour self emp or £14 emp
sadie222
Posts: 11 Forumite
I am going for a job which offers £16.50 per hour self employed or £14 employed, the job is for 24 hours a week, can somebody please tell me which I should go for please (I understand self employed means form filling)
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Comments
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Employed - you get 5.6 weeks of paid holiday a year. So about 10%. Plus paid sick leave (possibly?) and other perks.
Self employed - potentially a bit less tax? Form filling and admin - maybe up to half a day a week? (5%)
My feeling from these rough figures is that the margin between £14 and £16.50 is not big enough to make SE worth it.Ex board guide. Signature now changed (if you know, you know).0 -
I am going for a job which offers £16.50 per hour self employed or £14 employed, the job is for 24 hours a week, can somebody please tell me which I should go for please (I understand self employed means form filling)
Surely employed everytime.
The difference is marginal. it may appear to be £60 a week. But considering that annual leave would make up around half that, + SSP, and eventually full employment rights....0 -
Many Thanks for your help, greatly appriciated0
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If your employer has a pension contribution scheme that you can sign up to after probation then it's a no brainer. For self-employed, you have to arrange for your own private pension scheme or look at claiming state pension when you retire.0
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Very unlikely that you genuinely have a choice. It's a matter for HMRC, not you or the organisation offering the work, so be wary of this apparent 'freedom'.Googling on your question might have been both quicker and easier, if you're only after simple facts rather than opinions!0
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