I may have the opportunity of a couple of day's work per week, for a company who would probably prefer to pay me on a self employed basis.
Would I be better off being self employed or on the books (given that I may also have intermittent work elsewhere) and if you think 'self employed' is the way to go - what do I need to do to arrange this?
I think one of the things you need to bear in mind is that obviously when you're self-employed you will need to sort out your own tax etc as well as ensure you have enough set on one side to cover for holidays. That means the amount you get from the company must reflect all the additional payments you will need to make.
It's one way of a company doing things 'on the cheap' as they don't have to bother with that side of things - however, make sure you get what you are worth.
You'll also have to consider what to do if you are sick, need time off for any other reason etc.
Good luck :thumbsup:
Cheers Hels :thumbsup:
I'm going to have to fill in a tax return anyway (due to previous 'self employed' stuff I did, so I'm not sure if I'm better staying that way.
errr be careful about the choice of s/e. its not quite that simple. the way you work for the employer determines if you are working on a s/e status. so, for instance, if you work regular days, same days, hours, employer trains you, employer tells you when to work, when to take hols etc then that will be looked upon as being employed as far as the inland revenue is concerned.
unforunately you have to make sure you meet the rules of s/e to claim s/e. if your job almost represents employment other than the way you are paid (ie gross without deductions for tax/ni) then this cant be s/e. conversely, if you choose the days, hours, hols, etc then this can be s/e. check out ACAS website for more details. nothing bad would happen to you, although tax man would ensure you end up paying the right tax, but the employer could be forced to repay the NI they should have paid for you plus pay you any o/s holiday pay accrued for the days you worked.
they may be trying to save money; may also be trying to save dismissing you when not needed, or if you dont work out for them. far less bother for them of course.
check it all out thats what i say.