Do clerical workers count when getting a business insurance?
+ Reply to Thread
Page 1 of 3 1 2 3 LastLast
Posts 1 to 10 of 21
  1. #1

    Still gathering requirements...


    Join Date
    Jun 2012
    Posts
    95
    Thanks (Given)
    4
    Thanks (Received)
    0
    Likes (Given)
    0
    Likes (Received)
    0

    Default Do clerical workers count when getting a business insurance?

    Hello,

    My wife is mainly doing clerical work for the company, but when I asked my accountant about her status for other subjects (like mandatory pension enrolment), she told me that she didn't count as an employee so it was not required for me to register.

    The doubt now is regarding business insurance (professional indemnity and public liability + Employers liability). Companies ask for the number of people to be insured in a few different ways:
    • Number of workers: What is the total number of employees in your business (including Directors, labour only subcontractors and temporary employees)?
    • Number of Employees: Please choose the number of people working for the business including any Directors, Principals or Partners. Please note that the maximum number of people covered under this policy is 5 (including Directors)
    • How many people need cover?

    Do you know if I should enter 1 (mainly to insure me when I go to a client) or 2 (if she counts as well for this purpose)?

    Thank you

  2. #2

    I live on CUK

    SueEllen's Avatar
    Join Date
    Nov 2005
    Location
    in the Park
    Posts
    27,931
    Thanks (Given)
    1415
    Thanks (Received)
    1132
    Likes (Given)
    4509
    Likes (Received)
    4181

    Default

    Is your wife a company officer?
    "You’re just a bad memory who doesn’t know when to go away" JR

  3. #3

    Still gathering requirements...


    Join Date
    Jun 2012
    Posts
    95
    Thanks (Given)
    4
    Thanks (Received)
    0
    Likes (Given)
    0
    Likes (Received)
    0

    Default

    Quote Originally Posted by SueEllen View Post
    Is your wife a company officer?
    I wouldn't think so, ie, she's neither director nor secretary, but she's got shares on the company and helps with the admin work...

  4. #4

    Prof Cunning @ Oxford Uni

    WTFH's Avatar
    Join Date
    Nov 2012
    Posts
    10,350
    Thanks (Given)
    138
    Thanks (Received)
    1392
    Likes (Given)
    1135
    Likes (Received)
    3718

    Default

    Does she get paid by the company with anything other than dividends?
    Strong and Stable Moderation

  5. #5

    My post count is Majestic

    northernladuk's Avatar
    Join Date
    Mar 2009
    Posts
    33,825
    Thanks (Given)
    141
    Thanks (Received)
    1472
    Likes (Given)
    1783
    Likes (Received)
    6045

    Default

    Does she really need PI PL or EL? What is she doing that might need you to claim on these?
    'CUK forum personality of 2011' - Winner - Yes really!!!!

  6. #6

    Contractor Among Contractors


    Join Date
    Sep 2012
    Posts
    1,131
    Thanks (Given)
    21
    Thanks (Received)
    97
    Likes (Given)
    62
    Likes (Received)
    130

    Default

    Quote Originally Posted by northernladuk View Post
    Does she really need PI PL or EL? What is she doing that might need you to claim on these?
    EL isn't so much what she is doing that might warrant a claim, as an employment protection in the workplace?

  7. #7

    Contractor Among Contractors


    Join Date
    Sep 2012
    Posts
    1,131
    Thanks (Given)
    21
    Thanks (Received)
    97
    Likes (Given)
    62
    Likes (Received)
    130

    Default

    @OP

    PL and PI are discretionary insurances. EL is compulsory. I looked into the position of family members and EL, and my conclusions are here:

    https://www.whitefieldtax.co.uk/help...ity-insurance/

    Also there is no automatic family exception for Pensions auto enrolment AFAIR. Issue will be around salary and whether she is an officer or not.

  8. #8

    Still gathering requirements...


    Join Date
    Jun 2012
    Posts
    95
    Thanks (Given)
    4
    Thanks (Received)
    0
    Likes (Given)
    0
    Likes (Received)
    0

    Default

    Hi,

    Two doubts:

    Quote Originally Posted by Jessica@WhiteFieldTax View Post
    @OP
    PL and PI are discretionary insurances. EL is compulsory. I looked into the position of family members and EL, and my conclusions are here:
    .
    Code:
    Limited Companies
    Another exemption applies here:
    companies employing only their owner where that employee also owns 50% or more of the issued share capital in the company
    This would exempt a situation where
    (i) a controlling director (50% shares or more of shares) is the only employee; and
    (ii) where two people work for the company and have 50% of the shares each.
    I noticed in another link that they mention one would need 51% of the shares, not 50%. Do you know why that might be? or which figure is the correct one?
    Public liability and employers liability help and questions - insuredrisks.co.uk

    Code:
    If you are a limited company consisting only of yourself, and manual and clerical staff, where you own more than 51% of the business, then employers liability insurance is not required.
    If you are a limited company consisting only of yourself, and manual and clerical staff, but own less than 51% of the business then employers liability insurance is required.
    If you are a limited company with more than one person then employers liability insurance is always required.



    Quote Originally Posted by Jessica@WhiteFieldTax View Post
    @OP
    Also there is no automatic family exception for Pensions auto enrolment AFAIR. Issue will be around salary and whether she is an officer or not.
    Regarding this, do you know what is the salary figure that makes a difference regarding Pensions auto enrolment, or where to find more info?

  9. #9

    My post count is Majestic

    northernladuk's Avatar
    Join Date
    Mar 2009
    Posts
    33,825
    Thanks (Given)
    141
    Thanks (Received)
    1472
    Likes (Given)
    1783
    Likes (Received)
    6045

    Default

    Quote Originally Posted by mickael28 View Post

    Regarding this, do you know what is the salary figure that makes a difference regarding Pensions auto enrolment, or where to find more info?
    Well your accountant should be helping you with this but failing that there is google.

    https://www.itcontracting.com/pensio...t-contractors/

    If you are struggling with all this I'd recommend you give QDOS a ring who specialise in this type of thing. They will walk you thought it all.
    Last edited by northernladuk; 13th November 2017 at 11:08.
    'CUK forum personality of 2011' - Winner - Yes really!!!!

  10. #10

    Still gathering requirements...


    Join Date
    Jun 2012
    Posts
    95
    Thanks (Given)
    4
    Thanks (Received)
    0
    Likes (Given)
    0
    Likes (Received)
    0

    Default

    Quote Originally Posted by northernladuk View Post
    Well your accountant should be helping you with this but failing that there is google.

    https://www.itcontracting.com/pensio...t-contractors/

    If you are struggling with all this I'd recommend you give QDOS a ring who specialise in this type of thing. They will walk you thought it all.
    Thanks for the link, I didn't know what to search for.

    I asked SJD two or even three times at the time to try and get further details to understand that, and they mainly kept coming back saying that I needed not to worry, although not much explanations about why not. I've not checked QDoS Accountancy services to see how they compare to SJD (which were kind of expensive last time I checked)

+ Reply to Thread
Page 1 of 3 1 2 3 LastLast

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Content Relevant URLs by vBSEO 3.6.0 ©2011, Crawlability, Inc.