Originally posted by LisaContractorUmbrella
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Compusource, anyone?
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Originally posted by LisaContractorUmbrella View Post
There is an ni hit, but its better than nothing of course. Its always struck me as a bit mean that you cant get ni relief. But such is life.
Sorry, can you elaborate? I don't understand what you mean by NI hit.Comment
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Originally posted by Elliegirl View Post
Sorry, can you elaborate? I don't understand what you mean by NI hit.
Better than nothing though!
CraigComment
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thanks. I'm also not even sure when my 'employment' with Compusource ended. Was it from December, when I stopped asking them to submit invoices on my behalf? Their website, which had disappeared, has come back online but they do indeed seem to have gone out of business. I called the number and no reply. Because they stopped sending me pay advices I don't even have those from October. Bit worried about the implications of all this.Comment
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Originally posted by Elliegirl View Postthanks. I'm also not even sure when my 'employment' with Compusource ended. Was it from December, when I stopped asking them to submit invoices on my behalf? Their website, which had disappeared, has come back online but they do indeed seem to have gone out of business. I called the number and no reply. Because they stopped sending me pay advices I don't even have those from October. Bit worried about the implications of all this.
Look here if you're not sure http://www.contractoruk.com/first_ti...r_company.html but there is advice on this thread
Once you have done that choose an umbrella company or an accountant. (have a look though threads here if you're worried about jumping into the fire...)
Call your choice - they will be able to help you sort this out."I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank...Comment
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Originally posted by Elliegirl View Postthanks. I'm also not even sure when my 'employment' with Compusource ended. Was it from December, when I stopped asking them to submit invoices on my behalf? Their website, which had disappeared, has come back online but they do indeed seem to have gone out of business. I called the number and no reply. Because they stopped sending me pay advices I don't even have those from October. Bit worried about the implications of all this.
As Cojak said - you need to find another umbrella or set up a Ltd Co asapComment
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Thanks all. Now I AM nervous! I'm trying to sort this out between now and Monday, but what's the implications of not sorting this out quickly? what kind of problems could I find myself in?? really appreciate the great advice I'm getting!Comment
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Originally posted by Elliegirl View PostThanks all. Now I AM nervous! I'm trying to sort this out between now and Monday, but what's the implications of not sorting this out quickly? what kind of problems could I find myself in?? really appreciate the great advice I'm getting!
2) Getting into trouble with the tax man (not immediate, but it becomes a serious problem pretty damn quick)."I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank...Comment
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I think the payment thing is ok. I submit my timesheets to the company's system which are then signed off internally. I was then completing a timesheet on Compusource's system, and they would then invoice the company I'm working for. So basically I have a backlog of timesheets that need invoicing for, so I'm still due to be paid.
The taxman sounds like the much more serious problem!!Comment
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Originally posted by Elliegirl View PostI think the payment thing is ok. I submit my timesheets to the company's system which are then signed off internally. I was then completing a timesheet on Compusource's system, and they would then invoice the company I'm working for. So basically I have a backlog of timesheets that need invoicing for, so I'm still due to be paid.
The taxman sounds like the much more serious problem!!
How were Compusource paying you? What tax and NI deductions are shown on your payslips?Comment
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