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Putting an employee through your Ltd

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    #11
    Couldn't:
    YourCo sign the 5 week contract with ClientCo/Pimp
    YourCo invoice ClientCo/Pimp
    ClientCo/Pimp pay YourCo
    Your Mate Invoice YourCo
    You Pay YourMate
    Sorted.... No PAYE, No NI, No hasstle (for you) and (arguably) good for IR35.

    Comment


      #12
      Originally posted by Drewster View Post
      Couldn't:
      YourCo sign the 5 week contract with ClientCo/Pimp
      YourCo invoice ClientCo/Pimp
      ClientCo/Pimp pay YourCo
      Your Mate Invoice YourCo
      You Pay YourMate
      Sorted.... No PAYE, No NI, No hasstle (for you) and (arguably) good for IR35.
      That would make his mate self employed which means that SS is liable for tax on all the earning paid to his mate if his mate doesn't pay his taxes since SS's company was the lastcorporate entity the money went through.

      That's why agencys won't deal with self employed people, only LTD co's and umbrellas

      Comment


        #13
        Originally posted by Archangel View Post
        What happens if he gets very ill in week 1, are you going to pay him sick pay? Do the work for him? Find a sub? Get sued by the client//agency?


        Do you have employers liability insurance?

        Can you be bothered to operate the extra PAYE?

        Just tell him to go to a brolly.
        Yes I do but would I need employee's liability insurance?
        Blood in your poo

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          #14
          Originally posted by Sausage Surprise View Post
          Yes I do but would I need employee's liability insurance?
          There is no such thing.

          Employers liability insurance comvers an employer against claims by employees.

          Public Liability covers claims from members of the public.

          Professional Indemnity insurance covers claims from clients.


          HTH

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            #15
            Originally posted by Archangel View Post
            There is no such thing.

            Employers liability insurance comvers an employer against claims by employees.

            Public Liability covers claims from members of the public.

            Professional Indemnity insurance covers claims from clients.


            HTH
            After I posted I did wonder - don't know why I thought there was
            Blood in your poo

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              #16
              God no, not worth it.

              Wouldn't bother unless you want to go this route with many contractors going through your company, in which case then you will be very quickly set up for the long haul.

              Who's to say it will only last five weeks?

              Comment


                #17
                Umbrella companies can setup within hours, just give him a good one and leave it at that. Give him the name of the one you used on your first contract...

                Or look through a few on the internet for him...

                Comment


                  #18
                  It's really not worth the hassle. A brolly will cost him £100 or thereabouts and leave you well away from any potential comebacks.

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