From 1 man band to an 'employer'

[Stag Cozier]

Well, I had a good chat with my accountant about this. He was bemused that someone was willing to hand over so much to HMRC!

We came up with a plan which is quite logical and simple. There will be a charge-out rate (which the client/agency pays) and a salary rate (which my OH gets paid). The difference would cover employers NI and expenses, etc with any 'profit' payable to him as a bonus at year end.

My accountant mentioned that this would also help shore up the legitimacy of my company. So, this may be a suitable route for anyone else wanting to do the same.

When represented with the facts of the true cost of the non-director/non-divvy route, my OH saw the light and is now willing to concede that I was right all along.

What happens if you and your OH split and for some reason the work carried out was rubbish. Your limited company would be left with the bill so make sure you have insurance. Do you trust the work he does?

IMHO your options should be:

1. OH goes brolly.
2. Setups his own limited company.

[SackmanandCo]

probably easier to set up a separate limited company. if paying full salary, then no IR35 issue.

[Sockpuppet]

Tell him to stop being a girl and propose.

Then after that tell him to become and employee and a director where NMW and Holidays don't apply.

[ladymuck]

My apologies, I did not list every detail of all the conversations I've had so in summary:

Yes, my accountant did bring up IR35. When he gets a contract, it will be reviewed as all my contracts are and appropriate measures will be taken.

Yes, I have insurance and I have double-checked that it covers my OH too. I will also extend PCG membership to cover us both.

Yes, I trust his work. He has a similar work ethic to me.

I appreciate that we may not last together forever but he's put up with me (and I him) for 10 years now - much more than many marriages but less than my parents (them being in their 40th year). I am not a fortune teller but I do plan for the worst and hope for the best in pretty much all aspects of my life.

There will be no marriage proposals. Girly behaviour or not, he's dumped if the diamond and platinum ring I've got my eye on comes with strings attached.

On a more serious note, thanks for all your comments.