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Substitute

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    Substitute

    I am planning on bringing in a substitute for a short period on my current project.

    Do I need any extra insurance cover?
    (They will be invoicing me as an individual rather than a ltd.)

    Do I need to notify the agency or just the end client?

    Thanks.

    #2
    Originally posted by crack_ho View Post
    I am planning on bringing in a substitute for a short period on my current project.

    Do I need any extra insurance cover?
    (They will be invoicing me as an individual rather than a ltd.)

    Do I need to notify the agency or just the end client?

    Thanks.
    If you want to try and appear to be a business you are gonna have to start thinking a bit more like one. Have to put a bit more effort in than this. It's ok us feeding you it but if you are not willing to think about it it will still fail.

    You have an employee now so will need PL insurance in case he kills himself. You also need to speak to an accountant about how you will pay him etc.. will be become and employee or a sole trader? Have you written a contract up between you? You gotta do this properly.

    Bearing in mind your contract is with the agent who do you think you need to speak to? You think your agent will be happy you throwing a new body in to your client without telling him???

    You say you are thinking of? Have you tested this with the client? As has been mentioned in a thread right above this one many sub clauses just won't work. Has the client agreed to this yet or just an idea? I would check the lay of the land before ruffling any feathers.
    'CUK forum personality of 2011 - Winner - Yes really!!!!

    Comment


      #3
      Originally posted by northernladuk View Post
      If you want to try and appear to be a business you are gonna have to start thinking a bit more like one. Have to put a bit more effort in than this. It's ok us feeding you it but if you are not willing to think about it it will still fail.

      You have an employee now so will need PL insurance in case he kills himself. You also need to speak to an accountant about how you will pay him etc.. will be become and employee or a sole trader? Have you written a contract up between you? You gotta do this properly.

      Bearing in mind your contract is with the agent who do you think you need to speak to? You think your agent will be happy you throwing a new body in to your client without telling him???

      You say you are thinking of? Have you tested this with the client? As has been mentioned in a thread right above this one many sub clauses just won't work. Has the client agreed to this yet or just an idea? I would check the lay of the land before ruffling any feathers.
      I knew I could rely on you to spank me - you bad boy.

      Is it an employee if they are invoicing me?

      Comment


        #4
        Originally posted by crack_ho View Post
        I knew I could rely on you to spank me - you bad boy.
        Am saving you from a session from my missus!! You will thank me one day
        'CUK forum personality of 2011 - Winner - Yes really!!!!

        Comment


          #5
          Originally posted by crack_ho View Post
          I knew I could rely on you to spank me - you bad boy.

          Is it an employee if they are invoicing me?
          If they're invoicing you then they're either a sole trader or a limited or an LLP. Watch out if you're on the Flat Rate VAT scheme. If the supplier invoices and they're VAT registered you will have to pay them VAT and won't be able to reclaim it so you'll be out of pocket.

          Comment


            #6
            Done this before and was pretty painless, was to another contractor and even made a profit which was nice.

            Was a weeks work so able to claim back vat as over the 2k limit, no issues with ins etc as subcontractor as part of contract told he paid for that himself (he already had it)

            Comment


              #7
              Originally posted by slogger View Post
              Done this before and was pretty painless, was to another contractor and even made a profit which was nice.

              Was a weeks work so able to claim back vat as over the 2k limit, no issues with ins etc as subcontractor as part of contract told he paid for that himself (he already had it)
              I'm pretty sure a subbie doesn't count as a capital asset, therefore you cannot reclaim the VAT if you are on FRS.

              Comment


                #8
                Originally posted by slogger View Post
                Done this before and was pretty painless, was to another contractor and even made a profit which was nice.

                Was a weeks work so able to claim back vat as over the 2k limit, no issues with ins etc as subcontractor as part of contract told he paid for that himself (he already had it)
                Um, are you sure?

                On the Flat Rate Scheme VAT can only be reclaimed on capital assets.

                Comment


                  #9
                  Originally posted by northernladuk View Post
                  If you want to try and appear to be a business you are gonna have to start thinking a bit more like one. Have to put a bit more effort in than this. It's ok us feeding you it but if you are not willing to think about it it will still fail.

                  You have an employee now so will need PL insurance in case he kills himself. You also need to speak to an accountant about how you will pay him etc.. will be become and employee or a sole trader? Have you written a contract up between you? You gotta do this properly.
                  He's not read the question once again. How is this person an employee if
                  (They will be invoicing me as an individual rather than a ltd.)
                  Since when do employees invoice their employers??

                  Comment


                    #10
                    Originally posted by Contreras View Post
                    Um, are you sure?

                    On the Flat Rate Scheme VAT can only be reclaimed on capital assets.
                    WHS - HMRC may not investigate and/or may not even notice. But better start calculating your liability and make sure you have the cash put aside.

                    Comment

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