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couple of days work, nudge nudge, say no more

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    couple of days work, nudge nudge, say no more

    I have the possibility of a few days work with a local company, at a rate that is way below what I usually charge, even in times of so called financial crisis

    they have a set budget they want for something they reckon will take 5 days

    spoke to the guy the other day, and am meeting him tomorrow for a chat just out of courtesy initially

    Now, I normally work through my Ltd, but are there any other options for such a short piece of work?

    #2
    Mention it on the interweb, then do it cash in hand and try not to think of the Inland Revenue and the VAT man finding out. Some can, some can't.

    Is that what you wanted to hear?

    Sorry, what was the actual question you wanted answered?
    Drivelling in TPD is not a mental health issue. We're just community blogging, that's all.

    Xenophon said: "CUK Geek of the Week". A gingerjedi certified "Elitist Tw@t". Posting rated @ 5 lard points

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      #3
      not at all, I just wondered if there might be another way to do it

      ie. outside my Ltd but declare it as income?

      obviously I could do it cash in hand and take the risk, I don't need to ask on the internet to know that, but thank you for asking!

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        #4
        What is the benefit or gain by doing it 'outside' your ltd?
        The cycle of life: born > learn > work > learn > dead.

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          #5
          Originally posted by jmo21 View Post
          Now, I normally work through my Ltd, but are there any other options for such a short piece of work?
          1. Self-employed.
          2. Umbrella.
          3. Your Ltd.

          I can't understand why you would want to do it outside your Ltd, since with 1 or 2 you will be paying PAYE (assuming you declare it).

          If you don't pay your tax due, then the company that employed you will become liable. Which is why most clients force you to be through an umbrella or Ltd.
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            #6
            Originally posted by jmo21 View Post
            not at all, I just wondered if there might be another way to do it

            ie. outside my Ltd but declare it as income?

            obviously I could do it cash in hand and take the risk, I don't need to ask on the internet to know that, but thank you for asking!
            Hahahahaha! I dont think anyone believes that!

            You either do it 'for cash' or via your Ltd Co. Surely its a no brainer to put it through the Ltd Co?
            I couldn't give two fornicators! Yes, really!

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              #7
              stupid question i guess, i am suitably chastised, thanks all!

              Comment


                #8
                Presumably, small jobs like this are worth putting through the books in case one has to defend one's IR35 status?

                I've written that, knowing full well I'm about to be shot down in flames... "it's all to do with each contract" or some such.
                Drivelling in TPD is not a mental health issue. We're just community blogging, that's all.

                Xenophon said: "CUK Geek of the Week". A gingerjedi certified "Elitist Tw@t". Posting rated @ 5 lard points

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                  #9
                  Originally posted by BrowneIssue View Post
                  Presumably, small jobs like this are worth putting through the books in case one has to defend one's IR35 status?

                  I've written that, knowing full well I'm about to be shot down in flames... "it's all to do with each contract" or some such.
                  a contractor friend of mine swears by having lots of short contracts for the same reason

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                    #10
                    Do it for cash. As it's a small piece of low rate work and the local company wants it cheap why not.

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