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Covid-19 rescue deal for Self employed.

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    #41
    Originally posted by Beany View Post
    Thank you for replying.

    I contract through an umbrella so they do all my 'deducting' for me. So basically what I'm paid by the company is all 'earnings'. The umbrella just perform the PAYE bit and I get what's left.

    When this is all over and we're 'out the other side' I think there could be a new industry striking up in disaster contingency 'cos the sure haven't got much at the moment!
    So you are employed by your umbrella. Easy.
    'CUK forum personality of 2011 - Winner - Yes really!!!!

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      #42
      Originally posted by northernladuk View Post
      So you are employed by your umbrella. Easy.
      I tried to explain the Umbrella Company situation to my dear old Mother a few months back.

      She said 'So you are employing somebody to be your employer' ... and toddled off to the bar.

      I had no come back. When you step back from it all ... it's madness.

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        #43
        Originally posted by northernladuk View Post
        So you are employed by your umbrella. Easy.
        Hmm yes but according to the person I spoke to yesterday the only thing I'm entitled to is SSP if I get sick. They won't advise me with regards to any other financial assistance I may be entitled to. I wasn't actually expecting them to be financially responsible for me but a little guidance might have been nice.

        The only thing they said was check the gov.uk website.

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          #44
          Originally posted by mogga71 View Post
          I tried to explain the Umbrella Company situation to my dear old Mother a few months back.

          She said 'So you are employing somebody to be your employer' ... and toddled off to the bar.

          I had no come back. When you step back from it all ... it's madness.
          #accurate!

          Comment


            #45
            Originally posted by TheCyclingProgrammer View Post
            But probably capped at the same amount as the employee deal I would have thought, so you're looking at £30k/year max. As said above though, better than a kick in the teeth.

            I've never felt more relieved to have put aside a hefty warchest, although I never imagined I'd be relying on it for something like this.
            I’d opted against putting money into a pension in case of needing money due to IR35 and contracts drying up (part right!), but yep, looks like it’s gonna be used for this.

            I’m on 12 weeks isolation due to member of household being vulnerable.

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              #46
              Now magic Dave Chaplin is saying an easy way to hand out free money to contractors is to get them to do CEST and pay out to anyone with an inside determination.

              I'd love to know (and have asked) what contract these out of work contractors are assessing?

              The bloke is becoming a liability.

              Dave Chaplin on LinkedIn: #ir35 #offpayrolltax #stoptheoffpayrolltax | 126 comments

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                #47
                Originally posted by ladymuck View Post
                Now magic Dave Chaplin is saying an easy way to hand out free money to contractors is to get them to do CEST and pay out to anyone with an inside determination.

                I'd love to know (and have asked) what contract these out of work contractors are assessing?

                The bloke is becoming a liability.

                Dave Chaplin on LinkedIn: #ir35 #offpayrolltax #stoptheoffpayrolltax | 126 comments
                becoming????
                merely at clientco for the entertainment

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                  #48
                  Originally posted by eek View Post
                  becoming????
                  GPWM

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                    #49
                    Originally posted by ladymuck View Post
                    Now magic Dave Chaplin is saying an easy way to hand out free money to contractors is to get them to do CEST and pay out to anyone with an inside determination.

                    I'd love to know (and have asked) what contract these out of work contractors are assessing?

                    The bloke is becoming a liability.

                    Dave Chaplin on LinkedIn: #ir35 #offpayrolltax #stoptheoffpayrolltax | 126 comments
                    Yeah I saw that. He has been banging on about how crap CEST for months!!!!

                    What everyone needs right now is sensible not stupid comments. He has gone down in my estimations after saying that.

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