Covid-19 rescue deal for Self employed.

[northernladuk]

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.

[mogga71]

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.

[Beany]

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.

[Beany]

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!

[DSF70]

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.

[ladymuck]

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

[eek]

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????

[ladymuck]

becoming????

GPWM

[mallisarealperson]

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.