Reply to: Refusal to pay to business account

[SueEllen]

How do they contact you? Is it email/phone spam?
I don't really want to be contactable or in any list by said companies.

They text and phone you.

Report any text message to your mobile operator as spam.

In regards to phone calls find out where they got your number from and point out it's on the TPS. They should slam the phone down on you.

[vwdan]

How do they contact you? Is it email/phone spam?
I don't really want to be contactable or in any list by said companies.

Phone calls usually - pretty certain they use the Job Sites and get your details from your CV. If you're trying to be easy to find for a potential client it stands to reason that you're easy to find for others sadly.

[AnotherGuy]

Had one this afternoon - tore an absolute strip off him because I was in a bad mood and he then tried to sell me life assurance.

How do they contact you? Is it email/phone spam?
I don't really want to be contactable or in any list by said companies.

[TykeMerc]

I must admit I am now feeling the oh dear.

I'm now feeling very out of my depth. Thank you for the replies I have a lot to think about.

You've a vast amount to learn too.

Start with the First Timers Guides ------------------------------------------------>
Over there to the right.

As you've found out there's no chance the Agency will do business the way you want, get it sorted out into a sensible and above all legal approach.

[vwdan]

Please let us know who the "Service Provider" is? I wonder if its one of those who promise you 84%+ retentions and that there Scheme has been approved by a "QC"?

Had one this afternoon - tore an absolute strip off him because I was in a bad mood and he then tried to sell me life assurance.

[pmeswani]

Putting aside everything that has been said, if the said provider went bust whilst holding your money...... what would you do?

[psychocandy]

It's not umbrella I have a ltd company and will be paid through my ltd.

Essentially the only issue is I want them to pay the provider so they can do all of the accounting bits then they will tell me what I can draw from my company account as my wage

WTF?

[LisaContractorUmbrella]

I must admit I am now feeling the oh dear.

I'm now feeling very out of my depth. Thank you for the replies I have a lot to think about.

Can you let us know who the provider is? Other contractors would appreciate knowing who to avoid

[Nhscontractor]

I must admit I am now feeling the oh dear.

I'm now feeling very out of my depth. Thank you for the replies I have a lot to think about.

[garethevans1986]

+1 to the Oh Dear.

[northernladuk]

Oh dear......

Oh dear oh dear....

[LisaContractorUmbrella]

"Service provider" raise invoices on behalf of the Limited Company direct to Agency
2. Agency pays invoice to Service provider Ltd bank details
3. Funds are then allocated to *my* Limited Company VAM account
4. Company income is split into a wage and company profits.
5. Wage is paid to the Director as an employee of his own Limited Company which is subject to PAYE tax and NI
6. Company income is paid to Director upon request which is subject to corporation tax
7. All tax and national insurance is reserved in Company VAM Account
8. PAYE tax and NI is paid over monthly with Payment submission to HMC
9. Corporation tax is reserved until the end of the company accounting year and paid over upon completion of Corporation Tax return.


This was the explanation the provider gave to me I have subsituted names ofc. I was not under the impression my reading through Msc legislation this broke any rules but if so I would very much appreciate if you could point it out to me

IT'S A MANAGED SERVICE COMPANY!! Sorry to shout but we have all said it - they're not allowed http://www.hmrc.gov.uk/employment-st...nce-july07.pdf

[tractor]

...

I am comfortable for them to hold it yes. I have absolute faith in them not doing anything untoward with said money. However I really need to get down the point of is it or is it not legal to do it this way and if it is how can my agency refuse to pay?

Also they don't promise some 84% figure.

I'd someone can quote something making me think this process isn't legal then I will ofc 100% name names.

AML legislation for a start. VAT legislation for a second, MSC legislation for a third. It is not necessarily legality but the agent's appetite for risk also.

Why is it that people ask for help, are given it from professionals and successful peers alike, where the advice is uniform and consistent and the OP still does not get it?

The agency is required to ensure that the money is paid to the organisation that does the work.

I have to ask why you want to go outside normal process? You have been asked already and you won't provide an answer. This alone makes people think you are trying something dodgy.

Why don't you just bill the agent and have the money paid directly to your company as the agent is stipulating?

[Nhscontractor]

I am comfortable for them to hold it yes. I have absolute faith in them not doing anything untoward with said money. However I really need to get down the point of is it or is it not legal to do it this way and if it is how can my agency refuse to pay?

Also they don't promise some 84% figure.

I'd someone can quote something making me think this process isn't legal then I will ofc 100% name names.

[northernladuk]

Didn't Darren Upton go to jail for something similar.

But question to the OP... You are comfortable for someone else to hold all your money and you having absolutely no control over it at all? Really? You'd be better giving it to me... And I really mean that lol...

So who is this provider?