Reply to: Limited or sole trader ?

[Archangel]

perhaps he is very good at rimming?

hmmm,

[Platypus]

acerimmer, how did you come up with your name?

Red Dwarf, isn't it?

[bogeyman]

It means that maybe we're all out of flame.

Ah!

I thought you we're implying I was an habitual flamer or something, and had run out of puff.

[Jog On]

What do you mean?

It means that maybe we're all out of flame.

[bogeyman]

Yes - it's almost as though the flaming has all been used up elsewhere

What do you mean?

[Jog On]

'twas a good, solid reply, bogey. Seems that 'noob flaming' is not the theme of the day.

Yes - it's almost as though the flaming has all been used up elsewhere

[Xenophon]

Clearly I have made a faux-pas by replying to Mr Acerimmer in a sensible and constructive fashion

'twas a good, solid reply, bogey. Seems that 'noob flaming' is not the theme of the day.

[HairyArsedBloke]

acerimmer, how did you come up with your name?

It was written on the box he was found in underneath a pool table in Liverpool.

It was a box for a iMMer . It’s made by Acer – it’s a clone of the iMac.

No, hang on, that was someone else.

[bogeyman]

Clearly I have made a faux-pas by replying to Mr Acerimmer in a sensible and constructive fashion

[Xenophon]

acerimmer, how did you come up with your name?

[VectraMan]

I'd use an autonomous collective, or possibly an anarcho-syndicalist commune.

[bogeyman]

You could try posting this in the Business section to get more informed responses.

If you're going through an agency, you need to be a Ltd. co (because of the Companies Act). Otherwise your 'employer' (I use the word advisedly) will be liable for your NICs and PAYE. You could be a temporary employee of an agency for this purpose.

If you work directly to the client, then you can be a sole trader, or in a partnership, but beware of being caught by IR35. Your client could still end up being liable for NI/PAYE if you cannot prove to HMRC's satisfaction that you are 'in business on your own account'. See innumerable IR35 articles passim.

Operating costs to a sole trader are generally lower than a ltd, but you don't have the tax-advantageous option of paying yourself dividends in lieu of drawings/salary.

If you're going to make any decent sort of living, you will probably exceed the VAT threshold anyway, so registration would be quite likely. VAT is pretty simple to deal with yourself if you have half a brain - you shouldn't need an accountant to do your VAT returns.

Anyone with more up-to-date/knowledgeable with the situation, please correct me if I'm talking balls.

[Pondlife]

Steady boys... steady... wait til you can see the whites of their eyes.

[Xenophon]

SNAFU

WHS

[DimPrawn]

Sounds like all the permies are bailing to become contractors due to redundancy, whilst all the contractors are looking at permie to weather the storm...

SNAFU