Loan

[Beefy198]

He should tell anyone that he is fully paid under PAYE like any other full-time employee in this country.

Furthermore, he should ask his brolly for a letter proving his earnings and how many weeks of the year he's worked. If they try and charge him to produce this, tell them to stuff themselves.

[expat]

i would tend to agree but aparently the bank doesnt.

i had the same issue tryint go remortgage last year - the bank didnt care that i was an "employee" of the payroll company, they just said i was a contractor.

I've had the same: in their definition, you're a self-employed contractor, and they don't want anybody else's definition; indeed they start to get ratty if you point out that HMRC is quite clear about your status and it's not self-employed.

[NetwkSupport]

Originally Posted by foritisme
If you are serious, they he is not a contractor but an employer of the umbrella company.

Correct, but employee not employer.

If he works through an Umbrella he's every bit as employed as any other employee so it shouldn't be an issue that he's a contractor.

i would tend to agree but aparently the bank doesnt.

i had the same issue tryint go remortgage last year - the bank didnt care that i was an "employee" of the payroll company, they just said i was a contractor.

[Alf W]

www.PayDayLoan.co.uk

Reassuringly expensive!

[TykeMerc]

If you are serious, they he is not a contractor but an employer of the umbrella company.

Correct, but employee not employer.

If he works through an Umbrella he's every bit as employed as any other employee so it shouldn't be an issue that he's a contractor.

[foritisme]

its for a mate, he is using an umbrella so no go with the company director thing...

If you are serious, they he is not a contractor but an employer of the umbrella company.

[Bagpuss]

I say that when I order the delux blowup doll.

What psi do you use?

Milan

[NetwkSupport]

no seriously its not for me!!

[DimPrawn]

its for a mate, he is using an umbrella so no go with the company director thing...

I say that when I order the delux blowup doll.

[NetwkSupport]

its for a mate, he is using an umbrella so no go with the company director thing...

[moorfield]

When I tell loan companies I'm a Full Time Employed Company Director they can't lend me money quick enough. Otherwise try Zopa.

[DimPrawn]

Big Ron has a place near the nightclub. Instant cash, pay back every week.

Sorteeeeed.

[NetwkSupport]

Can anyone recommend a company to get a loan from, most companies wont touch you if you a contractor?