Oh Dear: My old Comprehensive is now a Ltd, I wonder why ?

[SimonMac]

HMRC says that the UK-based employment agency through which the workers are supplied, or alternatively the end-user company, such as the school or local education authority, could be treated as the employer and therefore be liable for the unpaid National Insurance contributions.

Is this just lazy reporting or has something new happened which would cause this to be the case?

[milanbenes]

thought as much....

BBC News - State school teachers employed by tax-avoiding firm

Milan.

[DodgyAgent]

Afternoon All,

quick question....

the State School Comprehensive I went to is now a registered Ltd company, and still a State School Comprehensive, but it s Ltd company.

On top of this, comparing the list of Directors to the Teachers list on the school website, it looks like half of the teachers are Directors of the Ltd company.

I wonder why on earth they'd do that ? Organise the school like and and make half the teachers directors ?

I wonder if the teachers who are directors get dividends at the end of the year ?

What does the congregation think ? Surprised the newspapers haven't spotted this.

Milan.

Something clearly needed to be done

[fullyautomatix]

Afternoon All,

quick question....

the State School Comprehensive I went to is now a registered Ltd company, and still a State School Comprehensive, but it s Ltd company.

On top of this, comparing the list of Directors to the Teachers list on the school website, it looks like half of the teachers are Directors of the Ltd company.

I wonder why on earth they'd do that ? Organise the school like and and make half the teachers directors ?

I wonder if the teachers who are directors get dividends at the end of the year ?

What does the congregation think ? Surprised the newspapers haven't spotted this.

Milan.

You are asking us why they did this ?

To make money, that's why. Next !

[eek]

I wonder if the teachers who are directors get dividends at the end of the year ?

Milan.

You need to be a shareholder not a director to get dividends. I would have thought any contractor not stupid enough to be using an umbrella would know that.

Get back to tape changing.

[Sysman]

I can dig up the gory details if you want but don't go there as it makes internet RFC's look like page turning thrillers.

Quote of the day!

[eek]

Is this the first step to converting to an Academy?

(I don't know, it's just something someone could look up...)

Not the first step it will be an academy.

The school will consist of a charitable entity (not a charity managed by the charity commission) and a trading company (limited by Guarantee so no shareholders).

In theory the school's accounts (including the salaries of all staff governors) should be accessible on the school's website as director's remuneration should be publicly accessible and academy governors are directors of the company. They won't be but legally there should be there. (That bit is a DoE screw up which came to light last week and is really causing headaches as schools discover the fact and staff governors resign).

I can dig up the gory details if you want but don't go there as it makes internet RFC's look like page turning thrillers.

[BrilloPad]

What is this comprehensive thing? Is that where the oiks go? So like Harrow....

[milanbenes]

If they are shareholders they might.

There's money to be made running special needs schools.

less of it you cheeky cant

Milan.

[milanbenes]

Zeity,

it's on the side where the Dyke starts from, ie, not your side, infact about a mile from the start.

Milan.

[Doggy Styles]

I wonder if the teachers who are directors get dividends at the end of the year ?

If they are shareholders they might.

There's money to be made running special needs schools.

[cojak]

Is this the first step to converting to an Academy?

(I don't know, it's just something someone could look up...)

[milanbenes]

Afternoon All,

quick question....

the State School Comprehensive I went to is now a registered Ltd company, and still a State School Comprehensive, but it s Ltd company.

On top of this, comparing the list of Directors to the Teachers list on the school website, it looks like half of the teachers are Directors of the Ltd company.

I wonder why on earth they'd do that ? Organise the school like and and make half the teachers directors ?

I wonder if the teachers who are directors get dividends at the end of the year ?

What does the congregation think ? Surprised the newspapers haven't spotted this.

Milan.