Terry T:
Personally I can’t wait for her madge’s henchmen to close all this down. It’s been a scam since the get go and done nothing but harm to our industry.The biggest harm coming in the form of depressed wages as clueless drivers think getting a quid an hour on top of PAYE makes them better off.
I don’t know how many times the authorities have to say unless you have your own truck you’re not self employed yet still the agencies are touting this nonsense and every week a new thread on how to set up LTD or Umbrella.
You must be nuts getting into all this now.
I have seen posts on Facebook (so I have no idea if its true) of LTD drivers earning £35-40k. Nothing special there when you factor in the loss of holidays etc. However they then claim to only pay £1-2k tax a year at most. All down to the “expenses” of running the business. If this is correct then that 35-40 is now worth more like 43-50k on paye. Suddenly the quid an hour seems worth it.
Until of course the taxman questions these “expenses”