kcrussell25:
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”
Oooh please let me know who these companies are because they don’t seem to exist in Scotland! Up here if you maxed it out (but you need time for domestic/health stuff) I’d say 25-30k more like it and that is if you work weekends all the time.