Arthur Daley Agencies - and an idea

I remember years ago looking through a book with a title like ‘Arthur Daley´s Guide to life’ or something, an attempt at a ‘funny’ spin off of the Minder TV series. In the book was an Arthur Daley list of company type´s that he would start to turn a quick buck. Things like secondhand car dealer, secondhand furniture, small bike courier co etc; all low barriers to entry, low start up costs and the chance to screw someone over. I can´t help but think that ´employment agency` would be on that list these days. My landlord (and letting agent would definately be on the list as well :unamused: ) was talking about it “oh yeah, I could start up an agency. All you need is an office and a laptop. Put ads for drivers on the web, get a suit on and go and sell it to Morrisons and the rest and you´re away.” This guy is a property shyster and a former accountant who doesn´t know a tachograph from Taco Belle, but if you work for an agency it seems there is a good chance you are working for someone like him. And judging by the number of agencies around he´s not the only one thinking like that; there must be at least 40 agencies in the Northampton area alone and, whilst some are good, I´m sure most are the Arthur Daley type.

It´s made me think about the possibility of cutting out these middle men, after all what value do they bring? My current agency gets me work, sure, but they seem completely incapable of administrating pay right and seem to have almost zero knowledge of hours rules or working practices. So what me and the client pay £2-£8 for every hour of my time is the agencies ´marketing`skills, and I suppose the other thing is cash flow, for me at the moment I count on getting paid a week in arrears whilst the agency probably expect to use 30-90 day billing.

I already operate as a limited co so in theory all I´d need to do is market myself as basically a one man agency, and have enough cash to accept monthly billing. Then the client and myself could split the saving between us. I can´t see that the big blue chips would go for it because they would need several drivers at once and would need a bigger ´pool` to draw from but the smaller operators might go for it. Another way would be for self employed/ltd co drivers to form a kind of collective and then nominate one of them to do the marketing and to be point of contact, then billing and of course the work would be dealt with between client and driver.

Any thoughts from anyone, especially self-employed drivers and small operators?

As it is Sunday I looked at some godbothering sites about what is the oldest question and found this :stuck_out_tongue:

The righteous do not suffer.
You are suffering.
Therefore, you are not righteous.

The Ultimate answer to Life, the Universe and Everything is… 42 :laughing:

some pillocks apply to agencies instead of getting a proper job.
when arthur daley types realise there are mugs about, they start trading.

limeyphil:
some pillocks apply to agencies instead of getting a proper job.
when arthur daley types realise there are mugs about, they start trading.

Eh ■■?

I CHOOSE to work for a VERY GOOD agency, who pay me far and away, better money than an employed driver, ive never been so busy, AND, Im off to Ibiza next week, Lanzarote in November, then Tenerife in January for a month :sunglasses: , who is the pillock ■■?

Im LTD, and flat rated VAT, far better off than being employed, and Ive just had my accounts back, which verify my decision :laughing:

AND, I get 40PPM, to travel to work, which is a nice £7800 in my sky rocket for the year TAX FREE :open_mouth:

you will find that the tax man will want a word very shortly. you can’t work solely for one firm without being absorbed into their paye system. LTD or not.
but that’s another story.
you work for an agency, and get £7800. why not work direct and get more money?
if the agency gets £10,000 for YOUR work, then pays you £7800 for that work, then that makes you a mug.
you’re doing all the work, after all. what do they do? [zb] all.

limeyphil:
you will find that the tax man will want a word very shortly. you can’t work solely for one firm without being absorbed into their paye system. LTD or not.
but that’s another story.
you work for an agency, and get £7800. why not work direct and get more money?
if the agency gets £10,000 for YOUR work, then pays you £7800 for that work, then that makes you a mug.
you’re doing all the work, after all. what do they do? [zb] all.

Do you want to get this one Stanley, or shall I? :laughing:

Biscuits:

limeyphil:
you will find that the tax man will want a word very shortly. you can’t work solely for one firm without being absorbed into their paye system. LTD or not.
but that’s another story.
you work for an agency, and get £7800. why not work direct and get more money?
if the agency gets £10,000 for YOUR work, then pays you £7800 for that work, then that makes you a mug.
you’re doing all the work, after all. what do they do? [zb] all.

Do you want to get this one Stanley, or shall I? :laughing:

I`ll let you do it :unamused: :unamused: :unamused: :unamused:

I`ve got a busy sunday ahead of me :laughing:

limeyphil:
you will find that the tax man will want a word very shortly. you can’t work solely for one firm without being absorbed into their paye system. LTD or not.
but that’s another story.
you work for an agency, and get £7800. why not work direct and get more money?
if the agency gets £10,000 for YOUR work, then pays you £7800 for that work, then that makes you a mug.
you’re doing all the work, after all. what do they do? [zb] all.

Phil. Id re-read stanleys post again, as the £7800 refers to the 40p per mile travelling allowance he receives for the 1st 10k miles, & 25ppm etc (ref tax form P87). Something directly *employed* drivers dont get

Stanley Mitchell:
I get 40PPM, to travel to work, which is a nice £7800 in my sky rocket for the year TAX FREE :open_mouth:

Stanley Mitchell:
I CHOOSE to work for a VERY GOOD agency, who pay me far and away, better money than an employed driver, ive never been so busy, AND, Im off to Ibiza next week, Lanzarote in November, then Tenerife in January for a month :sunglasses: , who is the pillock ■■?

Im LTD, and flat rated VAT, far better off than being employed, and Ive just had my accounts back, which verify my decision :laughing:

That is the reason why I too am ltd Co, VAT registered etc.

Oh and did I mention the additional income by not paying PAYE NIC`s etc too

I wont even mention at the next TN xmas do, the hotel, fuel, food & drink costs will be going on the company credit card, as ltd Cos are allowed to organise a works xmas party (inc hotel & hospitality) and put it thru the books, as a legitimate cost

Coat, Hat, taxi … to the airport please driver

Biscuits:

limeyphil:
you will find that the tax man will want a word very shortly. you can’t work solely for one firm without being absorbed into their paye system. LTD or not.
but that’s another story.
you work for an agency, and get £7800. why not work direct and get more money?
if the agency gets £10,000 for YOUR work, then pays you £7800 for that work, then that makes you a mug.
you’re doing all the work, after all. what do they do? [zb] all.

Do you want to get this one Stanley, or shall I? :laughing:

:smiley: :smiley: :smiley: :smiley: :smiley: :smiley: :smiley:

Just let me grab a coffee, I want to watch this.

Right, good to go. :wink:

Coffeeholic:
I want to watch this.

Me too …

Stanley Mitchell:

Biscuits:

limeyphil:
you will find that the tax man will want a word very shortly. you can’t work solely for one firm without being absorbed into their paye system. LTD or not.
but that’s another story.
you work for an agency, and get £7800. why not work direct and get more money?
if the agency gets £10,000 for YOUR work, then pays you £7800 for that work, then that makes you a mug.
you’re doing all the work, after all. what do they do? [zb] all.

Do you want to get this one Stanley, or shall I? :laughing:

I`ll let you do it :unamused: :unamused: :unamused: :unamused:

I`ve got a busy sunday ahead of me :laughing:

Me too, but I´ll give it a go;

There are rules to decide whether someone is a a defacto employee or a genuine sub-contractor. It´s called IR35 and drivers generally fall on the right side of it. My accountant (my sisters husband whom I´ve known for years) has owned his own practice for 15+ years and knows tax law back to front confirms this. To make extra safe and double sure I´ve made sure that I will work for more than one agency through the year.

It sounds like the 7.8K that Stanley is talking about is the mileage allowance that he is paying himself (I do the same). This means as well as his usual tax free allowance he gets an extra 150 pw TAX FREE. He could have pointed out that anything else he gets that is vaguely to do with with work (training courses, bacon butties on the road, T&D magazine, work clothes etc etc etc) he can claim off his tax bill as well.

Of course the agencies are making money off the drivers. So what!? Companies make money off their drivers if they´re PAYE employed as well! Usually more. That´s business, everyones making money off everyone else! It´s just a matter of finding what pays YOU the best (and in the most tax efficient way). What I´m doing is looking to reduce the cut I´m giving to the agencies if possible.

And you´ve been a great audience… :laughing:

And, the flat rated VAT, which I get half of :open_mouth: , there is a god after all :laughing:

It does help to work “with” good agencies, I work with 3 / 4 who are decent to work “with”, so that keeps HMRC off the scent, i work with ONE for most of the year, as his rates are far higher, he pays me the following week without fail, he gives me my next job by text, and he likes his football, not too much to ask for really.
I also find it easier to work with agencies than “direct”, the work is organised for me, and, there are NO tantrums when I swan off to the Canaries, I also get paid quicker than working for “Eddie DHL” direct.
So, Limeyphil, who is the Idiot ■■?/
My take home was far higher being a “Director” of my own company than being a “driver” for someone else :wink:
I`m off to BMW this afternoon, they have a nice “3” series on the forecourt, 59 plate in white, Nice… :laughing: