Reaultman wrote:
I advised him to fight it, I think the case itself was perfectly fightable it was whatever else that may come up, he was a bit afraid of. Very expensive fear mind
That’s understandable when the weight of HMRC comes to bare, but also a shame.
HMRC’s track record of success in court in these cases is less than 2% yet they still use the threat because the majority of people will fold and settle rather than risk a case going against them and that helps fill the black hole.
I’ve just found out from my customer that H.M.R.C now want to re-interview them with their accountant present on 15th September.
This time they will be interviewed by the the person who I had my interview with and someone else who I’ve not come across yet.
So to date there are at least 5 different employees of H.M.R.C involved and 3 interviews yet nobody can yet tell me one way or another - they efficiency is breath taking - I wonder how long it would’ve taken if they were deciding if I owed them money or not 
yes it canbe done as long as you have a second stream of income to the business and you need a contract if you only work that customer.
Well after all the waiting I’ve got the results of the investigation
I’m officially self employed
After visiting my customer and interviewing them for a second time they just entered 12 questions and answers into a computer and it told them the result, Why they couldn’t have done this on the first day I dont know 
Now I’ve just got to do my self assessment by 31st October 
Jonah 1:
Well after all the waiting I’ve got the results of the investigationI’m officially self employed
After visiting my customer and interviewing them for a second time they just entered 12 questions and answers into a computer and it told them the result, Why they couldn’t have done this on the first day I dont know
Now I’ve just got to do my self assessment by 31st October
Great news, welcome aboard
There’s some useful info here, but I’ve got some questions of a similar nature
Being connected to the construction industry I feel that my job is potentially fragile and that there is a chance I may find myself looking for work. Im quite well known (not quite notorious 
) at a number of places who will not hire an agency to cover their own drivers shortages, instead they usually park the wagon and hire another vehicle and driver (ie. me) to do their work.
This is only because they want someone with plant skills rather than reluctance to get someone in.
I know of one guy who used to be self employed doing the rounds and wonder what would be involved if I were to pursue the same route. Lets just say that I’ve left PAYE and have lined up 1 week at ABC plant followed by 2 weeks at XYZ Transport. What steps would I have to take regarding tax? would I need an accountant or bookeeper or is it something I could do myself. I used to manage a small business controlling everything but wages so I’m not phased by numbers.
definative answer as im just changing
one of the bullet points the hmrc use is if you have your own veihcle and insurance ie hire and reward. as a courier I was classed as a soletrader asvi could have gone and done a job with the van on my own insurance.
now having sold the van im having to go ltd as I now donot meet the criteria for selfemployed status
hope that helPs clear thngs up a bit
alix776:
I was classed as a soletrader asvi could have gone and done a job with the van on my own insurance.
Something wrong here,you think the wife don’t see you posting on the forums mate
work need to do,In the breaks is your own time work time is my time watch out 
8wheels wrote:
What steps would I have to take regarding tax?
pretty simple, you need to register with HMRC within 3 months of starting self-employment. can be done online at https://online.hmrc.gov.uk/shortforms/form/CWF1ST?dept-name=CWF1&sub-dept-name=&location=40&origin=http://www.hmrc.gov.uk
You’ll need to do your basic bookkeeping:
invoicing, credit control, tracking expenditure, maintaining reciepts, etc
But if your happy to do that you’d only need an accountant to do your annual tax return.
Your Tax & NIC will be based on your annual profits (Turnover minus costs) and is worked out as follows:
You’ll pay 2 types of National Insurance:
Income tax is currently
£0-£6035 @ 0%
Next £34,800 @ 20%
Over £34,800@ 40%
At the end of your trading year your accountant submits everything on your personal tax return and you will need to pay the Class 4 NIC and Income tax the following January.
i.e. Trading year upto April 2009
Tax Return - submit by 30 September 2009
Payment due 31 Jan 2010
From your 2nd year on HMRC will ask you to make a payment on account every July. Using the example above your payment on account will be in July 2010 and will be 50% of your previous tax bill. Then in Jan 2011 you just pay whatever is left outstanding.
Something else to consider is if you want to VAT register. Usefull If you have a lot of VAT outgoings or if you don’t you might consider the flat rate VAT scheme.
Hope this helps
Lonners
OK Lonners thanks for the heads up, looks like it’d be pretty straighforward then.
Lets just hope i’ll not need to put it to practice.
8wheels:
OK Lonners thanks for the heads up, looks like it’d be pretty straighforward then.
You do need to make sure you don’t get in trouble about your status though - it’s not just a matter of doing the tax/NI as though your self-employed, HMRC actually have to believe you are.
This hmrc.gov.uk/employment-status/index.htm#1 is probably the list of 12 questions as mentioned above.
hmrc.gov.uk/leaflets/es-fs1.pdf
Lets just hope i’ll not need to put it to practice.
I do hope not - I like reading your blog…