Opportunity to go self employed has arisen. Just driving not owner of unit.
Any advise on things like:
Accounts apps for receipts
Tax deductible items I can claim for.
Etc etc etc
Thanks
PNE:
Opportunity to go self employed has arisen. Just driving not owner of unit.Any advise on things like:
Accounts apps for receipts
Tax deductible items I can claim for.
Etc etc etc
Thanks
Self Employed Driver?
gov.uk/guidance/check-emplo … us-for-tax
Do HMRC agree that you are?
If they dont think you are, then you arent, and your other queries about allowances are irrelevant.
If it`s agency talking about umbrellas etc, then do a quick search of this site before telling them to…go away…
You should definitely go for it youll become immensely wealthy within 12 months or less, have a big flashy car to drive around in (all tax deductible of course). Im sure there will be several others along shortly with their testament of how successful and rich they`ve become since working as a self employed driver 
Avoid…
Don’t.
Bad idea.
You lose mo’ money.
Ask yourself why they want you to do this? Is it because they want you to excel and maximise your earnings or, they want to avoid paying your NI contributions, holiday pay and pension contributions? In doing so, save themselves a pile of cash which you will effectively give them.
Avoid.
Don’t.
Bad idea.
You lose mo’ money.
PNE:
Opportunity to go self employed has arisen. Just driving not owner of unit.Any advise on things like:
Accounts apps for receipts
Tax deductible items I can claim for.
Etc etc etc
Thanks
There are several tests that will decide whether you’d be truly self-employed.
Do you supply your own kit and equipment?
Do you have a number of different customers?
Do you have the ability to turn work down, or negotiate your bookings?
There are others, but I’ve only mentioned the ones that I got asked recently.
I’d advise you to check this carefully, including taking some proper advice from an accountant, even if you don’t intend to use one once you’re set up. 
Oooo…
I forgot.
Public liability insurance, make sure you’re covered. I’m confident if you rip the side out of a fridge trailer or something similar you’ve got insurance to cover all that kinda stuff right?
yourhavingalarf:
Oooo…I forgot.
Public liability insurance, make sure you’re covered. I’m confident if you rip the side out of a fridge trailer or something similar you’ve got insurance to cover all that kinda stuff right?
Whilst you do need PL insurance, it isn’t expensive about £90, the situation you refer to is covered by vehicle insurance. There’s a bloody big difference.
PNE:
Opportunity to go self employed has arisen. Just driving not owner of unit.Any advise on things like:
Accounts apps for receipts
Tax deductible items I can claim for.
Etc etc etc
Thanks
That’s fine till next April.
If your client is considered ‘small’ you can probably carry on being self employed provided your prepared to pay the tax bill if HMRC come knocking.
Otherwise all medium to large firms will classify you as a deemed employee, end of.
The Govt despite facing the worst financial situation ever, is, in its wisdom, effectively ‘banning’ contractors who largely supply labour. They are doing this by getting your clients to determine your tax status. Yep, that’s it.
So which client is going to take the risk of saying oooh no, Mr Bloggs/Singh/Mohammed Al trukadi etc is a contractor. None of them.
If they are small, yep the risk is on you.
Now if you are a bit of a dell boy, wealing and dealing but you do driving too, you may well pass the non-IR35 test. But it’ll be tight.
Make sure you know what your doing before you jump.
Sand Fisher:
PNE:
Opportunity to go self employed has arisen. Just driving not owner of unit.Any advise on things like:
Accounts apps for receipts
Tax deductible items I can claim for.
Etc etc etc
ThanksThat’s fine till next April.
If your client is considered ‘small’ you can probably carry on being self employed provided your prepared to pay the tax bill if HMRC come knocking.
Otherwise all medium to large firms will classify you as a deemed employee, end of.
The Govt despite facing the worst financial situation ever, is, in its wisdom, effectively ‘banning’ contractors who largely supply labour. They are doing this by getting your clients to determine your tax status. Yep, that’s it.
So which client is going to take the risk of saying oooh no, Mr Bloggs/Singh/Mohammed Al trukadi etc is a contractor. None of them.
If they are small, yep the risk is on you.
Now if you are a bit of a dell boy, wealing and dealing but you do driving too, you may well pass the non-IR35 test. But it’ll be tight.
Make sure you know what your doing before you jump.
I refer you to Mr Peirre:
peirre:
go for it you`ll become immensely wealthy within 12 months or less, have a big flashy car to drive around in
Franglais:
Sand Fisher:
PNE:
Opportunity to go self employed has arisen. Just driving not owner of unit.Any advise on things like:
Accounts apps for receipts
Tax deductible items I can claim for.
Etc etc etc
ThanksThat’s fine till next April.
If your client is considered ‘small’ you can probably carry on being self employed provided your prepared to pay the tax bill if HMRC come knocking.
Otherwise all medium to large firms will classify you as a deemed employee, end of.
The Govt despite facing the worst financial situation ever, is, in its wisdom, effectively ‘banning’ contractors who largely supply labour. They are doing this by getting your clients to determine your tax status. Yep, that’s it.
So which client is going to take the risk of saying oooh no, Mr Bloggs/Singh/Mohammed Al trukadi etc is a contractor. None of them.
If they are small, yep the risk is on you.
Now if you are a bit of a dell boy, wealing and dealing but you do driving too, you may well pass the non-IR35 test. But it’ll be tight.
Make sure you know what your doing before you jump.
I refer you to Mr Peirre:
peirre:
go for it you`ll become immensely wealthy within 12 months or less, have a big flashy car to drive around in
I put the del boy reference in since I have known a number of folk who work across different things and this guy may be one of them.
Fair point.
But would Del ( “Rodney, everything between you and I is split straight down the middle: 60-40.”) Boy be here asking or taking advice from us? 
IR35 is surely a matter for the employer or person trying to avoid paying the employee’s NI etc. Unless of course you are being a sole director of a company relying on taking dividends as a circuitous route to not paying taxes etc. Remembering those who have ‘enjoyed’ years of being a company on dividends to avoid paying NI etc reaped their rewards during covid when they were not able to be furloughed!!!
But certainly you’d want to know why they want you SE - yes its cheaper for them, as long as you get sufficient hourly / day rate over the employed person to compensate and that, according to many posts here, is a rarity.
There have probably been a few threads about this topic. Here is one that I contributed to in December 2019.
As I said, you would need to be prepared to be disciplined in keeping money aside throughout the year to pay the tax bill and to pay the accountant that you would likely need. I have only briefly been self-employed before, but handing money to the taxman feels a lot more painful when it has been in your account for a while.
Besides this, the the rates may not make you better off in the first place and the usual story would be that you have no say in setting the rates. Carefully do the calculations to find out if you would be better off, but all in all, avoiding the headache is probably better.
Almost certainly you are being offered this “opportunity” because it makes the entity that is offering you it better off and not necessarily you.
Franglais:
Fair point.But would Del ( “Rodney, everything between you and I is split straight down the middle: 60-40.”) Boy be here asking or taking advice from us?
Well he did go down the pub a lot and often said something akin to
"I’ve been talking with Micky Pearce and he says . . . . "
Acorn:
IR35 is surely a matter for the employer or person trying to avoid paying the employee’s NI etc. Unless of course you are being a sole director of a company relying on taking dividends as a circuitous route to not paying taxes etc. Remembering those who have ‘enjoyed’ years of being a company on dividends to avoid paying NI etc reaped their rewards during covid when they were not able to be furloughed!!!
But certainly you’d want to know why they want you SE - yes its cheaper for them, as long as you get sufficient hourly / day rate over the employed person to compensate and that, according to many posts here, is a rarity.
That’s not quite true. Co Directors if on the payroll could be furloughed.
The problem was many Co. Directors pay themselves minimum wage taking the rest in dividends to make up a slightly higher lifestyle. Of coure the dividend element isn’t in the normal RTI thus what they actually got as a director was a lot higher than what they got under PAYE. Hence the catch.
LTD drivers fall outside of IR35 if there is no “Mutuality Of Obligation”.
If a LTD driver has no obligation to accept work, and the employer has no obligation to offer work, then there is no MOO.
The OP neglected to tell us a little bit more about the details of this self employed opportunity, they’ve dangled the carrot in front of the group so we’re biting. Maybe they could tell us some more so we’re not guessing, and we can give more specific detailed answers, is it directly with a small haulier of working for an agency etc. How much more per hour over “on the books” rates are they being offered for the work
PNE:
Opportunity to go self employed has arisen. Just driving not owner of unit.Any advise on things like:
Accounts apps for receipts
Tax deductible items I can claim for.
Etc etc etc
Thanks
An Opportunity um, not for you that’s for certain. Driving there motor I don’t think so. AVOID you won’t be any better off
robthedog:
An Opportunity um, not for you that’s for certain.
^^^^ in a nutshell. End of argument.
Bear in mind that behind every “scheme” there’s a schemer!
This thread has put me off going LTD