Go for it! It’s another feather in the cap! Good luck! 
they will have a lot of upset people if they manage to change the ir35.
plus this more than 1 client thing I have mate who are site lads and some have worked for 1 company as a subby for years, why don’t they get done? some even drive the vans as though a full time employee.
personally its a good feather in your cap and I would give it a crack if money is ok.
calsdad:
All subject to approval in parliament but if it goes through we will have to stop claiming travel form the next tax year.
I don’t know why people are working themselves up into a lather over this. Unless you’re travelling to the other end of the country every day for work (in which case you’ve got far bigger issues to worry about) then knocking fuel allowance on the head is hardly going to make any difference. A lot of drivers seem to think that you can “claim back” the full amount so think that they will be thousands of pounds out of pocket if this goes ahead. It’s actually only tax relief on it, eg. 20% of it so on average you might be a couple of hundred quid worse off at the end of your tax year which, in the grand scheme of things is merely a drop in the ocean. Sure, it would be better in your pocket than Cameron’s but increasing your rates slightly would easily cancel it out. I have done the calculations already and for me personally so long as the FRVS exists (which pays the majority of the company CT bill) then I will still be significantly better off financially continuing to operate as a ltd co.
Carl
FRVS has started to worry me. I think the majority of us are claiming as a transport and road haulage company 10%. Nice little earner for what is 20 mins work a month.
But we are not really in Transport, we sell labour. Not really another category that fits apart from any other catch all at 12%. Labour only construction is 14.5%.
Keep meaning to call the HMRC advice line and play dumb and ask for a ruling.
Vat goes back 6 years, so a long term ltd driver could catch a fair bill if investigated and ruled against.
Anyone had a visit from the VAT man?.
calsdad:
CarlFRVS has started to worry me. I think the majority of us are claiming as a transport and road haulage company 10%. Nice little earner for what is 20 mins work a month.
But we are not really in Transport, we sell labour. Not really another category that fits apart from any other catch all at 12%. Labour only construction is 14.5%.
Keep meaning to call the HMRC advice line and play dumb and ask for a ruling.
Vat goes back 6 years, so a long term ltd driver could catch a fair bill if investigated and ruled against.
Anyone had a visit from the VAT man?.
Why would they be bothered? The VAT just gets passed down the line to the next person. I think you (and Conor) worry too much. He in particular seems to be under some strange impression that the VAT and tax offices have thousands of inspectors sat about all day doing nothing that they can send round to sort out these pesky one-man driver operations. The reality is that they haven’t got enough bodies to go after the multi-billion pound FTSE 100 companies that have somewhat questionable accounting practices who are avoiding paying millions in tax so there’s no chance of them going after SMEs unless you do something to put yourself on their radar. So long as you’re paying ‘some’ CT and some ‘VAT’ then they don’t care (all imho of course).
And yes I’m aware that the category doesn’t exactly match but there are loads of other trades that don’t have an exact match either and it’s generally accepted that you choose the closest one that matches. When I originally typed in truck driver (or whatever it was), ‘haulage and transport’ was the only one that appeared as a match so it’s near enough as far as I’m concerned. You ringing them up about it is just unnecessarily rocking the boat and bringing it to their attention. Never a good idea with the HMRC unless you have money burning a hole in your pocket. Most of them are so incompetent they struggle to get through each day without an instruction book and someone holding their hand. Crack on drive’.
I agree with Carl Usher regarding travel expenses. However, I am Limited for one reason and that is to limit my liability. As we are all responsible for everything nowadays, one bad incident could wipe my company out but not me personally.
And for all those clever boys out there, if I do have a major incident, I won’t do the job anymore, anyway!
Im not too bad as I do do the vat thing anymore but then I don’t do just driving though driving is the larger percentage of my work
Carl Usher:
calsdad:
CarlWhy would they be bothered? The VAT just gets passed down the line to the next person. I think you (and Conor) worry too much. He in particular seems to be under some strange impression that the VAT and tax offices have thousands of inspectors sat about all day doing nothing that they can send round to sort out these pesky one-man driver operations. The reality is that they haven’t got enough bodies to go after the multi-billion pound FTSE 100 companies that have somewhat questionable accounting practices who are avoiding paying millions in tax so there’s no chance of them going after SMEs unless you do something to put yourself on their radar. So long as you’re paying ‘some’ CT and some ‘VAT’ then they don’t care (all imho of course).
.
HMRC will always go for the low hanging fruit. The companies to which you refer have the ability to pay for top accountants to slug it out. A one-man-band truck driver has a £100 a year accountant who will run for the hills if challenged. What can OMB driver do if HMRC write to him and say “You are not really self employed… Here is a bill for the tax you owe us”?
It happened to me, fortunately the sums were fairly small, so it can happen to anyone.
calsdad:
But we are not really in Transport, we sell labour. Not really another category that fits apart from any other catch all at 12%.
52290 - Other transportation support activities
cracker-bar:
Rugby, which is 3 times further than my usual commute, although I was told they would be moving a truck to Kingsbury, which is a lot closer. Pay is £10.15 ph, but there are bonuses, and meal allowance, that bump it up a bit.
Sorry that’s a shocking rate for mainline fuel, but you will get PDP etc and some experience so not all bad, you could then go on to an agency a get a 50 % pay increase !
Their training is not as good as the hype but if fuel tanker work is your goal what have you to loose. Good luck .
cracker-bar:
They deliver for others, first 4 weeks is training, if the unit has a rear window blindside is a doddle, if it doesn’t, I’ll just close my eyes and hope for the best.
your not allowed a rear window on pet reg vehicles
Antique:
I agree with Carl Usher regarding travel expenses. However, I am Limited for one reason and that is to limit my liability. As we are all responsible for everything nowadays, one bad incident could wipe my company out but not me personally.
And for all those clever boys out there, if I do have a major incident, I won’t do the job anymore, anyway!
Thats my fall back position any sign of the tax man and the business account will be empty, earnings will stop. Cant pay a bill without any money. Company will fail to exist or file bankruptcy.
Really want to keep things straight to avoid this, only a last resort.
Stanley Knife:
calsdad:
But we are not really in Transport, we sell labour. Not really another category that fits apart from any other catch all at 12%.52290 - Other transportation support activities
Stanley, do you have reference for this. Can’t find any number codes on any of the HMRC FRVS stuff.
When i chose my classification it was an alphabetical list.
calsdad:
Stanley Knife:
calsdad:
But we are not really in Transport, we sell labour. Not really another category that fits apart from any other catch all at 12%.52290 - Other transportation support activities
Stanley, do you have reference for this. Can’t find any number codes on any of the HMRC FRVS stuff.
When i chose my classification it was an alphabetical list.
It’s because he’s quoting the SIC codes which are nothing to do with the FRVS business categories. For driving services it would either fall under “Transport or storage, including couriers, freight, removals and taxis” at 10% or “Any other activity not listed elsewhere” or “Business services not listed elsewhere”, both the latter attracting a 12% rate. As the category list is entitled “Type of Business” then the “Transport” part of “Transport or storage, including couriers, freight, removals and taxis” is by far the best fit. You are working in the transport business, driving a vehicle full of goods from A to B. The minor details don’t matter.
scrotumscratcher:
cracker-bar:
They deliver for others, first 4 weeks is training, if the unit has a rear window blindside is a doddle, if it doesn’t, I’ll just close my eyes and hope for the best.your not allowed a rear window on pet reg vehicles
Better tell BP ,Hoyer and the rest they all have rear windows !
jenka:
scrotumscratcher:
cracker-bar:
They deliver for others, first 4 weeks is training, if the unit has a rear window blindside is a doddle, if it doesn’t, I’ll just close my eyes and hope for the best.your not allowed a rear window on pet reg vehicles
Better tell BP ,Hoyer and the rest they all have rear windows !
thy must have changed the regs then , it used to be no rear windows ,earth return system, isolator switch in cab,rear of cab/engine enclosed,etc
Most have a rear window, but with a solid fitting, rather than the usual rubber.
Agree,get training out of Stobarts PDP etc …6 months jump ship as the pay rate is crap…agency work £ 16 plus P/h…then keep a good work record and bingo land yourself onto a good company.( not turnskis bonus orientated )
It’s Stobarts fxx up a good job again and again and again…then pull out fxx everybody… Company should carry an health warning…Friend… Go for it get PDP etc
6months later move on use them…for while with them you won’t get much if any respect for they are seen as the thin edge of the wedge
Rog270:
It’s Stobarts fxx up a good job again and again and again…then pull out fxx everybody… Company should carry an health warning…Friend… Go for it get PDP etc
6months later move on use them…for while with them you won’t get much if any respect for they are seen as the thin edge of the wedge
Don’t forget they will try and charge you for the training . I agree don’t expect much help from the other operators apart from Turners who are just as bad.