Finacially worth it - assistants
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  1. #21
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    Default Re: Finacially worth it - assistants

    Quote Originally Posted by manjay View Post
    Just read this thread to hubby and he agrees with what you are saying(he used to be a small business advisor) He says in his line of work he has to take on jobs from more than one company. If he were just to sub contract to 1 company he would then be deemed as employed and not self employed.
    I was just reading the HMRC website and it appears it could be different rules as its on domestic premises. Will look into properly when the time comes for an assisstant.

  2. #22
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    Default Re: Finacially worth it - assistants

    Quote Originally Posted by FizzysFriends View Post
    I was just reading the HMRC website and it appears it could be different rules as its on domestic premises. Will look into properly when the time comes for an assisstant.
    OK

  3. #23
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    Default Re: Finacially worth it - assistants

    I rang the tax office the other day to see where I would stand if hubby was to become my assistant, as I wanted to be clear after reading what someone else posted in another thread about the £95? The lady said that an assistant could be self employed as long as they agreed to this and it was up to me to decide on the route to take. I asked her this twice to clarify I had understood it right.

  4. #24
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    Default Re: Finacially worth it - assistants

    Quote Originally Posted by jeanybeany View Post
    I rang the tax office the other day to see where I would stand if hubby was to become my assistant, as I wanted to be clear after reading what someone else posted in another thread about the £95? The lady said that an assistant could be self employed as long as they agreed to this and it was up to me to decide on the route to take. I asked her this twice to clarify I had understood it right.



    Hi there. My husband has been registered as my assistant for years but I don't pay him

    I'm afraid I think you may have been given the wrong advise. It may be different for a husband and wife/partener team but even if you work with another unrelated reg childmider in the same house you have to be very careful.

  5. #25
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    Default Re: Finacially worth it - assistants

    Quote Originally Posted by rickysmiths View Post
    Hi there. My husband has been registered as my assistant for years but I don't pay him

    I'm afraid I think you may have been given the wrong advise. It may be different for a husband and wife/partener team but even if you work with another unrelated reg childmider in the same house you have to be very careful.
    I know! This is why I rang, I explained the situation as it would be and that is what she told me more than once and she should know after all! Anyway before and if we go ahead I will ring the tax office again to clarify and will ask my friends hubby as he is an accountant so he should know. Any way my hubby says I don't have to pay him, which is fine by me! The lady was pretty persistant though that he could register as self employed, I can only go off the information I was told.

  6. #26
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    Default Re: Finacially worth it - assistants

    Quote Originally Posted by jeanybeany View Post
    I know! This is why I rang, I explained the situation as it would be and that is what she told me more than once and she should know after all! Anyway before and if we go ahead I will ring the tax office again to clarify and will ask my friends hubby as he is an accountant so he should know. Any way my hubby says I don't have to pay him, which is fine by me! The lady was pretty persistant though that he could register as self employed, I can only go off the information I was told.


    Its hard isn't it. It was my accountant, who sepcialises in Self Employed that told me all the info.

  7. #27
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    Default Re: Finacially worth it - assistants

    It is upto you to decide the correct route for payment, there are simple rules to work it out and according the HMRC its not to do with amount you pay them its to do with their role within the company. But if you are unsure you can give the details to the HMRC and they will put it in writing as to what they think you should do and this would help if you are ever pulled up on it because if you pay as self emplyed and they audit you and decide you are wrong they will back date the tax and nics and add interest.

  8. #28
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    Default Re: Finacially worth it - assistants

    Quote Originally Posted by FizzysFriends View Post
    It is upto you to decide the correct route for payment, there are simple rules to work it out and according the HMRC its not to do with amount you pay them its to do with their role within the company. But if you are unsure you can give the details to the HMRC and they will put it in writing as to what they think you should do and this would help if you are ever pulled up on it because if you pay as self emplyed and they audit you and decide you are wrong they will back date the tax and nics and add interest.
    Thanks for the info, sounds like what I was told by them!

  9. #29
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    Default Re: Finacially worth it - assistants

    Reading this just made me remember a conversation with my accountant friend.

    She said the same thing as one of the others, that if reg as self employed, then they have to work for others as well.

    I'm still looking into it, as I felt really guilty about giving notice to a couple of kids.

 

 
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