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> self employed
Guest_Guest_rowland_*
post May 8 2004, 05:09 PM




Could UK welder or someone tell me what is necessary these days to become a self employed welder.Do you still need a '715' etc to invioce a company or do you have to be a registered company? Thanks!
ukwelder
post May 8 2004, 07:00 PM
Joined: 15-Sep 02



Once upon a time all you had to do to become self employed was to simply
tell the Taxman that fact.

Now things are different with the introduction of IR35, which is a test to
see if you really are self employed or are in fact actually an employer
who is claiming to be self employed, when they are not.

To see if you will actually be accepted as being self employed click on
the link below.

http://www.inlandrevenue.gov.uk/pdfs/ir56.htm
Guest_Guest_rowland_*
post May 19 2004, 09:23 PM




Yes but what does an employer expect from you as proof of self emplyment.
as unless you trade as a company they will want to stop you tax.
What does an agency do for instance if you work through them?
If your a plumber say, doing work for jo public you get payed accordingly (cash chq etc)
So why cant you portray yourself as being self employed towards a company instead of them using and PAYING agencies.
UK, can you help on this!
ukwelder
post May 20 2004, 01:42 PM
Joined: 15-Sep 02



The reason companies will be reluctant to accept an individual as being
self employed, is that if you fail to pay the taxman, the taxman will
then hold the company responsible for your tax and NI. So they will
be considerably out of pocket.

This applies equally to agencies.

As far as we understand the situation these days, they will only accept
you as self employed if you become a limited company.

The problem with becoming a limited company is the extra paperwork and
the need to pay an accountant.

If you can get away with charging a higher rate for your services, then
it might be worth considering becoming limited. But you need to find
out what you could realistically charge and then go talk to an accountant.



arceye
post May 20 2004, 02:53 PM
Joined: 25-Nov 03



ROWLAND IF U WANT TO GO LTD COMPANY YOU CAN DO IT THROUGH VARIOUS MANAGEMENT COMPANIES LIKE WHAT I DO. THEY TAKE A WEEKLY FEE OF YOUR EARNINGS FOR ADMIN COSTS BUT YOU RECIEVE ALL THE PERKS OF A LTD COMPANY.HERE ARE A COUPLE OF NUMBERS AND IF YOU FONE THEM THEY WILL TELL YOU OVER THE FONE HOW BETTER OF YOU WILL BE, (BROOKSON 01925 232526) (GABEM 0870 7510581). GOOD LUCK!
Guest_ged todd_*
post May 20 2004, 07:26 PM




hi, go to your tax office and apply for a cis 4, buy an invoice book from wh smiths, about a fiver, then you can work for anyone , they deduct 18% and the rest is yours. the n.i. contributions will be billed to you from dhss but is only about 20 month. the beauty of this is you can haggle your hourly rate with employers but be realistic, the trouble with ltd coy umberellas is that they charge to much and they actually keep most of the deductable tax for themselves, two years ago i went through a ltd coy in gibralter who deducted 5% of gross and you got the rest , when i did my tax return online i was surprised to get back 535.00
this year i worked a few months through beaver and when i finished they sent me a p45 with only 13.00 payed to the tax office and they had kept the rest! but i still received 212.00 back from the tax office, to try and decypher their pay slips was also impossible.
W9Y
post May 20 2004, 07:57 PM
Joined: 9-Jan 04



In reply to the original post; plenty of well paid work. Regards.
Guest_Guest_springtec_*
post May 21 2004, 04:11 PM




..can anyone give me a (rough) idea, whats the qoute/per hr. in the UK for a self employed coded welder/tubefitter/boilermaker???
I am talking about jobs like the nuklear industries, titanium and alloys welding, SS tubing in cleanrooms and so on.
Thanks and a nice weekend
Fleet
post May 22 2004, 11:25 AM
Joined: 12-Jan 04



Lloyds Tsb will give you a free business start up pack that will tell you exactly wot you need and need to do to start your own company.... It's very clear and easy to follow.

Also they think you'll open an account in their bank so it' in their interest blah blah blah!
Harweld
post May 23 2004, 10:17 AM
Joined: 20-Jan 04



A good publication which is a must for anyone wishing to set up their own business is:- The No-Nonsense Guide to Government rules and regulations for setting up your business.
This can be obtained from a Business Link in your area or simply log on to:-

www.businesslink.org

This is 99 pages of excellent advice.

Hope this helps any of you to set up your own business.

If you live near North Manchester use this:- www.blnm.co.uk
Guest_Guest_springtec_*
post May 23 2004, 11:15 AM




but as a self employed coded welder, how much would you (roughly) asking a company per hr. ..
for example, a friend of mine, worked in the UK as free lance generator specialist, through a hire company for about 22.-p/h, plus had his taxes already paid by the company...and he thought, welders should get easy more? right??
thanks
Guest_Guest_Paul_*
post May 24 2004, 09:25 PM




Is your friend employing any welders? Good luck but you will not get anything like 22 pounds per hour, usually around ten percent more than PAYE if you are cis4.
Guest_Guest_pin_*
post May 27 2004, 04:13 PM




having been self employed for 12 years the cis 4 card is probably the best way .Most of my work is in the food ,pharma and beverage sector hourly rates vary from 13 to 18 ph all work is found word of mouth .Rates may sound good but there is littlle continuity of work.also most of the tax perks from years gone by have been stopped by gov and tax office.It has been a few years since i had a rebate but earnings have been top end however your tax claim is only as good as your accountant.
sooty
post May 29 2004, 02:43 PM
Joined: 6-Mar 04



i,ve been cis4 for about 12 years, had some good years as well as bad but overall i would,nt complain, anyway at my age no one will offer me a steady job,so it suits my self. the point being is that it,s not for every body. think before you jump,my opinion is steady is best.
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