I'm registered self employed but am currently only working for one company, regular hours, no uniform, petrol/food paid for and cover can be arranged if needed.
The problem is HMRC require you to work for more than one company or else you should be PAYE.
Does anyone know how many days/companies a self employed person needs to do/work for to remain self employed as the HMRC don't state specific numbers.
Even if you get other work but your main job remains for this first company then you should be both employed by the first company and self employed. But I know many that stay self employed and as long as you and the company are happy to carry on the arrangement and HMRC don't find out (don't tell ANYONE) then good luck.
I worked like that for one year then the company accountant advised that I should become an employee. Two years later HMRC came looking on a different matter and now accountant gets big Christmas presents every year!
(Hope I dont get told off for mentioning the "C" word to early!!)
If you worked over a year in this way but haven't supplied any of your own kit, car, body armour, dog, etc then you can be assessed as employed. Helps if they unfairly dismiss you. As most do on a whim. Check with a union to see.
If you work for at least one other company for a few days in the year you shoudl be ok, have look at the HMRC web site and there is is lots of info.
If the same rules apply as the building trade ask your mates to invoice you and you invoice them for a couple of months.Thats how we got over it we also bought each others vans etc (reciepts only) just to drop the taxs a bit. Totaly illegal but gets people out of the sh1t.
Register yourself as a sole trader, pay your own self employment stamp and then state you do contract work, doesn't matter if you work for one company or several, provided you supply the company with an invoice.
if you can show that you have financial risk i think you should be ok
best to be safe than sorry tho
Can someone please direct me to the piece of Law or the HMRC Directive which clearly states that in order to meet the conditions for self-employment one has to have more than one client...