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By (user no longer on site) OP
over a year ago
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I'm doing supply teaching at the moment and this week my pay took a whopping step backwards... apparently its because I now have to pay the employee and employer NI contributions. I get paid through an Umbrella company (wasn't really given a choice at the agency) which maybe means I'm self employed?
I talked to a few people today but they only confused me more... does anyone know a magical way around it? |
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By (user no longer on site)
over a year ago
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Self employed you need to get an accountant sorted so you pay as little tax as you need to. Sad to say it but its legal and most people who are self employed offset legitimate or fairly legitimate expenses. |
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By (user no longer on site) OP
over a year ago
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"Umbrella companies are now caught under new tax rules that treat agency workers as employees now since 6th - hence national insurance deducted now "
So should they be paying it? Am I being swizzled? |
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By (user no longer on site)
over a year ago
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"Umbrella companies are now caught under new tax rules that treat agency workers as employees now since 6th - hence national insurance deducted now
So should they be paying it? Am I being swizzled?"
You pay employees NI and they pay employers NI |
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By (user no longer on site) OP
over a year ago
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"Self employed you need to get an accountant sorted so you pay as little tax as you need to. Sad to say it but its legal and most people who are self employed offset legitimate or fairly legitimate expenses. "
Reggie said I should ditch the ISS and go self employed so my tax is less... but that seems scary and full of paperwork. Damn government. |
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By (user no longer on site) OP
over a year ago
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"Umbrella companies are now caught under new tax rules that treat agency workers as employees now since 6th - hence national insurance deducted now
So should they be paying it? Am I being swizzled?
You pay employees NI and they pay employers NI "
Ok, thanks. They are making me pay for both at the minute which seems wrong! |
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By (user no longer on site) OP
over a year ago
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"I am registered with several agencies, a couple use the umbrella method but you can opt to be paye  "
So does the agency then have to pay the employers contribution? Sorry Im totally clueless about this stuff! |
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By (user no longer on site)
over a year ago
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"Umbrella companies are now caught under new tax rules that treat agency workers as employees now since 6th - hence national insurance deducted now
So should they be paying it? Am I being swizzled?
You pay employees NI and they pay employers NI
Ok, thanks. They are making me pay for both at the minute which seems wrong!"
Nawty ! |
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By (user no longer on site)
over a year ago
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"Self employed you need to get an accountant sorted so you pay as little tax as you need to. Sad to say it but its legal and most people who are self employed offset legitimate or fairly legitimate expenses.
Reggie said I should ditch the ISS and go self employed so my tax is less... but that seems scary and full of paperwork. Damn government."
If you get a good accountant you won't need to do any paperwork at all. I haven't done any in fifteen years; besides signing off what he's prepared for me. |
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"I am registered with several agencies, a couple use the umbrella method but you can opt to be paye
So does the agency then have to pay the employers contribution? Sorry Im totally clueless about this stuff!"
I get paid at a set rate per hour, all N.I. and Income tax is deducted accordingly. |
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