Ok, at the moment, i work as an employed temporary worker, for a recruitment agency. :rant:

I am led to believe i would be better off being a sub- contractor for them + being self employed,as i could then claim my fuel + tool parts back then?

Does anyone know if this is correct? and if so, how do i go about it? :confused:

It would be better for the agency if you went self-employed as they would not have to pay your NI (you would have to) nor give you paid holidays etc...etc....etc.

 

Will they give you a higher hourly rate if you go self-employed? I bet they wont!

also depending on you job you may have to pay your own public liability insurance. Guy in my work has been stung by his agency for insurance from them until he proves he has his own so he is stuck with paying both. Having to work around the agencies admin/opening hours and his working day. My view of agencies is not a particulaly keen one.

I am self employed and it can work out well depending on your chosen proffession, but the grass is not always greener.....

 

Instead of claiming fuel, (where you have to show reciepts and offset private mileage) you are better claiming business mileage @ the current rate of 40p/mile.

 

Yes you can claim the cost of tools.

 

How many other temp workers who do what you do are self employed? If not many, there might be a reason why... and make sure you dont limit the number of agencys who will put you forward for work.

 

I am happy to discuss the pros + cons further if you want, but my first advice is talk to people who are doing what you do and are self employed for their take on the situation.

 

Steve

It all depends on what you want to gain from being self employed. you need to think about the hours you will work and if the extra money is worth it. I dont know about agencies but my dad and grand parents have their own garage and my old man goes to work at 6am to get the papers ready in the shop and then gets home about 7-8pm after cashing up and locking the workshop, i know it's not the same but the hours could be comparable

apart from V.A.T , tax returns , keeping suppliers paid on time, getting used to irregular income, it's great, you can knock off work early if things are quiet, work long hours when you're busy (but relish in the fact your not making money for your boss)

 

The one big thing to take into consideration is what kind of person you are. I wouldn't be the most motivated person, but when the work is there I get it done and get paid, and i'm on top of the world.

 

When things are quiet I tend to worry a lot but i'm getting better at it, starting to balance things out in my head a bit better.

I actually wish to stay working at the same place, just hoping to reduce my outgoings.

I only get 20 days hols a year...including bank hols :rant:

I actually wish to stay working at the same place, just hoping to reduce my outgoings.

I only get 20 days hols a year...including bank hols :rant:

 

That will only get worse self-employed, because when you dont work - you dont earn... so you tend to take less and less holiday.

Yes, but I want my £90 a week fuel bill to be cut + i can save my for holidays- he says optimisticaly.

Get in touch with http://www.brookson.co.uk and become a shareholder in your own limited company :) I did it for 2.5 years before I was made a permanent offer too good to turn down. They take care of everything for you and their fee of about £20ish a week is more than covered by the extra money you get from their, totally legal, tax dodge type thing.

I actually wish to stay working at the same place, just hoping to reduce my outgoings.

I only get 20 days hols a year...including bank hols :rant:

 

You sure about that, I thought that changed this year and you now have to get a minimum of 24 ... although that can include bank hols.

 

 

http://www.dti.gov.uk/employment/holidays/index.html

You sure about that, I thought that changed this year and you now have to get a minimum of 24 ... although that can include bank hols.

 

 

http://www.dti.gov.uk/employment/holidays/index.html

 

 

Sure did - beginning of October it was.

 

24 days minimum paid holiday now, inclusive of bank holidays, rising to 28 days next October.

 

Richard

You mention £90 a week fuel as your main pain....Someonw else mentioned 40p a mile. However, this is only for the first 10k miles. The rest, each financial year is, 25p a mile. This cost is offset against the income of the business (self employed) you work for so you can gain a little, but like has been said you've no security of the job, no holidays (paid) and admin (keeping accounts) is a pain in the ar$e but the benefits usually outweigh the negatives. However, Like most self employed status you also need to be aware of the IR35 tax rule in the case of employee status and working for the same firm beyond 2 years etc etc. Take a look at Professional Contractors group...More for consultants (i'm in IT) but sure they'll point you in the direction of a relevent body...These are worth signing up to, but again cost money!!