Re: FN-FORUM: Legal gubbins you need to follos when employing contractors

date posted 23rd November 2007 11:52


Subject: Re: FN-FORUM: Legal gubbins you need to follos when employing
contractors


>
> On Fri, Nov 23, 2007 at 12:04:31PM -0000, steve wilson wrote:
>>
>> Im looking to do exactly the same thing at some point. As far as I know
>> so far, it would be a good idea to have a contractor to use an umbrella
>> company to cover yourself against any unpaid taxes by the contractor
>> (There will be new legislation coming in February. Im not sure the exact
>> details, so it may be worth going to the IR site). Also, I was told the
>> best thing to do is do a monthly contract. That way you are not tied
>> into a long term agreement. This might be wrong, but this is what I was
>> told.
>
> Even better employ him to do X, Y, Z. Then the relationship is even
> clearer.
> If he does some of it at his home even better.
>
> Doesn't really matter if he is not a ltd company, just get a letter from
> his accountant saying that he is schedule D.
>
>> If you find any good links to info or good advice from anyone, would it
>> be possible to send me a link.
>>
>> Good luck
>>
>> Steve
>>
>>
>> Benjamin Nolan wrote:
>> >Hiya,
>> >
>> >I need to employ a contractor to do some design work for a site I'm
>> >working on, and I'm trying to make sure I'm following all the rules
>> >and not doing anything stupid before I actually start signing
>> >anything/paying anyone.
>> >
>> >Does the person I'm employing have to be working as an incorporated
>> >entity (company w/ sole employee kind of thing), or can I pay them
>> >directly? Do they need to use an umbrella service? These might be
>> >obvious questions, but I've never been a contractor myself, and my
>> >business has only recently started trading - this is the first time
>> >we've needed to sub-contract anything.
>> >
>> >Thanks,
>> >
>> >Ben.
>> >

For a different persepective on it. I actually contract for a couple of
larger firms based at my home office. I have a fixed hourly rate and simply
invoice for the hours I do, keeps it fairly simple and doesn't lock anyone
into anything.

I'd be interested in knowing what kind of insurance these companies require
for outsourcing work to me?

Cheers
Marty


>> >
>>
>>
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>>
> --
> Freelancers, contractors earn more with Prosperity4
> Call 0870 870 4414 or visit www.prosperity4.com
> and benefit from Inland Revenue approved expenses today.
>
> To advertise here: http://www.freelancers.net/advertising.html
>
>