The Book-keepers Forum (BKF)
The Book-keepers Forum (UK) -> General Book-keeping & Accounting -> self employed client
Post Info TOPIC: self employed client
jazzyjeff


Member

Status: Offline
Posts: 19
Date:
self employed client
Permalink Closed

Hi guys,

I have a possible client...I am qualified to do the book for sole traders, but do self employed people come under this.  This client is a self employed car sales and repairs person for a car company??!!

Thankyou in advance.

Jazzyjeff



__________________
Peasie


Expert

Status: Offline
Posts: 1707
Date:
Permalink Closed

If it's the books of the person and not the car company then yes you are allowed to do them.

__________________

Never buy black socks from a normal shop. They shaft you every time.

http://www.smbps.co.uk/
jazzyjeff


Member

Status: Offline
Posts: 19
Date:
Permalink Closed

Ok thankyou...just wanted to make sure!

jazzyjeff

__________________
jazzyjeff


Member

Status: Offline
Posts: 19
Date:
Permalink Closed

Another question regarding this topic...Can he have expenses to deduct like  a sole trader would?

jazzyjeff

__________________
ADAS


Guru

Status: Offline
Posts: 827
Date:
Permalink Closed

Jeff,

A sole trader is often the type of business form a self employed person would use if they are working on their own. Apologies if I'm misunderstanding you but you seem to be confusing the two.

So yes, a self employed person would have expenses they can deduct from profits.



-- Edited by ADAS on Tuesday 1st of February 2011 04:59:45 PM

__________________
Tony

Responses are intended as outline only. Formal advice should be sort from your Institutes Technical Department or a suitably qualified Accountant.
.
jazzyjeff


Member

Status: Offline
Posts: 19
Date:
Permalink Closed

No this person is self employed but has an employer ie. he works for a garage so not quite a sole trader.

jazzyjeff

__________________
Rhianrach


Expert

Status: Offline
Posts: 1609
Date:
Permalink Closed

Does he get paid a wage or does he invoice his work out ?

__________________
Steve
gbm


Guru

Status: Offline
Posts: 896
Date:
Permalink Closed

jazzyjeff wrote:

No this person is self employed but has an employer ie. he works for a garage so not quite a sole trader.

jazzyjeff


I think you're trying to say that he is self employed, but he only works for one 'customer' - the garage.

If so, he would have to demonstrate that he is genuinely self employed, rather than just an employee who is called self employed.  I presume you appreciate the difference between employment and self employment.

If he is genuinely self employed, then yes he can claim expenses, such as tools, overalls, insurance, and perhaps a small amount of motor expenses and telephone.  NB presume his 'place of work' is the garage, in which case travel from home to the garage is private.

 HTH



-- Edited by gbm on Tuesday 1st of February 2011 07:33:00 PM

__________________

 

Regards,
Nick

Website: www.gbmaccounts.co.uk
Twitter

Factsheet | Starting a Business

 
jazzyjeff


Member

Status: Offline
Posts: 19
Date:
Permalink Closed

Steve, he invoices his work.

jazzyjeff 

__________________
HendyPhilhendy


Guru

Status: Offline
Posts: 518
Date:
Permalink Closed

jazzyjeff wrote:

Steve, he invoices his work.

jazzyjeff


I think the point being made by Nick is 'should he be invoicing the work'. If HMRC were to deem the individual to be an employee there could be penalties and back taxes to pay.

I can't seem to find it on the HMRC site at the moment but there is a calculator to check the situation.

 



__________________

Phil Hendy, The Accountancy Mentor

Are you thinking of setting up your own practice or have you set up and need some help?

If so a mentor may be the way forward - feel free to get in touch and see how I can assist you. 

 
ADAS


Guru

Status: Offline
Posts: 827
Date:
Permalink Closed


Could it be this one.

http://www.hmrc.gov.uk/calcs/esi.htm


__________________
Tony

Responses are intended as outline only. Formal advice should be sort from your Institutes Technical Department or a suitably qualified Accountant.
.
Rhianrach


Expert

Status: Offline
Posts: 1609
Date:
Permalink Closed

I've come across self employed people only once and they worked the same hours at the same place and handed an invoice over weekly for hours worked however the accountant warned them that if they do that for long enough they could end up being classed as employed. Don't really know if this is right or not but it might be worth looking at.

__________________
Steve
cheapaccounting


Veteran Member

Status: Offline
Posts: 93
Date:
Permalink Closed

Have a read of my blog on this ....

Freelancers are the key to growth in 2011 but BEWARE is that really a freelancer in your business?

at

http://www.cheapaccounting.co.uk/blog/?p=1355

The key is how HMRC see the role not how the person sees it!

Hope this helps.

__________________
www.CheapAccounting.co.uk
Rhianrach


Expert

Status: Offline
Posts: 1609
Date:
Permalink Closed

cheapaccounting wrote:

Have a read of my blog on this ....

Freelancers are the key to growth in 2011 but BEWARE is that really a freelancer in your business?

at

http://www.cheapaccounting.co.uk/blog/?p=1355

The key is how HMRC see the role not how the person sees it!

Hope this helps.


Thats an interesting read because they pretty much fell into the employed category which could be why they were warned.

 



__________________
Steve
cheapaccounting


Veteran Member

Status: Offline
Posts: 93
Date:
Permalink Closed

well I think that the warning was valid then biggrinbiggrin


__________________
www.CheapAccounting.co.uk
Page 1 of 1  sorted by
 
Quick Reply

Please log in to post quick replies.
The Book-keepers Forum (UK) -> General Book-keeping & Accounting -> self employed client
Tweet this page Post to Digg Post to Del.icio.us
Members Login
Username 
 
Password 
    Remember Me  
©2007-2024 The Book-keepers Forum (BKF). All Rights Reserved. The Book-keepers Forum (BKF) is a trading division of Bookcert Ltd. Registered in England Company Number 05782923. 2 Laurel House, 1 Station Rd, Worle, Weston-super-Mare, North Somerset, BS22 6AR, United Kingdom. The Book-keepers Forum and BKF are trademarks of Bookcert Ltd. This forum is a discussion forum only. There will usually be more than one opinion to any question and any posting should not be viewed as a definitive solution. No responsibility for loss occasioned to any person acting or refraining from action as a result of any posting on this site is accepted by the contributors or The Book-keepers Forum. In all cases, appropriate professional advice should be sought before making a decision. We reserve the right to remove any postings which are offensive, libellous, self-promoting or engaged in covert marketing. We will not notify users of removals. The views expressed in the forum posts are those of the individual and do not necessary reflect or agree with those of The Book-keepers Forum. Any offensive or unsuitable posts will be removed by the moderators. Any reader of this forum can request for a post to be looked into by sending an email to: bookcertltd@gmail.com.

Privacy & Cookie Policy  About