employing people and tax question


G

gamesburn

hi,
i am thinking of employing a person for 40 to 50 pounds a day. i would
like to know:
1. how much i give to government to employ the person?
2. if i employed the person as a self employed contractor, how much
then would i give to the government?

thanks for ur help inadvance
anthony
 
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D

DoobieDo

hi,
i am thinking of employing a person for 40 to 50 pounds a day. i would
like to know:
1. how much i give to government to employ the person?
2. if i employed the person as a self employed contractor, how much
then would i give to the government?

thanks for ur help inadvance
anthony
uk.business.payroll is next door --------->
 
P

Peter Saxton

hi,
i am thinking of employing a person for 40 to 50 pounds a day. i would
like to know:
1. how much i give to government to employ the person?
2. if i employed the person as a self employed contractor, how much
then would i give to the government?

thanks for ur help inadvance
anthony
Depends on how many days. You would pay employers NIC if you employ
someone. You wouldn't pay anything if they were self-employed.

Which you should do depends on the nature of the relationship.
 
G

gamesburn

thanks for the information provided,
i would be employing the person for 4 days a month(7/8 hrs a day)
initially, then gradually extending the business to employ the person
five days a week, four weeks a month

anthony
 
P

Peter Saxton

thanks for the information provided,
i would be employing the person for 4 days a month(7/8 hrs a day)
initially, then gradually extending the business to employ the person
five days a week, four weeks a month

anthony
Employer's NIC is as follows:

Up to £94 per week 0%
£94 to £630per week 11%
Over £630 1%
 
P

Peter Saxton

Employer's NIC is as follows:

Up to £94 per week 0%
£94 to £630per week 11%
Over £630 1%
Sorry, that's employees!

Employers NIC is

0% on first £94 and 12.8% on remainder!
 
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G

gamesburn

thanks for replying again Peter. Actually the employee NIC information
was of great help to me also in costing everything out.


anthony
 
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D

Doug Ramage

Peter Saxton said:
Sorry, that's employees!

Employers NIC is

0% on first £94 and 12.8% on remainder!
But paying the employee monthly (for his 4 days) is likely to ensure that no
NI is payable.
 

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