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JSMC

  • Posts: 3511
employers all geared up for pension scheme
« on: January 02, 2016, 08:57:24 am »
Sure all the new regs kick in this month that all employers must now offer a pension scheme.

Will this be a big cost to employers?

8weekly

Re: employers all geared up for pension scheme
« Reply #1 on: January 02, 2016, 09:25:31 am »
I think it's next year for small businesses.

ascjim

Re: employers all geared up for pension scheme
« Reply #2 on: January 02, 2016, 10:00:23 am »
Yep, 2017 for me.

DaveG

  • Posts: 6348
Re: employers all geared up for pension scheme
« Reply #3 on: January 02, 2016, 02:22:12 pm »
Not me, my lad has just gone self employed  :)
You can't polish a turd

KS Cleaning

  • Posts: 4118
Re: employers all geared up for pension scheme
« Reply #4 on: January 02, 2016, 04:03:42 pm »
One of the biggest costs for me was going to be payroll costs, I get my accountant to do mine for me and there is gonna be a lot more work involved,  for this reason at the start of the new financial year I am gonna be paying my employee 4 weekly instead of weekly to keep these costs down.

JSMC

  • Posts: 3511
Re: employers all geared up for pension scheme
« Reply #5 on: January 02, 2016, 05:10:31 pm »
I thought it was this january.

Regarding having a self employed lad, he must have work of his own n be only working for you. The revenue dont allow this as you avoid employers NI and employee NI

Ian Lancaster

  • Posts: 2811
Re: employers all geared up for pension scheme
« Reply #6 on: January 02, 2016, 05:17:22 pm »
I thought it was this january.

Regarding having a self employed lad, he must have work of his own n be only working for you. The revenue dont allow this as you avoid employers NI and employee NI

There used to be all sorts of regulations about this but the revenue have simplified it in most cases by asking "Is your self employed contractor responsible for getting the work done if he is unable to do it himself for any reason?"

If the answer is yes, he is self employed.


dd

  • Posts: 2628
Re: employers all geared up for pension scheme
« Reply #7 on: January 02, 2016, 05:40:48 pm »
JSMC I am guessing from what you say that you do not employ, so what is the purpose of your post?

JSMC

  • Posts: 3511
Re: employers all geared up for pension scheme
« Reply #8 on: January 02, 2016, 06:02:09 pm »
Just general chit chat why?

DaveG

  • Posts: 6348
Re: employers all geared up for pension scheme
« Reply #9 on: January 02, 2016, 06:34:00 pm »
I thought it was this january.

Regarding having a self employed lad, he must have work of his own n be only working for you. The revenue dont allow this as you avoid employers NI and employee NI

Yes, he has his own work, around 10% of his total turnover at the moment.
You can't polish a turd

CleanClear

  • Posts: 15491
Re: employers all geared up for pension scheme
« Reply #10 on: January 02, 2016, 07:17:41 pm »
Sure all the new regs kick in this month that all employers must now offer a pension scheme.

Will this be a big cost to employers?

I've no idea about larger employers but for small business with one or two employees i don't think its the big panick. The main thing is to get registered if you are an employer. Even if your employee(s) is not going to qualify you still need to register if you are an employer. Effectivley the scheme will operate as a sole database of every employer. Employees below a certain age will not be eligible for the scheme, employees who earn less than a certain amount will not qualify for the scheme either. BUT and its an important BUT , the employer will still need to register.
 More info here, with links to follow through what you need to do if you employ.............
https://www.gov.uk/workplace-pensions-employers
*Status*--------Currently Online---------

dd

  • Posts: 2628
Re: employers all geared up for pension scheme
« Reply #11 on: January 02, 2016, 10:09:56 pm »
Just general chit chat why?
I guess i tend to focus on stuff that applys to me. I am interested in pensions as I pay in to one.

Smudger

  • Posts: 13459
Re: employers all geared up for pension scheme
« Reply #12 on: January 02, 2016, 10:47:49 pm »
I thought it was this january.

Regarding having a self employed lad, he must have work of his own n be only working for you. The revenue dont allow this as you avoid employers NI and employee NI


Hi Ian, this gives food for thought can you forward me where this is said?

There used to be all sorts of regulations about this but the revenue have simplified it in most cases by asking "Is your self employed contractor responsible for getting the work done if he is unable to do it himself for any reason?"

If the answer is yes, he is self employed.
Never argue with an idiot, they will only bring you down to their level, and beat you with experience

8weekly

Re: employers all geared up for pension scheme
« Reply #13 on: January 03, 2016, 08:56:31 am »
I thought it was this january.

Regarding having a self employed lad, he must have work of his own n be only working for you. The revenue dont allow this as you avoid employers NI and employee NI

There used to be all sorts of regulations about this but the revenue have simplified it in most cases by asking "Is your self employed contractor responsible for getting the work done if he is unable to do it himself for any reason?"

If the answer is yes, he is self employed.
Does this not apply for franchising?

Ian Lancaster

  • Posts: 2811
Re: employers all geared up for pension scheme
« Reply #14 on: January 03, 2016, 03:57:56 pm »
I thought it was this january.

Regarding having a self employed lad, he must have work of his own n be only working for you. The revenue dont allow this as you avoid employers NI and employee NI


Hi Ian, this gives food for thought can you forward me where this is said?

There used to be all sorts of regulations about this but the revenue have simplified it in most cases by asking "Is your self employed contractor responsible for getting the work done if he is unable to do it himself for any reason?"

If the answer is yes, he is self employed.

http://tools.hmrc.gov.uk/esi/investigate/ESI/en-GB/Attribute~complete~global~global/qs%24s40%40Interviews_screens_xint%24global%24global?user=guest

If the link works, follow through the questions

Ian Lancaster

  • Posts: 2811
Re: employers all geared up for pension scheme
« Reply #15 on: January 03, 2016, 04:00:34 pm »
I thought it was this january.

Regarding having a self employed lad, he must have work of his own n be only working for you. The revenue dont allow this as you avoid employers NI and employee NI

There used to be all sorts of regulations about this but the revenue have simplified it in most cases by asking "Is your self employed contractor responsible for getting the work done if he is unable to do it himself for any reason?"

If the answer is yes, he is self employed.
Does this not apply for franchising?

Yes.  Franchisees are self employed.  Ours are required to cover their work if they are off sick, on holiday for more than two weeks etc.

Spursboy1972

  • Posts: 679
Re: employers all geared up for pension scheme
« Reply #16 on: January 04, 2016, 12:47:03 pm »
the implementation of tension auto enrolment  is different for everyone. they will notify you as to when you have to start it.
Clear Vision~"The Difference is Clear"

Southampton- Hampshire

8weekly

Re: employers all geared up for pension scheme
« Reply #17 on: January 04, 2016, 03:58:16 pm »
I thought it was this january.

Regarding having a self employed lad, he must have work of his own n be only working for you. The revenue dont allow this as you avoid employers NI and employee NI

There used to be all sorts of regulations about this but the revenue have simplified it in most cases by asking "Is your self employed contractor responsible for getting the work done if he is unable to do it himself for any reason?"

If the answer is yes, he is self employed.
Does this not apply for franchising?

Yes.  Franchisees are self employed.  Ours are required to cover their work if they are off sick, on holiday for more than two weeks etc.
Yes, but you said the Revenue asked who was "responsible" for getting the work done. I assume Ian Lancaster Window Cleaning is responsible for getting the work done.  I realise it sounds as though I am being slightly pedantic, but as far as the customer is concerned the "contract" is with you.

If you think of an example of a plasterer on a building site, if he decides he no longer wants to do the work he has been hired for, it is the main contractor that needs to get a replacement, but no one would deny that the plasterer is self employed. My point is what you say is HMRC's position doesn't really make sense.

Ian Lancaster

  • Posts: 2811
Re: employers all geared up for pension scheme
« Reply #18 on: January 04, 2016, 06:58:04 pm »
I thought it was this january.

Regarding having a self employed lad, he must have work of his own n be only working for you. The revenue dont allow this as you avoid employers NI and employee NI

There used to be all sorts of regulations about this but the revenue have simplified it in most cases by asking "Is your self employed contractor responsible for getting the work done if he is unable to do it himself for any reason?"

If the answer is yes, he is self employed.
Does this not apply for franchising?

Yes.  Franchisees are self employed.  Ours are required to cover their work if they are off sick, on holiday for more than two weeks etc.
Yes, but you said the Revenue asked who was "responsible" for getting the work done. I assume Ian Lancaster Window Cleaning is responsible for getting the work done.  I realise it sounds as though I am being slightly pedantic, but as far as the customer is concerned the "contract" is with you.

If you think of an example of a plasterer on a building site, if he decides he no longer wants to do the work he has been hired for, it is the main contractor that needs to get a replacement, but no one would deny that the plasterer is self employed. My point is what you say is HMRC's position doesn't really make sense.

I'm afraid you're missing the point.  We are talking about whether someone who does work for us is self employed or not.  If he is self employed he is responsible for doing the work  under the terms of the Contract he has with us.  If he fails, we terminate his contract so as far as we are concerned he is no longer self employed within our organisation.

HMRC are concerned that it has to be clear whether this person is responsible for paying his own tax/NI etc, i.e. self employed.  When he ceases to have a business relationship with us, we don't give a monkey's whether he's self employed or not, the situation between him and us is clear and isn't voided by his departure.