They work for a bounty. So they'll lob you every CV that lands on the main job boards that says 'accountant' or 'tax' and if you interview and recruit they get £5-10k.
I've paid for access to the reed.co.uk CV board and you can see what they are doing as all new CV's appearing with my search criteria were sent to me by the recruiter within an hour. They don't make any more effort than that as far as I can tell.
My basic workings says that if you decide to keep 2 people on the payroll and job share i.e. 50% of their normal hours each. The cost to the employer will be an extra 33%.
I presume there are extra costs in repect of NIC/Pension but have excluded this.
I think the key job of a payroll clerk is to make this clear to avoid timewasters.
If a sole trader doesn't repay their bounce back loan then they presumably risk their personal assets.
Those with Ltd Companies - I have spoken to a bank who seem to think that the government will expect them to jump through hoops first to collect the loan before relying on the guarantee. Presumably this means enforcing the DLA?
I have now signed up the husband as a client. All PII and engagement letter is in place
He has employment income £20k per annum and nothing else to go on his tax return. [Please don't open up any distraction around the requirement to do a tax return or whether I am charging the correct amount of fees as this is not relevant to my post]
The only other potential thing to add to his tax return is some labour he did for his wife who owns a rental property. She paid him £500 for doing end of tenancy work which was commercially valued at £500.
I believe that this is covered under the trading allowance and no tax falls due. Unless there is any restriction around connected parties. I wonder if others agree.
My answers
I'm not sure what journey you've gone on to get to this question.
No one is VAT registered so VAT cannot be accounted for.
Is Reverse Charge accounting relevant to a purchase from the US?
Does it come within the B2C services in section 12 of VAT Notice 741a as per Brace for Brexit 6?
https://www.gov.uk/guidance/vat-place-of-supply-of-services-notice-741a#...
They work for a bounty. So they'll lob you every CV that lands on the main job boards that says 'accountant' or 'tax' and if you interview and recruit they get £5-10k.
I've paid for access to the reed.co.uk CV board and you can see what they are doing as all new CV's appearing with my search criteria were sent to me by the recruiter within an hour. They don't make any more effort than that as far as I can tell.
If they don't work and you choose to pay them 55% of their wage - what's in it for you?
Exactly. Do you want to pay 55% of your wages for 33% of the work? The only benefit to the employer is to retain their staff.
My basic workings says that if you decide to keep 2 people on the payroll and job share i.e. 50% of their normal hours each. The cost to the employer will be an extra 33%.
I presume there are extra costs in repect of NIC/Pension but have excluded this.
I think the key job of a payroll clerk is to make this clear to avoid timewasters.
No that's not correct.
If a sole trader doesn't repay their bounce back loan then they presumably risk their personal assets.
Those with Ltd Companies - I have spoken to a bank who seem to think that the government will expect them to jump through hoops first to collect the loan before relying on the guarantee. Presumably this means enforcing the DLA?
I have now signed up the husband as a client. All PII and engagement letter is in place
He has employment income £20k per annum and nothing else to go on his tax return. [Please don't open up any distraction around the requirement to do a tax return or whether I am charging the correct amount of fees as this is not relevant to my post]
The only other potential thing to add to his tax return is some labour he did for his wife who owns a rental property. She paid him £500 for doing end of tenancy work which was commercially valued at £500.
I believe that this is covered under the trading allowance and no tax falls due. Unless there is any restriction around connected parties. I wonder if others agree.