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She see’s me doing my vat and wrestling with quick(slow)books and paying my accountant v’s filling in 4 boxes on a tax return.
Her freelancing is way simpler than mine just an adobe subscription and a new MacBook every 4 years.
I’m the one who does her tax return as that’s within my grasp, my business is a bit more complicated with way more ins/outs/production costs.Having talked some more we just ended up with more questions like could she be a director of my company but not billing through me and drawing a salary while getting sole trader work?
She doesn’t want to use an umbrella co as they were a mare to deal with and took their slice of the pie.
Mr_Smyth
Why is she reluctant to have her own Ltd? Agencies won’t go for sole trader as they then become liable for tax. So she’ll either need to invoice as a Ltd (could continue to be yours) or use an umbrella. Don’t use an umbrella as the take home is much less.
Re IR35, each contact/booking will have a Status Determination that decides if it’s inside or outside. The agency handles this - she will need to answer some questions - but it’s the agencies responsibility