Self Employment

SELF EMPLOYMENT

Self-employment is not a choice, it is defined by the facts pertaining to each individual work structure and engagement. The tax treatment of self-employed subcontractors working in the UK construction industry is governed by the Construction Industry Scheme (“CIS”). Aggregate Partners LLP has a wealth of experience dealing with subcontractors working under CIS.

Self-employment is not for everyone; there are many responsibilities that come with it. It is advisable that you carefully consider your decision to become (or continue to perform services as) a self-employed subcontractor.

As a self-employed worker you benefit from better rates of pay, flexible working arrangements and tax benefits but while enjoying these advantages you equally need to be aware that you obviously do not receive some of the benefits and rights associated with being directly employed under PAYE; such as holiday pay or sickness pay.

That is why self-employment is not for everyone, as such you should consider carefully what is right for you.

Each different assignment or project which you undertake will have its own details, such as the end-user of the services our client, the site location or the rate of payment. However, the terms of your contract for services with Aggregate Partners LLP will remain the same. You can end the contract for services at any time without penalty.

If you have any questions please contact us 0208 901 2914 and one of our support team will be happy to help you, or complete the form to the right and one of our team will be more than happy to call you back and discuss how we might help you stay safely self-employed.

How it works
When Aggregate Partners LLP collects payments from its clients in respect of services supplied by subcontractors, Aggregate passes on the CIS tax liability to the HMRC, the balance less our fee is then paid to the subcontractor. We summarise all payments made to the subcontractor and all deductions taken and passed on to the HMRC in a useful yearly statement provided to the subcontractor at the end of each tax year. Self-employed workers (subcontractors) also receive regular CIS remittance advice notes, detailing tax deducted / paid and payments received.

The arrangement between Aggregate Partners LLP and the subcontractor is in the form of a contract for services with Aggregate Partners LLP, not its clients. This ensures as a subcontractor your contractual rights are applied consistently with the right should you wish, to move freely from contractor to contractor, job to job.

Other Crucial Services - Our Expert Partners

wedo accounting - Specialists in Construction Taxation, CIS, Self-Assessment tax returns & Corporation tax, Tax rebates.

Abbey Tax and Consultancy Services Limited - Specialist tax consultants and insurance services.

Accountax Consulting - Tax, legal, HR and compliancy specialists.

For more information on how we can help you please call us on 0208 901 2814. We can answer any questions you may have and should you wish, get you up and running in no time, so you can start to get the benefits of being a client as quickly as possible.