Those who chose to do this route where I’m working are taking home £100-150 per week more than PAYE… That’s a fact anyway…
Granted they, me get priority on the hours as we save the agency money too.
If the company didn’t offer a lower rate and a zero hours contract then I would have accepted their offer of employment months ago
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Dieseldoforme:
The 340 miles per week is worth £31.
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tachograph:
With tax at 20% you will save 9p tax for each mile you travel, 340 miles saves you £30.60.
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Wow - I was out by 40p.
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Ryy86:
45 pence per mile up to 10,000 25pence thereafter, what is hard to understand ■■?
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You must ask yourself that question.
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Ryy86:
Those who chose to do this route where I’m working are taking home £100-150 per
week more than PAYE… That’s a fact anyway…
. . . and 28 days holiday pay too - by doing that route they must be richer than their wildest dreams.
Up yours Robbie Williams.
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Another thread that proves some folk can’t bear the thought that a S/E driver that effectively runs their own business could possible be better off than a driver that tugs his forelock to the gaffer every time he sees him… 
Dieseldoforme- If you are happy as an employee, that’s great, but why must you be so eager to try and prove that S/E drivers are worse off than you? Quoting a few figures for travelling expenses is only a small part of the story for S/E. It isn’t a fortune, but can I ask how much travelling expenses an employed driver may claim to and from their main place of work?
If S/E are doing it right and have a decent accountant, they are likely to be better off than the majority of employed drivers, given most are working for 8 quid odd and hour. Not to mention the variety, and the lack of necessity to tug that forelock every day…
Each to their own of course. 
Thanks for all the info folks, got it all setup this morning. I will have to think of other topics to start which will cause more abuse on this haha
Truckulent:
. . . can I ask how much travelling expenses an employed driver may claim to and from their main place of work?
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Yes you can,
But I’m not sure what you mean by “employed driver” or “main place of work.” so let me clarify it.
An agency driver on PAYE who works at various workplaces (and not at one place for
more than two years) is entitled to claim EXACTLY THE SAME tax relief for travelling
expenses as a self employed driver who is doing the same work.
THAT IS WORTH 9 PENCE PER MILE IN YOUR POCKET.
YOU SAVE THE TAX ON 45 PENCE - THE TAX IS 20 % OF 45 PENCE = 9 PENCE.
YOU DO NOT RECEIVE 45 PENCE PER MILE FROM THE TAXMAN OR ANYONE ELSE.
… But I can understand why Angencies try to bullshot drivers into believing that they will get 45ppm.
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I think that if I worked for an Agency I would work for Steve West at Pertemps.
They have a fantastic scheme for PAYE Drivers that is "fully compliant and genuine.”
Truckulent:
Another thread that proves some folk can’t bear the thought that a S/E driver that effectively runs their own business could possible be better off than a driver that tugs his forelock to the gaffer every time he sees him…Dieseldoforme- If you are happy as an employee, that’s great, but why must you be so eager to try and prove that S/E drivers are worse off than you? Quoting a few figures for travelling expenses is only a small part of the story for S/E. It isn’t a fortune, but can I ask how much travelling expenses an employed driver may claim to and from their main place of work?
If S/E are doing it right and have a decent accountant, they are likely to be better off than the majority of employed drivers, given most are working for 8 quid odd and hour. Not to mention the variety, and the lack of necessity to tug that forelock every day…
Each to their own of course.
This
youngpretender88:
got it all setup this morning.
Umbrella??
Truckulent:
Another thread that proves some folk can’t bear the thought that a S/E driver that effectively runs their own business could possible be better off than a driver that tugs his forelock to the gaffer every time he sees him…Dieseldoforme- If you are happy as an employee, that’s great, but why must you be so eager to try and prove that S/E drivers are worse off than you? Quoting a few figures for travelling expenses is only a small part of the story for S/E. It isn’t a fortune, but can I ask how much travelling expenses an employed driver may claim to and from their main place of work?
If S/E are doing it right and have a decent accountant, they are likely to be better off than the majority of employed drivers, given most are working for 8 quid odd and hour. Not to mention the variety, and the lack of necessity to tug that forelock every day…
Each to their own of course.
who cares what he thinks? Each to their own! Those who want to be employed can be employed and those who want to be self employed are equally entitled to do that. I am personally a lot better off self employed in several ways. Money is not everything although I am better off in that area too. Approximately £200 a week over the full timers I work beside although I don’t need to beg for a day off. A few days notice is reasonable for block bookings, day to day bookings means I can take a day off at zero notice. I also get variety if I want it. I like grafting but I can always take a break on containers or trunking if I want to. The only real downside is lack of job security but that is dependant on companies. My main supplier of work will take drivers 12 months a year so I don’t really have that concern either
Dieseldoforme:
Herongate:
ignore the rants of Dieseldoforme about £1 an hour extra and lack of holiday pay.
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Some people cannot face reality.
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Why can’t you face reality…… Why are you so set on knocking anybody that wants to be self-employed or Ltd Co….? If you think it doesn’t work for you, then fine, stay PAYE or grow a pair and try it for yourself. The reality for me is…. I’m a Ltd Co, I probably earn a lot more than you and probably pay a lot less tax & NI than you do; so for me it works.
Maybe you should try it and then perhaps you will understand how it works. If not, stay in your happy little PAYE world and shut the f**k up about what you obviously know so little about.
If you’ve got enough client firms on the books, you’ll always get enough hours in to get paid what you want.
Then it’s just a question of getting that decent hourly rate to make the most of only being able to work limited hours overall by law… 
Being self-employed with access to lots of clientel is as good as being with a good PAYE agency.
All other jobs, full time, sporradic agency, and zero hours contracts that get cancelled all the time just don’t compare.
If I ever find myself flooded out with work offers enough (which is not yet, but improving all the while…) I might find myself going down the self-employed path to push that hourly rate up a bit. Not worth doing until my work needs are saturated though, and to be fair, with my current lifestyle, that’s not able to happen for quite a while yet! - I value my regular days off too much… 
scanny77:
The only real downside is lack of job security but that is dependant on companies.
Problem is there’s no such thing as job security anymore, in any occupation; employers can bin you off at anytime with minimal notice or excuse; ok, after two years they have to pay redundancy, but Gov minimum these days ■■ 1 week per year?? (not sure if that’s correct) - I know a firm that moved it’s yard every 18 months so they can ditch the drivers under increased home / work travel distance regs without a pay-off and re-start with new drivers from the Job Centre (with a Government back-hander under a LEP agreement) - all totally immoral, but totally legal.
Thats why, imo, self employed / Ltd Co is the future, firms would rather take on drivers with no contract etc for a few days, weeks, months, even years - no long term liability or commitments, no employers NI payments, no PAYE to sort out, no having to pay holiday & sick money, no contractual agreements, HR policies, disciplineries, unions, TUPE regs etc etc
Dieseldoforme:
Truckulent:
. . . can I ask how much travelling expenses an employed driver may claim to and from their main place of work?.
.Yes you can,
But I’m not sure what you mean by “employed driver” or “main place of work.” so let me clarify it.
An agency driver on PAYE who works at various workplaces (and not at one place for
more than two years) is entitled to claim EXACTLY THE SAME tax relief for travelling
expenses as a self employed driver who is doing the same work.THAT IS WORTH 9 PENCE PER MILE IN YOUR POCKET.
YOU SAVE THE TAX ON 45 PENCE - THE TAX IS 20 % OF 45 PENCE = 9 PENCE.
YOU DO NOT RECEIVE 45 PENCE PER MILE FROM THE TAXMAN OR ANYONE ELSE.
… But I can understand why Angencies try to bullshot drivers into believing that they will get 45ppm.
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Why are you so fixated on travelling expenses? These form only a small part of allowable expenses and frankly, make little difference to any driver that travels only 5 mins to the yard anyway as I often do…
An employed driver is not allowed any expenses. An agency driver is yes, If they have no regular place of work but, as they are likely to be on a lower hourly rate than I am given they’re PAYE I’m still better off!
I’m glad you’re not my accountant BTW!!
Don’t forget also that offset expenses also reduce the headline gross pay to date figure on the payslip.
I’m also considering going down this route. I ‘swapped’ agencies this week to give the muppet who has been ringing me every day for the past 4 weeks, a chance to prove himself. All was going well and good, until I had a call from an Umbrella, and having spoken to them and learning that either way, paye or s/e, I’ll be paying them 5% of my gross as a fee, I sat down, done my sums, and worked out that s/e with the agency, paying that fee is circa £1800 a year. I don’t know what an accountant would charge to give everything the once over, but I doubt it’s as much as the Umbrella. I was also a bit concerned when they mentioned that the amount they’d take for tax as s/e was 15% not 20%. I’m also not best pleased that the fact they use an Umbrella to pay wasn’t disclosed when I signed up to the agency.
From what I can gather, limited company means paying 1/3 for twice the service of something like NOVA. An accountant will do everything plus put more expenses through that NOVA won’t touch eg rent. You can claim part of your rent as you store your gear at home. Best bet is attend a free local business course. If its any good then they will have a taxman attending one of the seminars. I learned a lot even if I didn’t need to know everything. Barclays is supposed to be one of the best banks for a business account. Having a team of lawyers provided is always peace of mind if you ever need them. Easy to set up too. One appointment and I had my account. Once my tax returns are done in January I will finally go limited company although there are other expenses to worry about like public liability and possibly driver negligence
Dieseldoforme:
But I’m not sure what you mean by “employed driver” or “main place of work.” so let me clarify it.An agency driver on PAYE who works at various workplaces (and not at one place for
more than two years) is entitled to claim EXACTLY THE SAME tax relief for travelling
expenses as a self employed driver who is doing the same work.THAT IS WORTH 9 PENCE PER MILE IN YOUR POCKET.
YOU SAVE THE TAX ON 45 PENCE - THE TAX IS 20 % OF 45 PENCE = 9 PENCE.
YOU DO NOT RECEIVE 45 PENCE PER MILE FROM THE TAXMAN OR ANYONE ELSE.
… But I can understand why Angencies try to bullshot drivers into believing that they will get 45ppm.
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You’re right you do not recieve 45 ppm off the tax man or anyone else, but thats all i think you’re right on. I’m not so sure you’ve understood how it works correctly. Or maybe i’ve misunderstood you. I’ve no idea about the situation regards PAYE but i know full well how it works for self employed and in any case your figure of its worth 9 pence per mile in your pocket is totally incorrect.
The mileage allowance is 45 pence per mile (for the first 10,000 miles or so?). That means if you travel 10 miles in a day you have accrued an allowance of £4.50. If your days pay is £100 then you can deduct that £4.50 from it leaving a taxable pay of £95.50 for the day. Of the top of my head it might cost you £2 in fuel to do 10 miles, that leaves you with £2.50 surplus (the surplus is designed to go towards running costs, that why its an allowance and not an actual fuel use rebate). Using my very basic math, £2.50 over and above your fuel for ten miles equates to 25 ppm that your on top of your actual fuel costs and has no correlation the the 9ppm in your pocket figure you have come up with.
As with any allowance you remove the allowance figure from your taxable income. The more mileage you do the less tax you will pay, thats why the rate drops down after 10,000 miles or so.
The problem with or there could be a problem is when your going to get a mortgage. … your actual income is too low as the lenders will not take into account expenses