Self employed as HGV DVR, LTD company?

Self employed as HGV DVR, LTD company?

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Discussion

DuncsGTi

Original Poster:

1,152 posts

179 months

Tuesday 24th March 2015
quotequote all
First off, sorry if this has been covered before, i have searched but couldn't find anything on here.

I had a successful interview with an agency today for my first class1 HGV job but im a bit unsure of how to sort out my tax affairs.

They told me that most of their drivers are self employed and are registered as ltd companies. I have always been an employee on paye up till now so i dont have the first clue about any of this, but dont want to shoot myself in the foot and end up paying more tax than i have to.

I will still be working another job part time and both wages together would probably tip me over onto the higher band of paye if i was to pay tax that way.

Any advice would be appreciated

Cheers

All that jazz

7,632 posts

146 months

Tuesday 24th March 2015
quotequote all
If it's an agency they will 99% be trying to get you to sign up to an umbrella payment scheme. Have a look at the TruckNet UK forums.

DuncsGTi

Original Poster:

1,152 posts

179 months

Tuesday 24th March 2015
quotequote all
Will do, cheers