welshbairn Posted March 8, 2018 Share Posted March 8, 2018 6 minutes ago, The_Kincardine said: I've sparks and pipe-fitters on my books at £20-25 per hour who have Ltd Coys. it's easy to set up and tax-efficient. When I looked into it a while back the recommendation was to avoid it with a turnover of less than £75,000. As my costs were next to zero I didn't hit that mark. I know very little about this stuff but it would be daft if an American company couldn't employ a Brit over here without setting up a new company with one employee. Link to comment Share on other sites More sharing options...
The_Kincardine Posted March 8, 2018 Share Posted March 8, 2018 7 minutes ago, welshbairn said: When I looked into it a while back the recommendation was to avoid it with a turnover of less than £75,000. As my costs were next to zero I didn't hit that mark. I know very little about this stuff but it would be daft if an American company couldn't employ a Brit over here without setting up a new company with one employee. An American coy setting up a company with 1 employee is simple. Setting up your own ltd coy is also very simple, could be tax efficient and certainly doesn't need £75K pa . A via media is for HEED to us a UK employment agency to pay him who'd then invoice the US parent. There are several options which is why I said the bloke really needs to sit down with a solicitor to come up with the best solution. Link to comment Share on other sites More sharing options...
welshbairn Posted March 8, 2018 Share Posted March 8, 2018 16 minutes ago, The_Kincardine said: An American coy setting up a company with 1 employee is simple. Setting up your own ltd coy is also very simple, could be tax efficient and certainly doesn't need £75K pa . A via media is for HEED to us a UK employment agency to pay him who'd then invoice the US parent. There are several options which is why I said the bloke really needs to sit down with a solicitor to come up with the best solution. You should pm Heed in the morning with a more detailed version and spell checked version of this, unless coy is a real word. P.S. In my experience agencies take 30-40%. Perhaps there are specialist ones who fulfil Heed's needs for less. Link to comment Share on other sites More sharing options...
Cerberus Posted March 9, 2018 Share Posted March 9, 2018 It sounds like a strange situation. I've no idea what the job is but from experience I would blankly refuse to work for a US start-up company, or even the majority of US technology companies. Link to comment Share on other sites More sharing options...
coprolite Posted March 9, 2018 Share Posted March 9, 2018 7 hours ago, The_Kincardine said: An American coy setting up a company with 1 employee is simple. Setting up your own ltd coy is also very simple, could be tax efficient and certainly doesn't need £75K pa . A via media is for HEED to us a UK employment agency to pay him who'd then invoice the US parent. There are several options which is why I said the bloke really needs to sit down with a solicitor to come up with the best solution. Agree with this, but you need to make sure that the company appreciates that operating PAYE is their responsibility. Also, they should take advice to make sure that your set up doesn't give them a UK permanent establishment. A ltd co or employment agency could help with that. Link to comment Share on other sites More sharing options...
Mark Connolly Posted March 9, 2018 Share Posted March 9, 2018 7 hours ago, welshbairn said: You should pm Heed in the morning with a more detailed version and spell checked version of this, unless coy is a real word. P.S. In my experience agencies take 30-40%. Perhaps there are specialist ones who fulfil Heed's needs for less. Unless you're whooshing, "coy" is a fairly standard abbreviation for "company", isn't it? Link to comment Share on other sites More sharing options...
welshbairn Posted March 9, 2018 Share Posted March 9, 2018 1 hour ago, Mark Connolly said: Unless you're whooshing, "coy" is a fairly standard abbreviation for "company", isn't it? Never seen it before but I'm not familiar with office lingo. Thought that "co" was standard. Link to comment Share on other sites More sharing options...
Fullerene Posted March 9, 2018 Share Posted March 9, 2018 If you went down the route of "Limited Company" there is also the issue of IR35 that is used to tackle people who are pretending to be a company when actually they are just an employee. However, I am not sure the tax authorities have had much luck pursuing IR35 cases apart from a recent case of a BBC newreader in Newcastle. Link to comment Share on other sites More sharing options...
NJ2 Posted March 9, 2018 Share Posted March 9, 2018 Unless you're whooshing, "coy" is a fairly standard abbreviation for "company", isn't it? I’ve never heard it. Back to the matter at hand, HEED needs to go to the bank, open the windows (the heating is always on in the bank) and that should about take care of it. HTH. Link to comment Share on other sites More sharing options...
Mark Connolly Posted March 9, 2018 Share Posted March 9, 2018 7 hours ago, welshbairn said: Never seen it before but I'm not familiar with office lingo. Thought that "co" was standard. 6 hours ago, NJ2 said: I’ve never heard it. Back to the matter at hand, HEED needs to go to the bank, open the windows (the heating is always on in the bank) and that should about take care of it. HTH. I’m pretty sure I haven’t made that up, but I’m certain it is an older term for company. Probably @The_Kincardine being much older than the rest of has led to its use here! Link to comment Share on other sites More sharing options...
welshbairn Posted March 9, 2018 Share Posted March 9, 2018 3 minutes ago, Mark Connolly said: I’m pretty sure I haven’t made that up, but I’m certain it is an older term for company. Probably @The_Kincardine being much older than the rest of has led to its use here! He's too coy to admit his age. Link to comment Share on other sites More sharing options...
Melanius Mullarkey Posted March 9, 2018 Share Posted March 9, 2018 COYR Link to comment Share on other sites More sharing options...
welshbairn Posted March 9, 2018 Share Posted March 9, 2018 Apparently Coy is an abbreviation used for Company on British Army medals. @The_Kincardine must be harking back to his Omdurman adventures as a drummer boy. Link to comment Share on other sites More sharing options...
The_Kincardine Posted March 9, 2018 Share Posted March 9, 2018 2 hours ago, Mark Connolly said: I’m pretty sure I haven’t made that up, but I’m certain it is an older term for company. Probably @The_Kincardine being much older than the rest of has led to its use here! Youthful brain, young Mr C. And I'm pretty sure I'm younger than Welshy. 2 hours ago, welshbairn said: He's too coy to admit his age. No need to carp on about it. Link to comment Share on other sites More sharing options...
D.A.F.C Posted March 9, 2018 Share Posted March 9, 2018 Ask them for a contract of employment. Is this not a legal right? Link to comment Share on other sites More sharing options...
Guest Moomintroll Posted March 10, 2018 Share Posted March 10, 2018 Unless you're whooshing, "coy" is a fairly standard abbreviation for "company", isn't it? Off topic and probably making it up but did the old celtic badge not say something the lines of "the celtic football and athletic coy"? Link to comment Share on other sites More sharing options...
Zen Archer (Raconteur) Posted March 10, 2018 Share Posted March 10, 2018 1 minute ago, Moomintroll said: On 09/03/2018 at 06:55, Mark Connolly said: Unless you're whooshing, "coy" is a fairly standard abbreviation for "company", isn't it? Off topic and probably making it up but did the old celtic badge not say something the lines of "the celtic football and athletic coy"? Link to comment Share on other sites More sharing options...
Guest Moomintroll Posted March 10, 2018 Share Posted March 10, 2018 Thats the bugger. Link to comment Share on other sites More sharing options...
Mark Connolly Posted March 10, 2018 Share Posted March 10, 2018 Kincy’s big team found then lads! Link to comment Share on other sites More sharing options...
Sergeant Wilson Posted March 10, 2018 Share Posted March 10, 2018 7 hours ago, Zen Archer said: What's the significance of the bats either side of 1888? Link to comment Share on other sites More sharing options...
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