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thinking about subbing


Alasdair
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make sure you have you NI payments sorted self employed NI is about £12 per month

try to get as many contacts as poss

 

also if your going to take on your own work get PL insurance just in case something happens

 

keep all your receipts for work related purchase s thats almost everything you buy

my accountant says you dont go out to buy work clothes almost any clothes you buy become work clothes eventually

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Ive recenty started as a subbie, and its prob the best thing ive done. The first few months were tough, but it is starting to pick up now. just get the local phone book and papers and pester everyone, be willing to travel, be honest about your level of skills, learn all the different ways people do things, and most of all dont get pushed/bullied into doing something you think is wrong or unsafe.

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Notify the HMRC, sort your NI contributions to same, Public Liability Insurance. IMO a subby should supply all the tools to do his everyday work, but thats at discretion of companies you sub too. Sort out several different companies, as you cannot be s/e if you're doing regular days for the same person. You'll probably need an accountant, unless you're good with book-keeping, and accountant can save you quite a bit of money.

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Keep every reciept for everything, then once a month religiously sort through them and keep them logged by monthly order.

 

Dont get an accountant there crooks.

 

Do your tax return online its esier.

 

 

Get the self assesment guide from the tax office and study hard, there is stuff in that, that you would never have thought of claiming for.

 

Sort out a price with the customer before commencing work and have some sort of a contract, there are people out there who will try and take you to cleaners.

 

Any extra work must be paid for, and treated as a seperate job unless you think it is worth while just doing as a favour.

 

Give written quotations not estimates, stating in detail the work to be undertaken, the time frame, and cost. Also state how many days the customer has to pay for job ie- No later than 1 week from the date of the work has finished or 28 days which is usualy the norm.

 

On the quotation Have your name adedres and telephone number, and any trade assocations and public liabilty insurance.

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