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    any tax man or any1 who knows about it

    were do i begin!! iv been offered a job so rang tax credits and they need business tax code got in touch with my employer who said they dont av 1 because it a nonprofit business rang tax credit who says every business has one what do i do????? please help

    27 Comments

    Personally i have never been asked for this information.Usually gave the name and address of the employer and thats it. x

    Banned

    http://www.pharmas.co.uk/blog/wp-content/uploads/2010/03/panic-button.jpg

    Original Poster

    i am panicing is it worth taking this job? it seem very dodgy from the start

    Original Poster

    i am panicing is it worth taking this job? it seem very dodgy from the start

    Banned

    OMG - what will you do!

    The tax man might even jail you! How would you cope?

    What's the details of the company/business? Sounds like the person at the business you spoke to doesn't know what the code is... not that they don't have one.
    Edited by: "FrootCake" 22nd Feb 2011

    Every business that has employees that it pays has a PAYE reference number - it appears on p45 and p60 forms. Speak to the payroll department and see if they can help.

    isnt the tax code something to do with your pay? im not 100% sure though but i think its something they go off to how much tax you pay.

    Banned

    Meantime..........keep panicking. The Feds are on to you. Expect all benefits to cease forthwith

    Even non-profit making businesses have to take tax from their employees, otherwise everyone would like to work for one lol

    Original Poster

    yes im sure your all right but just chated some other employers and never had p60 and there all worried about it if they get investigated would they be in trouble

    Banned

    they will all be banged up by HMRC

    helen123

    yes im sure your all right but just chated some other employers and never … yes im sure your all right but just chated some other employers and never had p60 and there all worried about it if they get investigated would they be in trouble


    Fairly sure it is compulsory to provide a p60 to employees and if they employ 1 person or more they need a PAYE code
    A tax code is issued to you for your allowance of earnings before becoming liable for tax but is very different from employers PAYE code

    dimebars

    they will all be banged up by HMRC



    You really do get bored at night don't you

    Helen123 what happened to the job? if you didnt get it name and shame the business

    Banned

    dimebars

    they will all be banged up by HMRC



    pssssssssssst... you're not funny.

    Original Poster

    no havent taken the job she still cant find business tax code!!! lol told her that i think she running the business ileagly and asked me 2 go in to speak to her 2 day at 12 so if im not on here again could be held hostage 2 keep my gob shut

    What is the business/company name?

    Original Poster

    im alive! she says she runs it as she is self employed so i would be a sub contractor so any 1 know if this sounds right or not?!!! it a pre school business that has been running for 6 years with 6 employees so thats why she dosnt av a business tax code only a personal 1??

    are you being paid cash in hand? or rather going to be...?
    Edited by: "Jetpac" 2nd Mar 2011

    Original Poster

    no she says it will be cash but all legal

    helen123

    no she says it will be cash but all legal



    So how will you be paying tax if you are paid in cash?... Unless you also register as self employed?

    Original Poster

    will only be doing 16hrs so wont earn enough to pay tax

    helen123

    will only be doing 16hrs so wont earn enough to pay tax



    Doesn't matter i don't think? i could be wrong but you should still be on the PAYE system.
    Nat insurance is still payable i think.

    You need to be registered as a self employed person, in order to pay the relevant tax and insurance. She should explain this to you, but probably assumes you are aware. Your services will be bought by 'her', you will not be in her employ. You need to deal with this - whether your income is taxable or not is irrelevant, tax rules could change at any moment, and NI will be payable. All income needs to be declared.

    LINKY


    Edited by: "FrootCake" 2nd Mar 2011

    Original Poster

    spoke to bout bein self employed she now says that she is self employed by her business,so i wouldnt need to be but dosnt av a business tax code because none of her employees earn enough to pay tax any 1 know if this is true??? and is it law that you av 2 register business with companies house cos i cant find her business?? please help x

    helen123 if you decide to become a self employed sub contractor you won't get any paid leave nor sick pay. You would be responsible for your own national insurance contributions and at the end of the tax year will have to file a tax return and pay your own tax rather than it being stopped at source. Also if you're working with pre-school kids you might have to pay for your own CRB check, uniform and third party insurance. Although these are tax deductable expenses.
    She could offer you (as a subcontactor) less per hour than the minimum wage as you're not her employee. In my opinion unless she is offering you a decent rate of pay (I would say £8+ per hour) I would shy away.
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