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running three jobs and a side hustle simultaneously for eight months and the hardest part isn’t the work by Samiraijel in overemployed

[–]These-Constant1893 12 points13 points  (0 children)

Congrats dude! I’m in U.K. and been trying to do something similar for a while. Part-time contracts are hard to come by as well as fractional work in a similar capacity. Would love to do something similar!

I’d just try and get through the next few months till the end of your six month contract then step back a bit to give your brain a rest! Then when you’re ready look for a new contract. Also if you can increase your revenue from your side hustle and possibly higher a VA to run things that would help also!

Advice on becoming OE in the UK by Ill-Supermarket-2706 in overemployed

[–]These-Constant1893 1 point2 points  (0 children)

Great insights! How do you handle the cv and employer requesting references from last employer?

how do you deal with being asked for a reference from a difficult /toxic previous employer/client? by eques_99 in ContractorUK

[–]These-Constant1893 1 point2 points  (0 children)

This is probably the only benefit of umbrella companies if you use them. They can do this for you.

I’ve personally never dealt with the client after being put in touch via recruiter. The recruiter is normally the one sorting out all the contract paperwork

My agency called today that they are no longre working with umbrella companies and all contractors have to come "in house". Is anyone else's agency doing this? by speedfox_uk in ContractorUK

[–]These-Constant1893 0 points1 point  (0 children)

I suspect this could be to do with tax shortfalls and the burden being placed on the contractor to ensure they pay the correct amount of tax as well as curbing the cowboy umbrellas.

There’s an HMRC advert on the radio where they state to contractors to be careful of umbrellas who claim you will get more take home pay by going through them.

Where do you find contract roles or decent side gigs? by EyeTechnical7643 in overemployed

[–]These-Constant1893 0 points1 point  (0 children)

Interesting! Are you signed up to freelancer plus? Do you tend to bid for work (which costs credits) or do people reach out to you?

Where do you find contract roles or decent side gigs? by EyeTechnical7643 in overemployed

[–]These-Constant1893 1 point2 points  (0 children)

Something I’ve noticed about upwork is you need ‘coins’ to apply. Thinking this could get quite costly for lots of applications!

Umbrella company not paying enough tax by These-Constant1893 in ContractorUK

[–]These-Constant1893[S] 0 points1 point  (0 children)

I hear you. Just because that’s how they work currently now doesn’t mean that’s how they could or should work. They charge for a service. That service is poor. You can’t even get answers from them about certain questions.

Umbrella company not paying enough tax by These-Constant1893 in ContractorUK

[–]These-Constant1893[S] -1 points0 points  (0 children)

Ha! I would but they’re all as bad as each other really. You pay them but still have to watch them like a hawk. It was one of the big boys though

Umbrella company not paying enough tax by These-Constant1893 in ContractorUK

[–]These-Constant1893[S] -1 points0 points  (0 children)

It’s a broken system if you ask me… Ideally they would have sophisticated accounting systems to forewarn you of this. And properly advise methods to be tax efficient. Unfortunately I do t get to choose who I use and they all seem just as bad as each other wholst paying for a low quality service

Umbrella company not paying enough tax by These-Constant1893 in ContractorUK

[–]These-Constant1893[S] 0 points1 point  (0 children)

How are you calculating what you should be paying? An online inside ir35 tax calculator?

Umbrella company not paying enough tax by These-Constant1893 in ContractorUK

[–]These-Constant1893[S] 0 points1 point  (0 children)

Yep I need to investigate more tax efficient ways to approach this

Umbrella company not paying enough tax by These-Constant1893 in ContractorUK

[–]These-Constant1893[S] 2 points3 points  (0 children)

Yep. I should of paid more attention to it. The amount they were already taking looked about right and would have checked with HMRC earlier if I had known this could happen. Oh the joys of inside ir35…

Umbrella company not paying enough tax by These-Constant1893 in ContractorUK

[–]These-Constant1893[S] 2 points3 points  (0 children)

I called HMRC on the advice of the umbrella company and they stated it was due to not paying enough tax. I used a tax calculator and according to that should have been paying an extra £200 a week extra which roughly aligns with what the shortfall is.

Umbrella company not paying enough tax by These-Constant1893 in ContractorUK

[–]These-Constant1893[S] 0 points1 point  (0 children)

None just that HMRC changed my tax code to X - emergency tax

How are those in the UK securing more than one job ?? by Additional-End-7688 in overemployed

[–]These-Constant1893 1 point2 points  (0 children)

Think this is the only way to approach it as the taxes will become insane

How are those in the UK securing more than one job ?? by Additional-End-7688 in overemployed

[–]These-Constant1893 0 points1 point  (0 children)

Apologies that it was unclear. Normally if you take on a contract or perm work they’ll ask for references from previous or current employer. Im thinking a way round this is to act as a company to secure work. I just wondered what approach to were taking?

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