New at subcontractor job

[GeorgeH]

Hi guys,

I will start working as a subcontractor this July (2014).
Do you guys know of any basic online guides on what I need to do, register wise?
Any pointers?

(HMRC site is not simple at all)

Cheers,
George

 

[White Room]

Get yourself a good accountant....

 

[Diggy]

Are you already self-employed?

 

[radim]

u need UTR number before u can get paid...

 

[Diamond Pool Finishers]

http://successfulcontracting.co.uk/?gclid=COWYzfzduL4CFcLItAodUgUAOA this may help you mate, just google it and research on the computer .

 

[GeorgeH]

Thank you Whitebeam! No accountants for me. I understand a bit about accounting (mother side), it's easy for me to keep track of the year's ins & outs. I just need to know where to register and so on

 

[GeorgeH]

No. I will have a look on how to register.


Thank you mate.

 

[GeorgeH]

Right, we get a UTR when you register for Self-Employed I guess..

Thank you Radim.

 

[GeorgeH]

Thank for the great link!

I will look for a simple site the teaches how to register as self-employed. I will post it here, if there is such a page :lol:

This community is so helpful.

Proud!

 

[mike1979]

Get yourself CIS registered as well very important if your subbing

 

[GeorgeH]

Get yourself CIS registered as well very important if your subbing

Thank you so much for your advice! I looked up UTR and CIS on google and found a good site that explains it. Will post it. Your feedback would be much welcomed.

(loving this community)

 

[GeorgeH]

Found these 3 links that pretty much summed it up. Thank you all for pointing me in the right direction! Just completed my UTR request, just need to remember to activate my HMRC account so I can submit my taxes online

About CIS
https://help.gosimpletax.com/hc/en-gb/articles/202028658-What-is-CIS-about-

UTR, Self-Employment and Self-assessment
https://help.gosimpletax.com/hc/en-gb/articles/202269108-Freelancer-A-Beginners-Guide

Getting a UTR
https://www.gov.uk/register-for-self-assessment

 

[Diggy]

Do the HMRC online straight away as you'll need a Gov' Gateway password first and it takes a bit of time for it all to come through. Also when the gateway stuff comes through do it immediately as it has a time limit on it then you have to re-apply.

Once done it's a doddle.

Diggy