ChatterBank2 mins ago
Pay rise when self employed.
4 Answers
I know there is an obvious answer to this, but how do I go about awarding myself a pay rise when self employed? I have been working for a small firm for a number of years. When I got the job, the boss made it clear he didn't want anyone on his books, so I became self employed. The job should not have been a self employed post, but I needed the work. It has always suited me as I use my 'self employed' status to my advantage, e.g its a part time job and I swap my work days when it suits me. He gave me a rise after a year but I haven't had another in 3 years. In theory I should just up my hourly rate but each time I give him an invoice, he quips 'how much' etc etc. Most of the time he doesn't even look at it and I pay myself anyway. But every so often he comments on how my job may be going soon and I have no contract. Not sure how to play it. I am looking for another job but the flexibility of this can't be matched.
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For more on marking an answer as the "Best Answer", please visit our FAQ.Well I'm not convinced that legally you would be regarded as self-employed.
if we assume you are genuinely self-employed, as things stand at present I don't see any alternative but to notify him that you'll be putting up your hourly charge rate and if he doesn't like it you will no longer take his business. If you don't want to risk it then just negotiate how much he will pay you.
if we assume you are genuinely self-employed, as things stand at present I don't see any alternative but to notify him that you'll be putting up your hourly charge rate and if he doesn't like it you will no longer take his business. If you don't want to risk it then just negotiate how much he will pay you.
Actually, from what you say here, you're not self employed but an employee of the company. A few of the criteria that HMRC use to test if a person is indeed self employed are whether you work for more than one company, whether you supply your own equipment and whether you provide cover (i.e. another person to do your job) when you are not at work.