Hurray – sorted my tax return details for Apr 2015

I have an accountant that sorts out my tax return for me and they send me a checklist that I need to fill in and documents that I need to provide.

It has taken me a while to get all the documents required with all my ex-employer sell-offs and re-sales, its not made things simple. It’s annoying when you have to chase up information from companies you have stopped working for. You cannot just go and find the department and camp out until you get the info in your hands.

I have never met my accountant face-to-face before but when I dropped off the documents, I had a chance to meet her. It was nearing the end of the office day and she was happy to chat. I told her I wasn’t working at the moment “a lady of leisure”, enjoying the summer debating what to do next.

We discussed the way the workplace is moving and how employers are now looking to move to flexible employment and how more people will be employed under fixed-term rather than permanent contracts so that employers can decide whether to renew or let you go when the contract reaches its term (without the need for redundancy or pay offs).

I said that I may be back soon to discuss setting up a company, she said that many people are moving to that working model especially in the engineering and IT sector. She could quote examples of local company ex-employees that are now working as one-person limited companies as it was the only way they could get employment. So much for the Government’s drive for decent wages….see the info on the City Link debate – “Were they employees or self-employed?” never mind the zero-hours contract discussions.


5 thoughts on “Hurray – sorted my tax return details for Apr 2015

  1. It’s quite common to have these one person Ltd’s in engineering and IT especially, but I’m not really sure it’s got anything to do with the government and decent wages. Those people are able to secure employment through this manner, and they’ll be earning 3,4,5+ times as much as the people whom the government are trying to help with the higher minimum wages, I wouldn’t really be complaining about that… The people on the low wages are low skilled or no skilled usually with little quality education or training.

    What I’m more concerned about is the excessive number of graduates we have who are not using their degrees. This is the result of a combination of issues, such as the last labour gov pushing for 50% of young people to go to uni (WTF?!) and low grade universities offering courses like ‘media studies’ that offer zero value…

    • The government is trying to help those who are less skilled but the example of CityLink is where less skilled workers were exploited by this new trend for flexible 1-person companies. It happens in the warehousing sector too, although normally via umbrella companies. What started off as something within the “better paid” sectors is now being pushed down the employment ladder. By using this method, employers do not have to comply with the minimum wage rules. How long will it be before we start hearing of ‘partner’ sales assistants, wearing retail uniforms but actually deemed as self-employed as per CityLink?
      The point being, the workplace is changing and the unconditional permanent role will disappear and the minimum wage will not prevent that, it will encourage it.

      I know a number of graduates who are not using their degrees and performing “less ideal” jobs and not because their degree is low grade but because the work isn’t there. An example: There was a push for trained physiotherapists a few years back as the NHS said they were desperately short – only for the NHS to stop recruiting and actually start cutting roles across the country as the graduates qualified. These graduates had received assisted funding from trusts only to find the jobs vanish as they finished their training.

      I agree with you over the 50% graduate push – it was silly – this just encouraged Universities to create nonsense courses to increase student numbers and grow revenue. It also hides the fact that apprenticeships and vocational training has declined and employers are not investing in people. Everything seems to be based on short-term views and no big picture thinking.

      • Sadly, the short-termism is always a feature of politics, particularly of the Blair-Brown era, which I feel did so much damage in so many ways 😦

  2. Hi sparklebee,

    I agree that there is an ongoing (and worrying) reduction in the number and quality of permanent jobs where the employer takes a responsible attitude towards its employees. The “casual/zero hours/self-employed” model can only become more and more prevalent as trade union and employments rights are eroded. It will be “interesting” to see how things pan out by the end of this term of government

    Good news on getting your tax return sorted 🙂

  3. Thanks Cerrdwen. The paperwork is never simple when you have unplanned employment ‘churn’ 🙂

    This change in the working environment is only going to accelerate. Watch for anyone under 25 yrs only being offered fixed-term contracts which terminate just before their 25th birthday so the employer can decide whether to keep them and pay the minimum wage or let them go.

    I know that casual/zero hour contracts can work for some people – but these clauses over exclusivity and not being able to decline the work offered is poor practice.
    I saw a job advertised the other day – relief driver for a chemist to deliver prescriptions (zero-hours, use your own car) and will be called upon at any time and need to be “flexible, available and reliable”.

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