In a message dated 29/12/2003 09:34:46 GMT Standard Time,
Edmund_Hopkins@xxxxxxxxxxx.gov.uk writes:
Mention of partnerships is interesting-I bet there are lots of contractors
out there looking at partnerships to mitigate costs of insurance-
I think a lot of the stuff said about partnerships/employees/subbies comes
out of Tax Experience; does the subby provide his own tools /truck/etc. We
got
moaned at about this about a dozen years ago but one of our itinerant rock
climber employees became self employed and because he showed other sources of
income (modelling; yes really) he appears OK. For the Taxman the sub having
his
own insurance might be a factor in whether he's an employee or not.
The situation as I see it is complicated by the fact that a lot of
contractors sub to other contractors and are probably both insured for the
same job by
AXA, via Algarve (Thats the underwriter and Broker for the colonials). Which
ought to mean that the ultimate client is covered by at least 2 insurance
policies for 3rd party damages.
Yeah, monopolies, insurance, tax; makes you wonder whether its worth getting
out of bed....
Bill.
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