Highbury_Blade
Bummed in the gob
- Joined
- Aug 9, 2009
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If an individual is claiming to be self-employed he or she has the option of issuing invoices to SUFC for consultancy services either personally or via a Limited Company. He or she can then receive dividends from the Ltd Co after payment of corporation tax. Very tax efficient when compared with the PAYE and NI which would be due if HMRC successfully argued that the individual was in fact an employee.
Depends on how long he's working for, and the terms in his contract. If it's only six months then i doubt very much whether he'd be caught by IR35 (if even you know what that is). Even if it's longer than that, there are plenty of other legal structures that would give him 80% returns without going down the Limited Company route.
He may even be working for the club on a part-time basis only, in which case IR35 goes out of the window.
I'd take Nick's advice if i were you. You clearly haven't a clue what you're talking about.