Career Break and HMRC

**northernladuk** · 20 August 2012, 20:29

1) Nope
2) See 1
3) See 1

Have a good day.

**realityhack** · 20 August 2012, 20:36

1. If you're real, then read the first timers' guides.
2. If not, then I cordially introduce you to General.

**MarillionFan** · 20 August 2012, 21:21

Originally posted by realityhack View Post

1. If you're real, then read the first timers' guides.
2. If not, then I cordially introduce you to General.

Unlucky. If the company you'd been working for >7500 employees then you could have worked as a contractor. If you're with someone like Accenture/Tata etc you can also get free training & dental car.

**FiveTimes** · 20 August 2012, 21:30

Originally posted by MarillionFan View Post

Unlucky. If the company you'd been working for >7500 employees then you could have worked as a contractor. If you're with someone like Accenture/Tata etc you can also get free training & dental car.

what's dental car ?

Is that a big shiny white car ?

**northernladuk** · 20 August 2012, 21:40

Originally posted by FiveTimes View Post

what's dental car ?

Is that a big shiny white car ?

**Troll** · 20 August 2012, 21:47

**Gentile** · 20 August 2012, 22:36

Originally posted by realityhack View Post

1. If you're real, then read the first timers' guides.
2. If not, then I cordially introduce you to General.

Has the trust situation with sockies really got so bad now that when a brand new FM asks their first question in the Professional Forums, they get thrown to the 'wits' of General as a first resort?

Career breaks are fairly common in the Public Sector and in large companies, and you can work elsewhere in any capacity you like when you take one. E.g., Howard Webb is on a five year career break from his job with South Yorkshire Police, and works as a referee for the FA. Another officer I've heard of runs a Newsagents. I therefore can't see that there would be anything to stop you from working as a contractor, if you wanted to and if the opportunity were available to do so.

You should have a P45 from the employer you're on a break from. If you don't, ask your HR dept for one. If you're going back in as little as a year, you may want to consider using a brolly (Umbrella Company) rather than forming your own Ltd. Guides to doing this are on the right. ->

If you work through a Ltd, you'll pay taxes to HMRC via your personal tax return and your company's tax return. I've never worked through a brolly myself, but as I understand it if you go down that route it's much like being an employee. The guides on the right should give you better information if you decide to go that route.

Good luck,
G.

**alreadypacked** · 20 August 2012, 22:52

Originally posted by rabey View Post

Hi, I am working at a reputed company (with 5000 employees) since 4 years. Due to some professional reasons, I have decided to take one year career break. During this time I want to go and work in a different company on a contract basis for 8 months. I have couple of questions. Can you please advice me?

1) Can I work as a contractor?
2) What is about HMRC? As I am not getting the P45, who am I going to my pay tax?
3) What happens to my NI contribution?

Many thanks,

Does the company you work for provide you with a visa to work in the UK?

**NotAllThere** · 21 August 2012, 06:25

Originally posted by rabey View Post

Hi, I am working at a reputed company (with 5000 employees) since 4 years. Due to some professional reasons, I have decided to take one year career break. During this time I want to go and work in a different company on a contract basis for 8 months. I have couple of questions. Can you please advice me?

1) Can I work as a contractor?
2) What is about HMRC? As I am not getting the P45, who am I going to my pay tax?
3) What happens to my NI contribution?

Many thanks,

1) Yes, if your employer agrees.
2) You ltdco will pay your tax, or your umbrella company, out of your (or rather your company's) gross income. A p45 is just declaration of how much tax you've paid for the year. You don't need it.
3)You pay your NI contributions - employers and employees - out of your (or rather your company's) gross income.

Career Break and HMRC