Self-employed? Surely we're employees of ltd company we happen to be directors of?

[psychocandy]

Performing the daunting task as filling out the JSA forms today.

I know its going to be confusing but surely those of us who are employees of our own limited company are just that and not self-employed at all?

From what I understand, self-employed is a completely different status?

[Clare@InTouch]

Correct. It's no different from working for Tesco and owning a few shares, you just own more.

But a lot of people don't understand that, and confusion abounds!

[northernladuk]

http://forums.contractoruk.com/accou...-employed.html

Surely you are no longer an employee of your LTD else you couldn't claim JSA?

[psychocandy]

Ah yes. I was always under the understanding that self-employed was like a sole trader and you had to be registered as such to be so. However, doing the JSA form if you put self-employed it asks you about being a compay director etc.

So I think they've got it all wrong. They seem to be meaning it as 'are you employed by your self' which, of course, you are.

[northernladuk]

Ah yes. I was always under the understanding that self-employed was like a sole trader and you had to be registered as such to be so. However, doing the JSA form if you put self-employed it asks you about being a compay director etc.

So I think they've got it all wrong. They seem to be meaning it as 'are you employed by your self' which, of course, you are.

Being a company director does not mean you are employed by your company.

I think you are not getting this quite right.

[SueEllen]

Ah yes. I was always under the understanding that self-employed was like a sole trader and you had to be registered as such to be so. However, doing the JSA form if you put self-employed it asks you about being a compay director etc.

So I think they've got it all wrong. They seem to be meaning it as 'are you employed by your self' which, of course, you are.

The company and you are two separate legal entities.

[psychocandy]

http://forums.contractoruk.com/accou...-employed.html

Surely you are no longer an employee of your LTD else you couldn't claim JSA?

This is true but they ask about previous employment.

[northernladuk]

This is true but they ask about previous employment.

That would be employed by your previous client for you.

[psychocandy]

That would be employed by your previous client for you.

Cheers NLUK. Perhaps I should ask them for redundancy.....

Don't worry - won't upset me today. Head still like a sponge after getting home from Glastonbury late last night.

[malvolio]

An employee has a contract of employment. We mostly don't (there are always some weirdos... ). What we are is officers of YourCo, and receive a remuneration in that role.

Self employed has two meanings, the general one where you aren't specifically employed by anyone, and the specific one that means you pay Schedule D NIs and have a different tax and expenses regime to the normal wage earner. JSA takes no notice, it's only interested in your earnings from any direction.

Of course, if you want a contract of employment you can have one - but you potentially open yourself up to considerations around NMW and WTD