I will still be in his workshop and using all his equipment.Sounds like they want to keep you but remove your rights
I went self employed then turned down work from my last employer
double it and it may be worth itI don't think he would screw me over here in anyway, there is a lot of work for different company's that will be coming my way. I understand what you are saying, could you tell me any benefits I could get out of it? Better price on jobs, bigger hourly rate (currently £12 p/h)
Any benefits? HahaSo PAYE with holiday pay, bank holiday pay, possibly sick pay, employers pension contributions, all payroll sorted and no need to do a tax return
Or non of that?
Would I pay a higher amount on tax and NI as I do now?Well, you might get a better price on jobs, or a higher hourly rate, but your outgoings (tax/ni/etc.) will be higher too.
I assume that you currently work full time - will you get the same amount of hours per week under a different arrangement?
Will your deadline determine the hourly rate?
Will you have constant work or is this going to be a zero hours arrangement?
Seriously, think carefully about it. You might get a better hourly rate but you won't get paid holiday, or paid sick leave, or pension - you'll have to cover all that yourself. I'd reckon you'd have to at least double your hourly to break even on it.
There's no way on earth that I'd 'leave' an employed position to do the same thing, for the same company, on a s/e basis.
(There's (almost) no way I'd have an employed position in the first place though, s/e all the way for me - but certainly not for just one company.)
I don't know wether I am really explaining my situation the best way possible. I'm here for advice and I appreciate everybody's opinionThere are innumerable benefits to being self employed.
Unfortunately, I can't see a single one of them that could be applied to this particular situation.
I am doing work at a price, say for instance £100 a piece, I do 8-10 a week. If there is no price work available I am paid £12 p/h to do the odd jobs.You said you're on £12/hr.
£800 means you're doing well over 70 hours a week (if that 800 is take home)
£1000 means you're topping 100 hours a week.
I hope you signed a working hours directive waiver...
Around £3.5-£4K gross pay per monthTo put those figures into context - to take home £1000 in a week based on £12/hr that's 14+ hours a day, 7 days a week.
Really?
That is the aim in the futureNo. Been self employed working for same person and its not worth the hassle. You will need insurance etc and the biggie for me is what if you get hurt or your work hurts someone else.
Being employed and knowing the wages are coming in is so much better unless you want to start a company, then that might be different.