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| As a matter of interest, how far (if anywhere) does your average agency, or payroll company go in booking these expenses and reducing your effective salary for deductions purposes ? | |
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I can imagine they would try and avoid doing such additional admin, especially if they were the-agent-that-got-you-the-job and have you over a barrel, or the payroll-company-that-the-agency-tries-to-force-you-to-deal-with.
dave
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| Employee: Briefly said as an employee and even as an employee of your own company you are dependent on the structures set up within the company. This is what hurts most freelancers when they believe they have a "bad" agent. If the structure within the payroll company is not to your liking you cannot change much to meet your needs. Furthermore, any potential tax efficiency needs to be achieved by having the right structure in the company, something the payroll companies and hence agents have little interest in, and by ensuring that your location is tax efficient. [/quote] | |
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Clearly you raise a good point but... There is a basic rule that must be applied and that is that what is good for one is good for all. this means the rules that are placed within the company apply to everyone and this means the same structures apply across the company. This might not be wanted by the payrolling company hence the problem. Plus it is necessary to have these approved by the local tax authorities.