I would like to sure up my understanding of hiring people so i am doing the right thing and also which might be the best option for me.
Thoughts on the various options for hiring. I mainly do hard landscape design/build projects but also do one offs such as fencing, turfing etc. I currently have an order book with a lead time of about 4 months and quoting all the time so there is plenty of work for a crew of 3 or maybe even 4 of us. I'm interested to know peoples thoughts on the best methods of hiring workers to enable me to get he work done. Currently have one sole trader who does his own work too and also one who says he is CIS and says i don't need to make any deductions for him.
PAYE - I've always been advised to avoid PAYE by people who have gone this route and also by my tax accountant. One trader told me that every mon and fri someone would be off sick!
Self employed/sole trader - I've always used colleagues who were sole traders in there own right but now in a new location this option is not so straight forward as i don't have the contacts at present. I do like this option the best as its the most straight forward for me requiring them to just invoice me and i pay the invoice.
CIS - Anyone used this scheme for hard landscape projects. I only serve private domestic clients. Been looking into it and can't seem to figure out for sure if i can even run the scheme on domestic build projects. From what i have read there is going to be paperwork and fines if i get it wrong.
To add - i also know of a firm, albeit a Ltd firm who pay their self employed through a third party company. No idea how that works but could be interesting to understand more about it
I'm looking for the simplest legit method to hire and pay people.
Any advice gratefully received.