Employment tribunal & employment appeal tribunal Case Study

Employment tribunal & employment appeal tribunal - Case Study Example However, if shares of a business is transferred or either machineries or assets are being transferred to a buyer, then, TUBE regulation will not be applicable. There is a category of employees’ namely self-employed worker who is also known as an independent contractor. These independent contractor offer services for a business through a contract for services. This category of contractor is not an employee of a company as they are offering the business with high-skilled or specialised skills. These self-employed persons can offer their services for a business through an umbrella company or as a sole trader or through a limited company or through a partnership. It is to be noted that an employee works for a business through a contract of service whereas an independent contractor works for a client’s business through a contract for service. To determine whether a person is an employee or an independent contractor, HRMC offers an employment Status Indicator (ESI) kit that e mployees or contractors can use to decide whether they are self-employed or employee of that business (Contractorcalculator.co.uk 2010). A self-employed contractor is an individual who is really carrying on a business for themselves if he or she assumes accountability for the failure or success of the business and is either a staff or an employee of the business. Thus, a self-employed contractor is somebody who is a sole trader and not employed through a service company or through their own limited company.