Originally posted by simes
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Advice needed re parking fees
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Originally posted by Amanensia View PostSorry, I'm not trying to be argumentative, I just genuinely don't follow. Anyone being paid via a brolly is being paid via PAYE. IR35 is utterly irrelevant to anyone being paid via PAYE. There is no "inside" or "outside".
As before, I have never 'gone' via brolly so am only paraphrasing.Comment
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Originally posted by simes View Post
I have never 'gone' via brolly so am just guessingSee You Next TuesdayComment
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Originally posted by simes View PostI don't disagree. But people do it. Hence the response to cover both options.
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I get the feeling Simes will never admit to bring clueless or wrong - and start pulling other wrong peoples posts
Man up man and withdraw
If I’m wrong I say so, man up
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Originally posted by Lance View PostFTFY
Paraphrasing the bloody link and paragraphs. Read'em and let me know thoughts.Comment
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Originally posted by simes View PostAnyway, subsequent to GoT being added to the Ignore list, and subsequent to some digging.
1. If via a Brolly and Outside IR35, 5% rings true
2. If via a Brolly and Inside IR35, there are no Expenses allowable, 5% or otherwise.
Pertinent to the initial post, MDavies does not tell us whether his contract is inside or outside.
Can IR35 contractors still work through a limited company? | Crunch.
If you go through a brolly there is no 5%.Down with racism. Long live miscegenation!Comment
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Originally posted by NotAllThere View PostYou are completely wrong. The 5% applies only if you have an inside IR35 contract with the private sector and operate via your own limited company. The limited company (until April 2020) can deduct travel and subsistence expenses, and 5% of the remainder before calculating the NI due for that caught contract.
If you go through a brolly there is no 5%.
Someone please delete all I've said here. What an unfortunate crock.
Sorry.
I seem to have had memories of previous brolly law. Quoting from a Travel thread, ladymuck says;
When I last used an umbrella, I would fill in an expenses sheet with receipts and that would be shown on my payslip as an in and out transaction but they would be pre-tax deduction, post-tax addition (or some such, the terminology escapes me). So, you would effectively not have any extra cash in your pocket but you didn't pay tax on that portion of your day rate.Last edited by simes; 15 November 2019, 15:54.Comment
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Originally posted by simes View PostOh crap!
Someone please delete all I've said here. What an unfortunate crock.
Sorry.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by Old Greg View PostI thought that parking provided by employers isn't a BIK.
A better analogy would be an employee whose employer does not provide any parking so they have to pay to park in a private car park near their office each day. This would not be a tax-deductible expense either.Comment
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