Limited & IR35

[dx4100]

Im totaly confused....

Allot of people seem to say go for a limited company setup......

But how are people getting around IR35 ??

This link seems to repersent my understanindg on what makes you above and below it: http://www. parasolgroup.co.uk/contractor-knowledge/contractor-guides/contractor-knowledge/who-is-affected-by-ir35msc-legislation/

How is any contractor manging to stay outside of it ?? Its all very well rewording the contract but arent the majority of people just lieing ??

Thanks for any advice

<mod edit>Link purposefully broken</mod edit>

[dx4100]

I guess everyone is just lying then but no one wants to incriminate themselves

[Sockpuppet]

Read the first timer guides, the 47,000 other threads on this and then the first timer guides again.

[oracleslave]

Im totaly confused....

Allot of people seem to say go for a limited company setup......

But how are people getting around IR35 ??

This link seems to repersent my understanindg on what makes you above and below it: http://www. parasolgroup.co.uk/contractor-knowledge/contractor-guides/contractor-knowledge/who-is-affected-by-ir35msc-legislation/

How is any contractor manging to stay outside of it ?? Its all very well rewording the contract but arent the majority of people just lieing ??

Thanks for any advice

<mod edit>Link purposefully broken</mod edit>

I'm

totally

A lot


understanding

managing

aren't

You can barely spell IR35 so you have no hope of understanding it.

HTH.

[sidknows]

please remember parasol want people to be inside ir35 as they can then persuade them to join their umbrella scheme by saying that running a limited is not worth it if they are caught by ir 35

[MickeyP]

Im totaly confused....

Allot of people seem to say go for a limited company setup......

But how are people getting around IR35 ??

This link seems to repersent my understanindg on what makes you above and below it: http://www. parasolgroup.co.uk/contractor-knowledge/contractor-guides/contractor-knowledge/who-is-affected-by-ir35msc-legislation/

How is any contractor manging to stay outside of it ?? Its all very well rewording the contract but arent the majority of people just lieing ??

Thanks for any advice

<mod edit>Link purposefully broken</mod edit>

you forgot:

represent

lying

[Jubber]

please remember parasol want people to be inside ir35 as they can then persuade them to join their umbrella scheme by saying that running a limited is not worth it if they are caught by ir 35

Exactly - like a lot of people out there - they're making a mint out of the IR35 'frighteners' gravy train.

If you want to run your own business go for it, otherwise you may as well go PAYE with the agency. (if you can)

[chris79]

Lol, it's published by Parasol (an umbrella company) and as already stated above they rely on getting people INSIDE IR35 to use their services, so I would unsurprisingly treat it as perhaps bias propaganda showing only one aspect/perspective on it.

[dx4100]

I'm

totally

A lot


understanding

managing

aren't

You can barely spell IR35 so you have no hope of understanding it.

HTH.

May I just thank you for being a really nice person......

[Denny]

Im totaly confused....

How is any contractor manging to stay outside of it ?? Its all very well rewording the contract but arent the majority of people just lieing ??

Not necessarily, but I think a lot of contractors are burying their heads in the sand hope that the Revenue won't notice. Many of them are just being deceived into thinking they're outside when, in fact,they will probably be caught according to the Revenue's criteria of what consistutes a 'real business.'

There's a lot of luck involved as well because the definition of employee or business is not clear for tax purposes. Much depends on how reliable your EB and/or client testimonials are, how good your accountant is in wrapping up the investigation enquiries quickly and efficiently.