Consultation on offshore umbrella companies

[LisaContractorUmbrella]

from our friends at HMR&C https://www.gov.uk/government/consul...intermediaries

It would seem that the intention is to create a tax and NIC's charge on offshore intermediaries which, if it is not paid, will be passed to the recruiter and, if they fail to pay it will be passed to the end client

[cojak]

Well, if anything kills them stone dead, that will...

[northernladuk]

We need to start a sticky titled 'Why are the agents asking about my banking practices' thread to stave off everyone moaning why the agents have started asking questions that they don't believe to be their business... which it clearly will be after this.

[malvolio]

We need to start a sticky titled 'Why are the agents asking about my banking practices' thread to stave off everyone moaning why the agents have started asking questions that they don't believe to be their business... which it clearly will be after this.

Nope. they'll just stop dealing with anyone other than through a UK limited company or onshore umbrella

[cojak]

Nope. they'll just stop dealing with anyone other than through a UK limited company or onshore umbrella

Yep, that's my take too, it will just be like dropping sole traders.

[LisaContractorUmbrella]

Well, if anything kills them stone dead, that will...

Yep don't think there's any way round that one

[northernladuk]

Nope. they'll just stop dealing with anyone other than through a UK limited company or onshore umbrella

Indeed but they will have to ask the questions to make sure that is the case which will get people that don't understand the situation to get twitchy. Hell, enough people have kittens when asked for their passport let alone their tax/banking methods.

[malvolio]

Indeed but they will have to ask the questions to make sure that is the case which will get people that don't understand the situation to get twitchy. Hell, enough people have kittens when asked for their passport let alone their tax/banking methods.

Simple. Look them up on Companies House Websearch. No listing, phone goes down.

[SueEllen]

Simple. Look them up on Companies House Websearch. No listing, phone goes down.

Agents doing research

[porrker]

sorry to spoil the OP thunder but this will have no effect on the types of schemes operated by uk IT contractors! This will target the schemes supporting public service workers that have recently been in the news such as teachers and healthcare workers.