Dilemma Dilemma - Page 2
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Thread: Dilemma

  1. #11

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    Quote Originally Posted by GhostofTarbera View Post
    Bearing in mind HMRC can only launch 250 enquires a year from 100’s of thousands contractors


    Sent from my iPhone using Contractor UK Forum
    They'll be getting contractors in to sort that. There will plenty about.
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  2. #12

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    Quote Originally Posted by cojak View Post
    A very good summary - and what you do is completely up to you and your attitude to risk.
    Thanks for all the replies. I appreciate that I have to make the choice - what would others do in the same position?

    I have enquiry/IR35 insurance, too.

  3. #13

    Should post faster


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    Quote Originally Posted by Maka344 View Post
    Thanks for all the replies. I appreciate that I have to make the choice - what would others do in the same position?
    I'd post to a UK base IT contractor forum then make up my own mind based on the first 12 responses.

  4. #14

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    Quote Originally Posted by Maka344 View Post
    Thanks for all the replies. I appreciate that I have to make the choice - what would others do in the same position?

    I have enquiry/IR35 insurance, too.
    What I would do would depend on several factors
    a) how big a war chest do I have
    b) is it going to be in the skiing season
    c) have I got evidence of my working practises being outside IR35 such that I believe I can defend an outside determination I'm responsible for

    if no to c and yes to a and b then I'd be leaving.
    if no to c, and no to a or b, then I'd be staying and accepting the risk, knowing that it's my own stupid fault for not getting c right.
    If yes to c I'd be staying.

    c is the key. I have that everywhere I go as it's my standard practise. It should be yours too.
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  5. #15

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    Quote Originally Posted by Lance View Post
    What I would do would depend on several factors
    a) how big a war chest do I have
    b) is it going to be in the skiing season
    c) have I got evidence of my working practises being outside IR35 such that I believe I can defend an outside determination I'm responsible for

    if no to c and yes to a and b then I'd be leaving.
    if no to c, and no to a or b, then I'd be staying and accepting the risk, knowing that it's my own stupid fault for not getting c right.
    If yes to c I'd be staying.

    c is the key. I have that everywhere I go as it's my standard practise. It should be yours too.
    I love this post!

    And there you have it OP.

    (Bear in mind that that is what Lance would do, allowing for the possibility that HMRC will have their hands full - but on the other hand that possibility will be for you to decide)

  6. #16

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    Quote Originally Posted by Maka344 View Post
    Thanks for all the replies. I appreciate that I have to make the choice - what would others do in the same position?

    I have enquiry/IR35 insurance, too.
    Everyone's attitude to risk is different... Everyone's ability to take different route is different... No one can help or advise you other than you...

    Lowest risk is to leave and move to a client who has to give you a determination upfront...

    Highest risk to do nothing and extend....

    Chance of an investigation ? Do you work with someone who might attract HMRC attention ?

    Can you afford to lower the risk and just leave ?

    No one can help with all these variables!

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