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Anyone we know?

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    Anyone we know?

    https://www.thetimes.co.uk/article/f...4b83b1d4b1501e

    "I spent most of my time building Lego and dressing up as Batman"



    Edit: amended with eek's link
    Last edited by mudskipper; 18 December 2017, 10:32.

    #2
    Originally posted by mudskipper View Post
    https://www.google.co.uk/url?sa=t&rc...tco9u1PvSPDSWu

    "I spent most of my time building Lego and dressing up as Batman"
    Pay-wall, can you summarise (other than the lego bit above).

    Comment


      #3
      Google "Freelancers in the tax crossfire" - I think you can access from there.

      Comment


        #4
        Originally posted by woohoo View Post
        Pay-wall, can you summarise (other than the lego bit above).
        Man worked for council.
        Council declare man inside IR35 from April this year.
        Man leave.
        Man moan to The Times.
        See You Next Tuesday

        Comment


          #5
          https://www.thetimes.co.uk/article/f...4b83b1d4b1501e

          Some of us pay for the papers so can give links put
          merely at clientco for the entertainment

          Comment


            #6
            Originally posted by woohoo View Post
            Pay-wall, can you summarise (other than the lego bit above).
            Serial fantasist.
            Works in services at Heathrow.
            Likes elevator music.
            Too fat for regular retail costumes.
            Plays with lego.
            Dresses up as Batman.

            Gosh, no idea...

            Comment


              #7
              Article also only focusses on Income Tax and skips over the Corporation tax that freelances working through a Ltd pay.
              "Being nice costs nothing and sometimes gets you extra bacon" - Pondlife.

              Comment


                #8
                Originally posted by DaveB View Post
                Article also only focusses on Income Tax and skips over the Corporation tax that freelances working through a Ltd pay.
                I think the figures include corp tax. But assume zero expenses etc.

                Comment


                  #9
                  Originally posted by mudskipper View Post
                  I think the figures include corp tax. But assume zero expenses etc.
                  Doesn't read that way to me.

                  An employee earning £40,000 a year will generate a total of £12,146 in income tax and national insurance, according to the IFS, while a company owner-manager will generate only £7,358 — nearly £5,000 less.
                  The article only ever refers to Income tax and NI, which is the way HMRC present it as well.
                  "Being nice costs nothing and sometimes gets you extra bacon" - Pondlife.

                  Comment


                    #10
                    Originally posted by DaveB View Post
                    Doesn't read that way to me.



                    The article only ever refers to Income tax and NI, which is the way HMRC present it as well.
                    Stick the figures in here

                    https://www.contractoruk.com/calcula...alculator.html

                    (Zero out everything else)

                    Comment

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