Originally posted by eek
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Inside IR35 - keeping LTD
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Originally posted by Peoplesoft bloke View PostThanks this is interesting - this looks (as quite a few people have observed) like the source of the next loan charge style fiasco."I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank...Comment
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Originally posted by cojak View PostYou’d better believe it.
Originally posted by Hobo View Post
It was my agency paying them my money!!Originally posted by eek View PostThanks for the post though as it explains to me why people fell for the schemes and why I instantly ran away from them.
Although it's hard to believe when you are in a scheme the first thing you do on entering a scheme is sign away the fact the money you earn is yours.
Because of the agreement you made with the scheme, the agency pays the scheme (not you) the money for the work you did. Due to that agreement that money wasn't yours, it was theirs and some of it was then paid to you as salary, the rest was then put into a trust and from there passed to you...merely at clientco for the entertainmentComment
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If you are working on a a contract for a small company who haven’t had to make a determination but you’ve assessed it as IR35 then wouldn’t you still use the deemed payments calculation? My understanding was that if you’re working for a small company then nothing’s changed.Comment
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Originally posted by Pring View PostIf you are working on a a contract for a small company who haven’t had to make a determination but you’ve assessed it as IR35 then wouldn’t you still use the deemed payments calculation? My understanding was that if you’re working for a small company then nothing’s changed.merely at clientco for the entertainmentComment
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Originally posted by eek View PostWhy would a small company make a determination - unless they are supplying you to a large company...Comment
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Originally posted by Peoplesoft bloke View PostThanks I was beginning to think it was me - how can people not grasp this simple stuff?Comment
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Originally posted by eek View PostOh it will be... People are greedy and the problem is outlined in this post from Friday in the Scheme Enquiry forum alongside my reply which explains the leap that most people don't grasp.."I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank...Comment
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Originally posted by cojak View PostAnd I notice that everyone has chosen to ignore your post and that rather inconvenient fact.
As for that HMRC scheme enquiries thread - I think people are ignoring everything and anything anyone says and rather than calming down and thinking they are often (angrily and accidently) creating far bigger messes for themselves down the line...merely at clientco for the entertainmentComment
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The issue is that where money is concerned, people can believe two opposing views, both at the same time, when it should be one or the other.
Quantum finance*, if you like.
See this for instance https://www.contractoruk.com/forums/...ml#post1062346
Really, what can you say?
*TM cojak"I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank...Comment
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