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  1. Evidently you don't have the right to remain...

    Evidently you don't have the right to remain silent (unless you don't want a fine):

    York woman fined for breaching coronavirus rules - BBC News
  2. You have the right to remain silent.

    You have the right to remain silent.
  3. Replies
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    We need a valuation of £369k which is an increase...

    We need a valuation of £369k which is an increase of £9k over the previous valuation which is about 1.025% increase in three years. That’s just a conservative estimate though, broker is going to...
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    Could do if necessary, though I'm hoping there's...

    Could do if necessary, though I'm hoping there's been sufficient growth in three years to get us over the line.
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    Yup, I'm thinking the same. It has a £995 booking...

    Yup, I'm thinking the same. It has a £995 booking fee but worth it, broker isn't charging a fee either. I'll need 60%LTV to get it which would require a valuation of £10k more than when it was last...
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    Serious question - our mortgage fixed rate ends...

    Serious question - our mortgage fixed rate ends in June. I was leaning towards a 3 year fix again but our broker recommended a 5 or 2 year fix as he said the rates were more competitive.

    He’s...
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    Clearly sowing seeds to use this as an excuse to...

    Clearly sowing seeds to use this as an excuse to screw the self-employed with tax-rises in the coming years...not just "PSCs" but sole traders too from the sounds of it.

    What exactly is the "big...
  8. Yes, though I had intended to just do a short cut...

    Yes, though I had intended to just do a short cut and another bulk cycle before summer. Not anymore though.
  9. I lost most of my weight over the last couple of...

    I lost most of my weight over the last couple of years - dropped from 97kg to 82kg in 2018, got lazy and went back up to 87kg, started again last Jan and got down to 72kg, probably the lightest I've...
  10. Replies
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    I beg your pardon? :rollin:

    I beg your pardon? :rollin:
  11. They aren't savings, but they are arguably a very...

    They aren't savings, but they are arguably a very liquid asset if it's just cash lying around and you have the ability to pay yourself a dividend from those reserves.
  12. I don't think they'll accept it at all.

    I don't think they'll accept it at all.
  13. Replies
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    Given that there are a lot of key workers that...

    Given that there are a lot of key workers that still need to get into town and that it's much quieter, it would surely make to suspend parking restrictions around as many key worker sites as possible...
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    I was hoping this would be the case too...we had...

    I was hoping this would be the case too...we had our Ocado order arrive today but even though we have a reserved slot I'm not expecting to be able to get one for at least a month so will likely have...
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    A more detailed of list of what’s to close. ...

    A more detailed of list of what’s to close.

    https://assets.publishing.service.gov.uk/government/uploads/system/uploads/attachment_data/file/874732/230320_-_Revised_guidance_note_-_finalVF.pdf
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    Government guidance clear as mud as usual. ...

    Government guidance clear as mud as usual.

    Twitter messaging says only key workers can go to work. Boris statement and official guidance online says no such thing, or just says you can go to work...
  17. But probably capped at the same amount as the...

    But probably capped at the same amount as the employee deal I would have thought, so you're looking at £30k/year max. As said above though, better than a kick in the teeth.

    I've never felt more...
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    So - honest question for somebody who isn't that...

    So - honest question for somebody who isn't that clued up on things. Should I continue to drip-feed my ISA, pension and daughter's JISAs? I've been putting in £1k/month into pension and £100/month...
  19. I'm using Starling but bank balance currently...

    I'm using Starling but bank balance currently exceeds the FSCS protection limits - might be worth signing up for a Monzo business account too I think.

    Edit - well that was easy. Took less than 5...
  20. Replies
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    After seeing free Ocado slots start to drift last...

    After seeing free Ocado slots start to drift last week I managed to bag a weekly reserved slot although there’s still no guarantee as I’m seeing a lot of people had their deliveries cancelled last...
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    A sensible compromise! I'm shocked.

    A sensible compromise! I'm shocked.
  22. The reason it’s like this is to stop employers...

    The reason it’s like this is to stop employers from treating people who would otherwise be employees as self employed to avoid paying employers NIC and providing other employment rights.

    It’s not...
  23. You're right, IR35 does not apply to sole...

    You're right, IR35 does not apply to sole traders. It doesn't need to apply to sole traders as there is no intermediary.

    However, if somebody hires somebody else on a self-employed basis when...
  24. This isn't right and why have you registered only...

    This isn't right and why have you registered only to necro a thread from 2 years ago?
  25. Could you get them to re-word it to say something...

    Could you get them to re-word it to say something along the lines of: "the Consultancy agrees to operate PAYE on any income paid to its employees for any remuneration received for working on this...
  26. Direct contributions from Ltd company are not...

    Direct contributions from Ltd company are not permitted under the new scheme, only the old one which as I said above, can only be applied for schemes already in place before the rules changed.
  27. The short version is: you can continue to use the...

    The short version is: you can continue to use the old childcare voucher/directly-contract childcare (paid through YourCo) scheme *if* you had a childcare scheme in place before the rules changed. So...
  28. Hard to be surprised about this to be honest -...

    Hard to be surprised about this to be honest - it’s such an easy target to get rid of and likely to be seen as positive by the majority if the public as it’s seen as a tax cut for the rich.
    ...
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    If the only reason you have contact details for...

    If the only reason you have contact details for your clients is for your business records (contracts and in your bookkeeping software) then it does not apply. I did the self assessment myself and...
  30. FWIW, you don't need to pay up to the personal...

    FWIW, you don't need to pay up to the personal allowance to gain a credit for state pension purposes - you simply need to pay above the lower earnings limit.
  31. 1. Why £12.5k - a lower salary is will be more...

    1. Why £12.5k - a lower salary is will be more tax efficient due to NIC.

    2. Corporation tax likely to stay the same at 19% this year from what I’ve heard, the Tories said they were going to scrap...
  32. You seem to have missed my point. What contract...

    You seem to have missed my point. What contract did you sign that the end client was a party to?
  33. It's remuneration.

    It's remuneration.
  34. Out of interest, what terms of the contract you...

    Out of interest, what terms of the contract you signed were the consultancy and/or end client in breach of? And how would you know, seeing as your contract was with the agency? What contractual...
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    Yes you can, as Craig outlined. Taxpayers are...

    Yes you can, as Craig outlined. Taxpayers are allowed to use their personal allowance in whichever way is most beneficial to them.

    Personal Allowances and Dividend Income

    Allocating £2k of your...
  36. As far as the bed and breakfasting rule goes,...

    As far as the bed and breakfasting rule goes, yes:

    1. Balances under £15k, any new loans taken within 30 days of repayment may be treated as a continuation of the previous loan and therefore may...
  37. Look, if your contract is reviewed as outside...

    Look, if your contract is reviewed as outside IR35 and you want the working practices to back this determination up, it's up to you to treat this like a B2B relationship and stress to the client from...
  38. Self employment isn’t strictly a matter of...

    Self employment isn’t strictly a matter of “choice”. Your relationship with the client is generally a matter of fact. If you’re working as self employed but your relationship is more like one of...
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    It means at the client. There’s a specific rule...

    It means at the client. There’s a specific rule under IR35 where anyone working as an office holder being paid via an intermediary is deemed caught by IR35. Its unlikely to apply to anyone here.
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    Yup, and has been the case for a very long time....

    Yup, and has been the case for a very long time. It’s the employer who is on the hook where somebody is falsely self-employed (it’s only ever really to the employers benefit as they avoid their legal...
  41. FWIW, I just got mine back from my accountants....

    FWIW, I just got mine back from my accountants. FY ended on 8 Jan, so about a month for mine. Its occasionally taken a bit longer (what with it being tax return season) but never later than end of...
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    I never charge less for working remotely. The...

    I never charge less for working remotely. The client is getting the same amount of work and expertise in either case.
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    This article seems to confirm that Scottish rates...

    This article seems to confirm that Scottish rates AND bands only apply to earned income. UK tax bands and rates apply to dividends.

    Scottish income tax rates and thresholds for 2019/20 – what do...
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    It’s not “VAT on VAT”. It’s “whatever you’ve...

    It’s not “VAT on VAT”. It’s “whatever you’ve agreed with the client to recharge for your expenses” + VAT.

    This could be the original VAT inclusive cost although I agree that most clients would...
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    What makes you think you’re “out of pocket” on...

    What makes you think you’re “out of pocket” on your expenses? Because you can’t directly reclaim the VAT? What do you think your flat rate surplus (the difference between the VAT you charge and the...
  46. Was this a business purchase? If it was it won’t...

    Was this a business purchase? If it was it won’t be covered by consumer rights law.
  47. IR35 can only apply if there is an intermediary....

    IR35 can only apply if there is an intermediary. If you are effectively self employed then there is no intermediary.
  48. Pro-tip: you don’t have to wait until the week...

    Pro-tip: you don’t have to wait until the week before the deadline to do your tax return. You’ve had 9 months!
  49. Your calculation doesn’t take into account...

    Your calculation doesn’t take into account payments already made on account as it is strictly a calculation of your liability for that year.

    If you click through to find your statements and...
  50. As above, the POAs due this Jan and July are for...

    As above, the POAs due this Jan and July are for the current tax year (19/20), not the next one.

    You should have a good idea of what your tax bill will be for this tax year with only a few months...
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