Search Results - Contractor UK Bulletin Board

Search:

Type: Posts; User: stonehenge

Page 1 of 10 1 2 3 4

Search: Search took 0.01 seconds.

  1. Replies
    4
    Views
    375

    Fake news. :tantrum:

    Fake news. :tantrum:
  2. Replies
    4
    Views
    375

    The Queen backs no-deal Brexit

    :banana::banana::banana::banana::banana::banana::banana::banana::banana::banana:
  3. Replies
    17
    Views
    770

    [QUOTE=WTFH;2675606]It's almost like 17.4million...

    [QUOTE=WTFH;2675606]It's almost like 17.4million people voted for no deal./QUOTE]

    No almost about it. They bloody well did. They just didn't know it at the time.
  4. Replies
    17
    Views
    770

    Death to opponents of no-deal

    Bedwetting, remoaning enemies of the people.

    Burn them all on a pyre of their comfort blankets.

    Make Britain great again.
    ...
  5. Replies
    178
    Views
    8,179

    You obviously didn't read the small print. It...

    You obviously didn't read the small print. It was absolutely binding and Leave always meant no-deal.

    There is a plan to deal with opponents of no-deal, code name "Final Solution".
  6. Replies
    14
    Views
    1,132

    You think no-deal will get this lot to SFTU?

    You think no-deal will get this lot to SFTU?
  7. Replies
    3
    Views
    243

    Brexit solves the obesity problem. :yay:

    Brexit solves the obesity problem. :yay:
  8. Replies
    15
    Views
    1,634

    If you do end up paying the loan charge, at least...

    If you do end up paying the loan charge, at least you didn't have any other UK income so a portion of the loans should fall in the nil and lower rate tax bands. You shouldn't have to cough up 40 or...
  9. Replies
    15
    Views
    1,634

    If I was living in a country where HMRC had...

    If I was living in a country where HMRC had little reach, I'd be tempted to keep my head down and ignore it.
  10. Replies
    15
    Views
    1,634

    The LC is treated as though you earned an income...

    The LC is treated as though you earned an income in the UK, in 2018/19, equal to the sum of your outstanding loans.

    No matter where you are in the world, you'll be required to pay UK tax on it.
    ...
  11. It looks like some schemes are now using...

    It looks like some schemes are now using cryptocurrencies instead of loans.
  12. Replies
    927
    Views
    203,666

    In that case not settling, and falling into the...

    In that case not settling, and falling into the LC, only makes any sense if you intend to fight.

    The OP is probably an unusual case. I expect, for the majority of people, the LC would work out...
  13. FTFY

    FTFY
  14. Replies
    37
    Views
    1,451

    I bet Trump has been watching Ice Cold Gold on...

    I bet Trump has been watching Ice Cold Gold on the Discovery Channel, and that's where he got the half-brained idea.
  15. Replies
    927
    Views
    203,666

    The OP (d70hef) only has closed years, so for...

    The OP (d70hef) only has closed years, so for him/her there is no risk. Paying the LC will be the end of the matter, and for him/her it works out cheaper than settling.

    Sure, for open years,...
  16. Replies
    123
    Views
    34,165

    This has got to be a sham, surely? What...

    This has got to be a sham, surely? What commercial financier would offer a loan (presumably unsecured, interest free) for a 0.5% fee? Unless actual money changes hands, I can't see HMRC accepting...
  17. Replies
    927
    Views
    203,666

    The legislation sets no time limit on how long...

    The legislation sets no time limit on how long cases can be left open. There's nothing to prevent HMRC putting cases on hold. (indefinitely :wink)

    And, they absolutely do this.
  18. Replies
    8
    Views
    1,597

    That's putting it mildly. Some think scheme...

    That's putting it mildly. Some think scheme users should be banged up in jail.
  19. Replies
    927
    Views
    203,666

    Maybe, eventually, whenever. If you seriously...

    Maybe, eventually, whenever.

    If you seriously believe that HMRC pursues all open cases through to closure, then you obviously don't know what I know.
  20. Replies
    64
    Views
    1,267

    If we get to mid-October and Parliament hasn't...

    If we get to mid-October and Parliament hasn't managed to block no-deal, then the EU might start taking it seriously.
  21. Replies
    42
    Views
    5,268

    Poll: Depends on the tax years. Year 2014/15, and...

    Depends on the tax years. Year 2014/15, and earlier, can't be opened because they are beyond the 4-year discovery window. Later years can still be opened.
  22. Replies
    19
    Views
    3,696

    I bet these chancers are playing a numbers game,...

    I bet these chancers are playing a numbers game, going for the easy pickings. Even if only a few punters fall for their scam they're quids in. If you don't engage they'll give up.
  23. Replies
    927
    Views
    203,666

    Are you being charged NI because it was a...

    Are you being charged NI because it was a self-employed scheme?

    You could pay the loan charge but, if at some point in the future HMRC defeat the scheme in court, they can come back to you for the...
  24. Replies
    14
    Views
    415

    If the £ keeps falling maybe we'll get loads of...

    If the £ keeps falling maybe we'll get loads of foreigners coming here and taking our houses.
  25. Replies
    6
    Views
    665

    Good comparison table of rates: Drawdown...

    Good comparison table of rates:

    Drawdown Equity Release Plans

    I doubt rates this low will be around in 10 years when we'd want to do it.
  26. Replies
    6
    Views
    665

    It's a few years off for us too, so interest...

    It's a few years off for us too, so interest rates could be different by then.

    Only looked at a couple of products but at around 4% they're not cheap compared with a normal mortgage. This one is...
  27. I doubt many EU citizens want to come here...

    I doubt many EU citizens want to come here anymore anyway. They know they're not welcome and the pound is shyte.

    The "movement" has probably virtually stopped without removing the "freedom".
  28. Replies
    6
    Views
    665

    Thanks for the response. Yes, we liked the...

    Thanks for the response.

    Yes, we liked the sound of that too. We wouldn't need a massive lump sum all in one go, just small amounts every few years.

    Re. interest only lifetime mortgage. With...
  29. Replies
    581
    Views
    34,552

    Volatility in the US stock market is on the rise,...

    Volatility in the US stock market is on the rise, tech especially.

    If you take a long term view (10 years) then it'll probably be ok, although I'd rather be a bit more diversified than holding one...
  30. Replies
    6
    Views
    665

    Equity release - anyone done this?

    Wife and I have no kids or surviving relatives, so anything left when we die will just go to charity. We've already paid off the mortgage.

    We will have 2 x full state pension (currently...
  31. Replies
    2
    Views
    1,162

    When to ask your MP for help

    MPs regularly deal with HMRC on behalf of constituents. In fact, I wouldn't be surprised if this makes up a fair % of their constituency work. (HMRC being the belligerent bullies that they are.)
    ...
  32. Thanks, yes it does, even though it's an old...

    Thanks, yes it does, even though it's an old document which predates the new SP.

    I suspect the £124.10, in my case, has been worked out under the old SP. (The pension you receive is the higher of...
  33. Making sense of State Pension statement

    I checked on-line.

    I've got 26 qualifying years.
    It says my current pension estimate is £124.10 per week
    It also says I need to contribute another 10 years to get the maximum £168.60 per week
    ...
  34. Replies
    5
    Views
    323

    This time is different.

    This time is different.
  35. Replies
    112
    Views
    18,698

    If they won't leave you alone, ask your Member of...

    If they won't leave you alone, ask your Member of Parliament to write to them.
  36. Replies
    12
    Views
    2,062

    Great answer.

    Great answer.
  37. Strictly speaking, it's not. That's the...

    Strictly speaking, it's not. That's the clever/sneaky part about it. And, even if it was retrospective, there's nothing prohibiting that.

    Going back 20 years is harsh. If nothing else, it...
  38. You think the woman on the radio, this morning,...

    You think the woman on the radio, this morning, wasn't telling the truth about her dad's death?
  39. What was the intent of Parliament, in 2000, when...

    What was the intent of Parliament, in 2000, when they enacted the anti-avoidance legislation IR35? Has the intent changed?

    Or was it that the original IR35 didn't achieve what was intended and...
  40. You mean like in Russia. :laugh

    You mean like in Russia. :laugh
  41. From 6 April 2020, all contractors will have to...

    From 6 April 2020, all contractors will have to pay their fair share. :tongue
  42. Arguably, Ltd is somewhere in the middle of the...

    Arguably, Ltd is somewhere in the middle of the spectrum between vanilla PAYE umbrella and schemes.

    Ironically, many of these schemes probably didn't net much more than Ltd because a lot of...
  43. :ladybags: :popcorn:

    :ladybags:

    :popcorn:
  44. Maybe the EU secretly wants no-deal? They...

    Maybe the EU secretly wants no-deal?

    They could do with Brexit turning out badly for us, otherwise it might encourage other countries to follow suit. The FUD only works if we end up in the shyte....
  45. Thread: Rebel Scum

    by stonehenge
    Replies
    11
    Views
    481

    52% voted for no-deal Brexit.

    52% voted for no-deal Brexit.
  46. Got you. Bit tight of them to charge TTP...

    Got you. Bit tight of them to charge TTP interest on the interest already accrued. Makes it even more expensive settling open years. :ohwell
  47. Can you explain this. Where does the 20 and 5/2...

    Can you explain this. Where does the 20 and 5/2 come from?

    If the 20 is the interest already accrued to date, I thought they didn't charge interest on interest?
  48. Example Open years £40k tax Closed years £60k...

    Example

    Open years £40k tax
    Closed years £60k tax
    Accrued interest to date £20k
    TTP over 5 years (60 months)

    Is it A or B?

    A
  49. Settlement TTP - does the interest only apply to open years?

    TTP interest is currently 4.25% (3.25% + 1%). From this post by Delendog, it sounds like the interest is calculated up front, for the duration of the agreed settlement TTP, and then added to the...
  50. Rearranging poops on the planet.

    Rearranging poops on the planet.
Results 1 to 50 of 500
Page 1 of 10 1 2 3 4