Search Results - Contractor UK Bulletin Board

Search:

Type: Posts; User: Fred Bloggs

Page 1 of 10 1 2 3 4

Search: Search took 0.01 seconds; generated 26 minute(s) ago.

  1. Replies
    5
    Views
    485

    A somewhat inevitable post given recent...

    A somewhat inevitable post given recent happenings here. Agree or disagree, CUK is now a lesser place at least for the near term. Just to be clear, I have no issues in the tax avoidance space nor any...
  2. Good question. I don't fully understand how it...

    Good question. I don't fully understand how it works, but there are hoops to jump through in order to be called a coop. That's enough for me to know. I see nothing sinister. More than can be said for...
  3. You have no evidence to support this assertion of...

    You have no evidence to support this assertion of obfuscation? Incorporation for a Coop is apparently perfectly normal -

    5.1 Choosing to incorporate | Co-operatives UK
  4. Poll: I think you already know that's simply not true...

    I think you already know that's simply not true as long as things posted are kept honest, truthful and non-defamatory.
  5. Well........ They do claim to be members here. ...

    Well........ They do claim to be members here.

    Co-operatives UK

    How that actually works with the claims of being "employee owned" I don't know because clearly the Ltd Co is controlled by WTT...
  6. You don't have to look far to see the cooperative...

    You don't have to look far to see the cooperative angle. I understand there to be hoops to jump through to be able to make that claim. How that squares with the Ltd Co angle, I have no idea but it is...
  7. Be careful, you know what they say about assuming...

    Be careful, you know what they say about assuming things.
  8. My bold, check here - THE CONTRACTOR...

    My bold, check here -

    THE CONTRACTOR CO-OPERATIVE LIMITED - Officers (free information from Companies House)
  9. Replies
    151
    Views
    10,592

    Absolutely agree with you. But you'll never know...

    Absolutely agree with you. But you'll never know the truth unless you meet them in a pub, get them a bit tipsy and they tell you. And I doubt that will happen.
  10. Replies
    151
    Views
    10,592

    On the assumption that ETC Tax is an otherwise...

    On the assumption that ETC Tax is an otherwise reputable company, and given the corkscrew like tactics displayed by protagonists throughout these sorry episodes - Perhaps ETC Tax may have been misled...
  11. Such a shame such thought and tenacity isn't...

    Such a shame such thought and tenacity isn't applied to business activity that not only enriches an individual at the expense of others but contributes to well being of the country as a whole. Very...
  12. Emails or snail mail? I think an SD would have to...

    Emails or snail mail? I think an SD would have to be delivered snail mail?
  13. My mistake then.

    My mistake then.
  14. Obviously not, but the allowance can be carried...

    Obviously not, but the allowance can be carried over to offset as much as possible for the current year up to £120,000 available to off set taxable earnings.
  15. Generous contribution to a pension may help limit...

    Generous contribution to a pension may help limit the damage here, I should think?
  16. Replies
    34
    Views
    1,735

    Assuming the MPAA is not triggered the answer is...

    Assuming the MPAA is not triggered the answer is a qualified yes. The qualification bring that there are recycling rules that prevent a double dose of tax top up. It's complicated so you need to...
  17. That's a fairly easy one to answer, just consult...

    That's a fairly easy one to answer, just consult the DTA.
  18. Replies
    34
    Views
    1,735

    Drawing the 25 per cent tax free does not trigger...

    Drawing the 25 per cent tax free does not trigger MPAA. Spend it on cocaine, hookers or daffodils. No difference.

    Draw down even 1p in income after taking the 25 per cent and you trigger the MPAA.
  19. Replies
    34
    Views
    1,735

    There's three separate conditions there. None of...

    There's three separate conditions there. None of them trigger MPAA. You just quoted the first one. The third one, as someone else mentioned, is a small pot withdrawal. The second condition is the one...
  20. Replies
    34
    Views
    1,735

    Here is a good explanation. Note that the trigger...

    Here is a good explanation. Note that the trigger for MPAA is taking an income. Drawing the 25 per cent tax free sum and no more, you are not taking an income.



    Money Purchase Annual Allowance...
  21. Replies
    34
    Views
    1,735

    Correct, with the caveat that you can do it three...

    Correct, with the caveat that you can do it three times and only upto £10000 each time.
  22. Replies
    34
    Views
    1,735

    1 Yes. 2 Yes you can, but it triggers the MPAA...

    1 Yes.

    2 Yes you can, but it triggers the MPAA that you alluded to in your first post. If you intended paying more into any SIPP, you really mustn't trigger MPAA.
  23. Replies
    15
    Views
    2,553

    Sticky: Best perhaps, to ask yourself why you don't think...

    Best perhaps, to ask yourself why you don't think you'll have to repay the loan you signed up for?
  24. Replies
    34
    Views
    1,735

    You can only do that three times and each time it...

    You can only do that three times and each time it is limited to £10,000. As per normal drawdown, £25% of it is tax free with the rest taxed at your marginal income tax rate.
  25. Replies
    34
    Views
    1,735

    You can draw your 25% and it won't trigger money...

    You can draw your 25% and it won't trigger money purchase annual allowance (MPAA). Take even 1p more than the 25% and the MPAA is triggered.
  26. How weird. I'd have never guessed it could be so...

    How weird. I'd have never guessed it could be so easy to bankrupt someone with a made up debt in the UK.
  27. It seems odd that it would be used to legitimise...

    It seems odd that it would be used to legitimise a debt? Anyone could threaten anyone else with a made up debt and make it a legitimate debt through an SD? This seems very odd to me, but the whole...
  28. Turning up the heat.

    Turning up the heat.
  29. I think Ramsay principle also applies here? There...

    I think Ramsay principle also applies here? There is no purpose to the transactions other than reducing or avoiding tax. HMRC will set aside the unnecessary or sham business transactions and judge...
  30. My bold. Even three minutes on Google will...

    My bold. Even three minutes on Google will educate you enough to decide what the answer is to that question. I just did so myself.
  31. This person is going to get him/herself in a very...

    This person is going to get him/herself in a very great deal of pain if they don't go out there and get some proper professional advice. As I said, I am not an accountant or a tax expert for that...
  32. Who's going to explain to him/her?

    Who's going to explain to him/her?
  33. OK, I am not an accountant. What is the...

    OK, I am not an accountant. What is the commercial purpose of those transactions?
  34. I don't see a big problem here. A genuine...

    I don't see a big problem here. A genuine explanation and apology will nark the agency but they have seen it a thousand times before. I quit a gig on the morning of the third day. I went in to work...
  35. It's fairly simple, download the double tax...

    It's fairly simple, download the double tax treaty and do what it says. the DTA over rides national law.

    Malta: tax treaties - GOV.UK

    The section you want is called Article 10.
  36. Not only that, it appears to me that if this were...

    Not only that, it appears to me that if this were a game of poker, they would be very tough to second guess. What ever hand they are holding they are playing extremely well. Such a shame this degree...
  37. Good decision and good to hear you are perhaps a...

    Good decision and good to hear you are perhaps a little less desperate feeling than before you posted. Good luck.
  38. The answer to that question goes a long way to...

    The answer to that question goes a long way to understanding the answers to the other points you made too.
  39. Replies
    923
    Views
    264,283

    Sticky: Plan is to carry on as normal. Investing when I...

    Plan is to carry on as normal. Investing when I have cash available. Seems like the only reasonable course of action since nobody knows what's going to happen. So stick to the plan is my plan. If you...
  40. Oh dear, I think you need paid for help. I don't...

    Oh dear, I think you need paid for help. I don't think you are going to get a definitive answer here. Your issue looks very complex and perhaps even unique to yourself?
  41. Replies
    38
    Views
    4,420

    Thanks, I couldn't find anything relevant at...

    Thanks, I couldn't find anything relevant at Companies House either. I too noted the anonymous domain registrations.
  42. Replies
    38
    Views
    4,420

    Too late, but about time something happened.

    Too late, but about time something happened.
  43. Replies
    38
    Views
    4,420

    More importantly zero contact details apart from...

    More importantly zero contact details apart from a form submission. It stinks to high heaven. I am amazed people still clearly do sign up to such nonsense.
  44. Replies
    38
    Views
    4,420

    Indeed, where did we read this before? "Best...

    Indeed, where did we read this before? "Best retentions in the industry, up to 90%".
  45. Replies
    16
    Views
    804

    Thanks for confirming. None of what I said...

    Thanks for confirming. None of what I said applies to you then. It (DASP) applies to non Oz nationals working in Oz on a visa, like I was. Cheers.
  46. Replies
    16
    Views
    804

    If you are making that as an assumption, I think...

    If you are making that as an assumption, I think you ought to recheck your assumption. Admittedly, it is not a simple area but I do know that entitlement to DASP is time limited. It may also...
  47. Replies
    16
    Views
    804

    Since the OP will likely be leaving Oz soon, if...

    Since the OP will likely be leaving Oz soon, if he/she isn't old enough to have the super fund pay out, then he/she will need to apply for DASP. Departing Australia Superannuation Payment. They tax...
  48. Replies
    16
    Views
    804

    You get six weeks to find a job/another sponsor...

    You get six weeks to find a job/another sponsor before they withdraw your visa, otherwise you're out, yes. The UK could learn a lot from the way things run in Oz.
  49. Replies
    16
    Views
    804

    Yes, everything you are paid including super fund...

    Yes, everything you are paid including super fund (pension) contributions are reported to ATO. When you submit your tax return after June 30th, ATO has already populated it for you. They already know...
  50. Replies
    16
    Views
    804

    No there isn't. If you are in Australia earning...

    No there isn't. If you are in Australia earning money you must pay tax to ATO. My advice is not to play fast and loose with ATO. They can be at least as aggressive as HMRC.
Results 1 to 50 of 490
Page 1 of 10 1 2 3 4