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Type: Posts; User: Lance

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  1. Replies
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    you'll catch more flies with honey than with...

    you'll catch more flies with honey than with vinegar :p
  2. Replies
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    depends what's on your timesheet as that's how...

    depends what's on your timesheet as that's how they determine what to pay you.
    See if they'll sign it with those 3 days on. Don't be surprised if they tell you to F*** off.
  3. the client gets another week or two for free...

    the client gets another week or two for free though
  4. Replies
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    why is it that anyone who bags on like or...

    why is it that anyone who bags on like or similar, and then goes on to describe their idiotic vision, has clearly NEVER ACTUALLY READ 1984???
  5. :spel whooping But yes I agree. I'll be at teh...

    :spel whooping

    But yes I agree. I'll be at teh front of the queue.

    It seems that many people have forgotten what real sickness actually is like.
    I've never had flu and I really don't want it....
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    get an accountant. To move from...

    get an accountant.


    To move from self-employed to running a LTD., with a frankly staggering lack of knowledge of the most basic personal tax self-assessment requirements, means you really needs...
  7. oxymoron alert

    oxymoron alert
  8. Replies
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    you could work at risk. Don't bother backdating...

    you could work at risk.
    Don't bother backdating the contract, just get verbal agreement that you bill for the work done once you have a contract in place.
  9. Thread: MVL alternative?

    by Lance
    Replies
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    1,338

    No it doesn't. cessation of trade is not the...

    No it doesn't.

    cessation of trade is not the same as, nor does it require, the company to be wound up (it's up not down).

    Details are important as these words have legal meaning and definitions.
  10. Thread: MVL alternative?

    by Lance
    Replies
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    1,338

    This ^^^^^ and there are rules around that...

    This ^^^^^
    and there are rules around that decision and what HMRC consider to be reasonable.
  11. Sounds like the client is in trouble. Start...

    Sounds like the client is in trouble.
    Start looking for other work.

    Rescuing this with another agent might sound attractive, and it's worthwhile pursuing, but if the client hasn't paid agency A...
  12. Thread: MVL alternative?

    by Lance
    Replies
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    1,338

    Wow. Local accountant? Have you asked for a...

    Wow. Local accountant?
    Have you asked for a second opinion from someone else in the same practise?
  13. Thread: MVL alternative?

    by Lance
    Replies
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    1,338

    MVL alternative?

    It depends on whether the company is solvent and can afford the salary. If it is, and it can, then it should (assuming no other salary).

    Sounds like you need a new accountant. Or you need to...
  14. in a museum?

    in a museum?
  15. or go really old. There's still demand for...

    or go really old.
    There's still demand for mainframe legacy skills for example.
  16. Replies
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    she's a director. Accountant says all good. ...

    she's a director.
    Accountant says all good.

    As for lumping them all at the year end. Not ideal but timings....
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    Amazon vouchers. As good as cash to be honest the...

    Amazon vouchers. As good as cash to be honest the amount I spend with Amazon.
  18. Replies
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    haha.. No. Sundries. As the accountant asked....

    haha.. No. Sundries. As the accountant asked. I've titled it trivial benefit though.
  19. Replies
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    that's what my accountant said. Not sure if it's...

    that's what my accountant said.
    Not sure if it's company year or personal year though. So I'll wait till April and setup a standing order.
    I did 12 payments of £50 (2 x directors)
  20. Replies
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    just started The Man in High Tower. I normally...

    just started The Man in High Tower.
    I normally avoid alternative history programmes, but this is based on a Philip K. Dick book so I started and am enjoying it.
  21. that article contoans this nugget Do you...

    that article contoans this nugget


    Do you agree with IR35 reforms then as that will improve equality?

    #tongueincheek
  22. I agree with this but I'm not sure I have the...

    I agree with this but I'm not sure I have the answers.
    Brexit protectionism is a sham as all it will do is protect the lowest grade numbskulls.

    The wealthy will always remain wealthy. Always have...
  23. depends who in the IT industry you mean? If...

    depends who in the IT industry you mean?

    If you mean consultancies then it does.
    If you mean clients then it does.
    If you mean workers already in the UK then it doesn't.
  24. I'm neither defending him, nor suggesting what...

    I'm neither defending him, nor suggesting what he's done was wrong. You read too much into what I said. I just think that suggesting he is acting or pure self interest is not matched by the facts.
    ...
  25. Replies
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    they're not blurred though. I have a clear...

    they're not blurred though. I have a clear delineation in my accounting records.

    The payment method used is whatever is most convenient (ahem). and as I don't have a company credit card, personal...
  26. Replies
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    Yes. You want cashback in your personal...

    Yes.

    You want cashback in your personal account. It's about the only legitimate (probably) way to siphon cash these days.
    It's one reason to use personal cards and claim back.

    But yes it's...
  27. by delaying it?????

    by delaying it?????
  28. it will improve with each subsequent pay packet....

    it will improve with each subsequent pay packet. As each one comes through it gets closer to year end and the correct number.
    I would ask them why you have the emergency code though. If you've...
  29. It would be barely credible if Rishi had...

    It would be barely credible if Rishi had introduced IR35 rather than Gordon Brown.
    All Rishi has done is delay implementation of private sector reforms. Hardly a move done purely for self-interest.
  30. Rubbish. That’s not how PAYE works. It’s all...

    Rubbish.
    That’s not how PAYE works. It’s all about total paid at a point in time.
  31. Thread: IR35 Confusion -

    by Lance
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    I’ve got £5 that says he asked them different...

    I’ve got £5 that says he asked them different questions.
  32. The agency don’t choose your tax band. Not does...

    The agency don’t choose your tax band. Not does lumping 4 weeks into 1.
    Your tax is calculated using PAYE. It automatically calculates the tax based on the week in the year, and the total amount...
  33. That’s what I thought. But my public sector...

    That’s what I thought.
    But my public sector client, for whom I have two distinct pieces of work, and has provided an outside determination, still wants to run it though an agency.

    I think the...
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    Like using email to run all business functions?

    Like using email to run all business functions?
  35. Thread: Expenses via PSC

    by Lance
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    Be careful with this though. If you only develop...

    Be careful with this though.
    If you only develop for clients and they provide the test environment you’ve lost your justification.
    It’s one reason I always use my business devices for proof of...
  36. Thread: Expenses via PSC

    by Lance
    Replies
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    Well if your current laptop fails how you gonna...

    Well if your current laptop fails how you gonna email the accountant to ask him without a new laptop.

    I think he’s wrong. But then again there still needs to be some business consideration. If the...
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    FOG

    FOG
  38. Replies
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    What do you mean by class b shares? You know...

    What do you mean by class b shares?

    You know that the class letter is arbitrary don’t you?
    Shares are shares. If there’s only one class of shares then they denote ownership.

    What are you...
  39. Thread: Agency Margins

    by Lance
    Replies
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    Market rate £350 Agent rate £420 Agency margin...

    Market rate £350
    Agent rate £420
    Agency margin = 16% (70/420). A little on the high side but not eye watering.

    It's a 20% mark-up though. Take care not to confuse mark-up with margin. They are...
  40. pedantry time again. I think it does make it more...

    pedantry time again. I think it does make it more likely.

    Chances of being found to have been inside all along if you're not investigated is zero.
    If you are investigated the chances increase...
  41. indeed. Hence the ban on PSCs. I think we're...

    indeed. Hence the ban on PSCs.
    I think we're agreeing in a roundabout fashion :)
  42. the thing is, how many contractors can afford to...

    the thing is, how many contractors can afford to have that fight?
    I cannot see IPSE spaffing the money to sue a client either.
  43. I'm not sure it's illegal. It's not lawful (in...

    I'm not sure it's illegal.
    It's not lawful (in that the legislation says they shouldn't) but that's not the same as illegal.
    Strictly speaking it's neither till it's been tested, but the latter...
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    Get the contract reviewed first up. Then...

    Get the contract reviewed first up.

    Then determine whether the client is large enough such that they make the determination post April.
    If they are then you may want to check, after you get your...
  45. Thread: Agency Margins

    by Lance
    Replies
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    3,589

    Are these the parasites that found you the gig?...

    Are these the parasites that found you the gig?
    Just asking as I think that to be a parasite there is no two-way relationship.
    If of course they did some work, matched you and the client, and...
  46. The overseas aid budget was in the manifesto as...

    The overseas aid budget was in the manifesto as well.

    Maybe they’re just knocking over the easy manifesto items, before they raise VAT and income tax basic rate.
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    unless there's a really compelling reason to move...

    unless there's a really compelling reason to move then stay with the same lender and take their better offer.

    And a reminder..... Check the fees for new mortgages. A very low rate, with a large...
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    Oh yes..... You have missed something indeed....

    Oh yes.....
    You have missed something indeed.
    You quit before you had somewhere else to go.

    In my experience very few HR departments will inform a line manager.
    In my experience you’re far...
  49. Replies
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    What on earth made you think you needed to quit...

    What on earth made you think you needed to quit your job in order for them to verify your current employment??

    waiting for client sign off means waiting for client to agree you’re the right...
  50. Well.... if you put it like that.... Job’s...

    Well.... if you put it like that....
    Job’s buggered then I reckon.
    Penury and servitude for the foreseeable.

    It’s almost as if people don’t take their responsibilities seriously when starting a...
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