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  1. Replies
    16
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    4,473

    Really? I mentioned his name and was offered...

    Really?

    I mentioned his name and was offered complete immunity from IR35, or least a very frank comment on CUK each time I was to post a stupid question about it.



    (why are we not in General...
  2. Replies
    74
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    6,857

    The part in bold is complete and utter cr@p. ...

    The part in bold is complete and utter cr@p.

    But it won't stop medium/large corporations from moving to the offshore/onshore Indian model, because the number crunchers simply see £££savings and...
  3. Replies
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    820

    No problem, so long as the loan is repaid or...

    No problem, so long as the loan is repaid or written off before you start the liquidation process.
  4. Replies
    74
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    6,857

    I am planning to do the same too - there is no...

    I am planning to do the same too - there is no point working under constant stress and attack from our own government. Their policies have fried my brain.

    it beggars belief that the government...
  5. Thread: Which VPN?

    by ChimpMaster
    Replies
    0
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    145

    deleted

    deleted
  6. Replies
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    820

    Woah, be careful there. YOU need to understand...

    Woah, be careful there. YOU need to understand what you are doing because ultimately YOU are responsible, not your accountants. My advice would be to keep to one accountant - an accountant that is...
  7. Replies
    20
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    820

    No limit that I am aware of but make sure you...

    No limit that I am aware of but make sure you have enough in the IT company to cover outgoings and taxes.

    I made sure I was majority shareholder in both companies too.

    Note that an outstanding...
  8. Contracting is ruined. I can't believe you're...

    Contracting is ruined. I can't believe you're thinking of getting into this now. At £90k a year I wouldn't go contracting for less than ~£1k/day and even then I would question the merits.
  9. Replies
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    820

    I have done this. It's common and easy...

    I have done this.

    It's common and easy enough, but make sure you have an accountant that knows what he is doing.

    You don't need to charge interest.

    You don't need to make (regular)...
  10. My Tory MP is the same. Safe seat, doesn't bother...

    My Tory MP is the same. Safe seat, doesn't bother replying to any comms except the one template reply I got when I wrote to him about the LC. I tweet regularly too and he ignores everything. B@stard...
  11. Replies
    53
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    3,809

    I'm several years into the same contract and...

    I'm several years into the same contract and consider myself well outside IR35. My working conditions and actually having brought in a Sub (for a short time admittedly) would hopefully be enough of a...
  12. Replies
    5
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    426

    I had a sub come in to cover my absence for a few...

    I had a sub come in to cover my absence for a few days. He didn't have a company (he did in the past but is retired now) so I just asked him to invoice me under his personal name and then I paid the...
  13. Thread: ER Advice

    by ChimpMaster
    Replies
    8
    Views
    440

    Not a good idea as he'd have to pay the loan back...

    Not a good idea as he'd have to pay the loan back and then try to claw back the s455 tax.

    If you want to buy a house for yourself, then you will need to MVL to claim ER and then take a permie...
  14. Why the guys above said plus, do what you can to...

    Why the guys above said plus, do what you can to force your actual working practises out of IR35, like:-

    1. Get a substitute in for a short time.
    2. Arrange your working schedule so that it is...
  15. Sticky: I might be missing something, but - in reference...

    I might be missing something, but - in reference to historical investigation risk - the April 2020 determination only really matters if you believe you are within IR35 anyway. If you have taken steps...
  16. Replies
    14
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    681

    Looks amazing and only £145 at BT Business Direct...

    Looks amazing and only £145 at BT Business Direct - and I guess another £40 cashback on top of this too.

    Just seen that there is a laser version HP 7730, which might be better.
  17. Thread: Dilemma

    by ChimpMaster
    Replies
    24
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    1,430

    What are you worried about? The client (assuming...

    What are you worried about? The client (assuming private sector) won't have to put you under until April next year. They're probably just being proactive, which is more than can be said for my...
  18. This is a good point and it's likely that many...

    This is a good point and it's likely that many contractors and clients will get too comfortable the longer a contract runs.

    I've been wary of this, having been contracted to one client for a quite...
  19. Replies
    14
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    681

    Recommend a printer/scanner/copier

    Budget around £250 max I reckon, which would be a huge upgrade for me considering my previous Canon MG6150 was a cheap but good option.

    Something not too bulky either please.

    OEM cartridge...
  20. Replies
    11
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    1,690

    My understanding is that you don't have to submit...

    My understanding is that you don't have to submit if you have already sent Settlement details. This is clearly mentioned in HMRC's guidance. However, some advisors are recommending to submit.

    I am...
  21. Re: Condition D : "it is reasonable to assume...

    Re: Condition D : "it is reasonable to assume that the main purpose, or one of the main purposes of the winding up is the avoidance or reduction of a charge to Income Tax."


    Just for the interest...
  22. Replies
    112
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    18,919

    Send HMRC a letter, Recorded or Signed For. ...

    Send HMRC a letter, Recorded or Signed For.

    I've done that this week, because they have not replied to any of my emails since June. The staff who answer the phones don't have a clue as to what's...
  23. Replies
    72
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    11,934

    I got this same email today. It looks like a...

    I got this same email today. It looks like a blanket response to all people who are within the settlement process.

    It is very clear from the link that we do not have to report loans for the Sept...
  24. It's a valid question though. An inside-IR35...

    It's a valid question though. An inside-IR35 classification impacts the entire contract, all the more pertinent if you are on a long contract that crosses past the April payment threshold. This could...
  25. Replies
    72
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    11,934

    There's a link somewhere if you search - HMRC...

    There's a link somewhere if you search - HMRC have said that you don't need to report by Oct 1st IF you are in settlement negotiations with them already.
  26. Replies
    72
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    11,934

    Some good news today in that WTT and Keith G....

    Some good news today in that WTT and Keith G. have been invited by Sir AM to give evidence.

    The whole process of Review is never going to be perfect, but there are few better people who we could...
  27. I've never seen the draw of these mass-marketed...

    I've never seen the draw of these mass-marketed large accounting outfits. I know there are some good ones out there (and on this forum) but my preference is for the smaller and more personal...
  28. Replies
    72
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    11,934

    It depends how this information had come about. ...

    It depends how this information had come about.

    For example, in my case, HMRC first "estimated" (i.e. deliberately wildly exaggerated) my loan figures so that they were more than double my actual...
  29. Replies
    17
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    3,185

    Also makes it clear that if you are in...

    Also makes it clear that if you are in discussions for Settlement (and provided all info by April 5th) then the Oct 1st reporting requirement no longer applies.

    I hope I understood that correctly.
  30. Well in the end I didn't let the tail wag the...

    Well in the end I didn't let the tail wag the dog.

    I wasn't expecting much of an extension but I have been offered 12 months, though the client did make it clear that I am on a zero day notice...
  31. This has happened to hundreds of us, with the...

    This has happened to hundreds of us, with the obscene and completely wild guesses HMRC took on perceived loan receipts.

    "We are committed to treating all taxpayers with respect by taking...
  32. Replies
    72
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    11,934

    Excellent summary, thanks G. This part is...

    Excellent summary, thanks G.

    This part is where I am at and I was thinking how best to proceed and was going to email them. I will do that, as well as send a hard-copy letter by post.
  33. Is this enough to escape IR35 for your current...

    Is this enough to escape IR35 for your current and past contracts?
  34. Replies
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    19,142

    In PMQs, Boris mentioned a review and something...

    In PMQs, Boris mentioned a review and something about "what can be done to redress the situation". This was in response to Ross Thomson's question. No more details as yet but if there is a serious...
  35. This is where I am veering towards, perhaps even...

    This is where I am veering towards, perhaps even a 5 month extension. Payment terms are 2 weeks and these are met most of the time. It would be the easiest option to take right now and I don't have...
  36. Replies
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    4,786

    If they've applied for CLSO2, then just the...

    If they've applied for CLSO2, then just the online disclosure and not the tax return?
  37. My relationship is good/open but not direct to...

    My relationship is good/open but not direct to the legal team. And of course I want to put things in writing. I don't work on-site (any more) so I have little face-to-face chance to discuss this, but...
  38. Writing this to my client, in advance of April 2020

    Does this look OK, is it comprehensive or would you add/remove anything?

    -------------------------------

    Dear [Client Co director]

    [Client Co]’s contract with [MyCo] Ltd is due to expire on...
  39. Because they are ignorant, scared, uneducated,...

    Because they are ignorant, scared, uneducated, risk averse, uninterested, apathetic.

    Take your pick.

    I'm in a similar position to you and am due for renewal soon with a chance that the contract...
  40. OK this all sounds lovely and wonderful and in a...

    OK this all sounds lovely and wonderful and in a perfect world, large clients would hire tax specialist advisors or bring in tax consultants, and medium firms club together to share their costs and...
  41. Thanks, I had read that link but still there are...

    Thanks, I had read that link but still there are no criteria detailed, which clients will use to determine our status. Lots of references made to "rules", but where are those damned rules!!

    Surely...
  42. Where are the rules that clients will use to determine your IR35 status?

    Apologies if this info is on the forum somewhere but I've searched and read for hours but no joy. I've read the half-arsed government publications on this but still don't see the boundaries on which...
  43. Replies
    460
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    102,930

    Sticky: Open or closed years? If closed, did HMRC...

    Open or closed years?

    If closed, did HMRC change forward interest on your TTP arrangement? Because there have apparently been instances of them not charging interest on TTP if the years are...
  44. Sounds like you have an amazing life! PM me...

    Sounds like you have an amazing life!

    PM me and I'll give you my direct contact at Freelancer Financials - he's an awesome broker and has arranged at least a dozen mortgages for me over the years.
  45. Replies
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    1,415

    Obviously I cannot, but the feeling stands that...

    Obviously I cannot, but the feeling stands that the LC overrides everything we expect from the laws surrounding tax enquiry timeframes.
  46. Replies
    17
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    1,415

    Except that HMRC have overridden TMA 1970 by...

    Except that HMRC have overridden TMA 1970 by implementing the LC. Especially in reference to my earlier post, those with only closed years from > 6 years ago.
  47. Replies
    17
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    1,415

    Yes that much will always be true. Though one...

    Yes that much will always be true. Though one might imagine HMRC taking decades to get back to any open enquiries once they have their hands on the LC money.

    Also I wonder, there are many...
  48. Replies
    17
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    1,415

    Interesting, considering the apparent deadline is...

    Interesting, considering the apparent deadline is 31 Aug.

    I'm still waiting for a reply to queries I sent to HMRC in response to their initial CLSO "offer". They took 8 months to reply to my first...
  49. Replies
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    1,415

    Imagine the scenario: You: Hi HMRC, I want to...

    Imagine the scenario:

    You: Hi HMRC, I want to give you some money.

    HMRC: No thanks.


    Can't see that happening somehow!

    If you're keen to settle then just email and call them. They've...
  50. "On 16 July, the Paymaster General and Financial...

    "On 16 July, the Paymaster General and Financial Secretary to the Treasury, Jesse Norman, told the House of Lords Economic Affairs Committee that HMRC would not impose the charge on individuals in...
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