Search Results - Contractor UK Bulletin Board

Search:

Type: Posts; User: malvolio

Page 1 of 10 1 2 3 4

Search: Search took 0.02 seconds; generated 52 minute(s) ago.

  1. Thread: IR35 Myths

    by malvolio
    Replies
    44
    Views
    11,565

    Sticky: Quite a lot. Scary that you don't know the...

    Quite a lot. Scary that you don't know the answers. Anyway...

    Ltd Co outside IR35 you are paid a lump of money into the company which you, as a director of that company, ban pay out in the most...
  2. Except it makes no sense. How can you have a...

    Except it makes no sense. How can you have a contract with a legal entity that no longer exists...?
  3. Blanket Determinations are illegal, they have to...

    Blanket Determinations are illegal, they have to be against an individual and a role.

    The determination is the client's responsibility, not yours. On that basis, they should pick up the bill,...
  4. That's what it says. Fascinating though -...

    That's what it says. Fascinating though - obviously they want the cover to be for the primary fee earning entity and not using a dormant/idle/non-trading/pretend company to hold insurance for other...
  5. Well that's going well. Best estimates put it...

    Well that's going well. Best estimates put it that overall tax income will go down by about £2.5bn a year as a result of these changes....
  6. Hmmm.... Have you been talking to JtB? And if...

    Hmmm.... Have you been talking to JtB?

    And if your "client" has decided not to use PSC contractors for their own reasons and so hasn't made a determination of any kind...?

    And your basic...
  7. Replies
    29
    Views
    2,965

    Actually I come from a 20+ year business...

    Actually I come from a 20+ year business consultancy background with the occasional foray into big project delivery. Agile has little place in my world, and where it is used by teams subordinate to...
  8. Rather depends what your day rate is.. About...

    Rather depends what your day rate is..

    About 35% seems to be the average plus any expenses you will be losing. But since most clients seem to be cutting rates to recover the ErNICs i wish you...
  9. No, but they have a very close association with...

    No, but they have a very close association with one. QDOS Accounting offer a range of services, including one that uses YourCo...

    Then again go far enough up the tree and you end up with
    a...
  10. Pointless, really, but basically not a problem....

    Pointless, really, but basically not a problem. IPSE membership is not necessary unless you have a business to protect and other than CT is a perfectly acceptable cost that is not a BIK. So either...
  11. Nonsense. It's better to keep quiet and be...

    Nonsense.

    It's better to keep quiet and be thought a fool than to speak up and prove it.
  12. Thread: QDOS

    by malvolio
    Replies
    7
    Views
    735

    Or IPSE, who also use Merkel and don't impose...

    Or IPSE, who also use Merkel and don't impose conditions other than the reasonable one of the case having a realistic chance of a win.
  13. Replies
    13
    Views
    870

    Yeah, let's think about that. £300-ish for around...

    Yeah, let's think about that. £300-ish for around £1200 of various insurance products plus discounts on other stuff vs £100-ish for IR35 investigation insurance and reviews that are about to stop...
  14. He may be getting confused. IPSE membership is...

    He may be getting confused. IPSE membership is not offsettable (?) against CT becuase for that to happen IPSE would have to register all its members with HMRC (there's a long legal history behind...
  15. Replies
    13
    Views
    870

    What NLUK said, and remember Plus covers any...

    What NLUK said, and remember Plus covers any taxation query, not just IR35.

    PEI is what you're asking about, cover for the expenses of an investigation and expert assistance
  16. Replies
    13
    Views
    870

    In that case, IPSE is a no-brainer, commercially....

    In that case, IPSE is a no-brainer, commercially. Very little to choose between them in terms of PEI success rates.

    IMVHO...
  17. Replies
    29
    Views
    2,965

    Day Rates come out ofdiffernt budgets to...

    Day Rates come out ofdiffernt budgets to salaries, so this isn't really an FTC in the traditional sense, although it has all the same benefits. Interesting concept though.

    However in another way...
  18. Replies
    16
    Views
    2,205

    Work it out. What will it cost YourCo to do the...

    Work it out. What will it cost YourCo to do the contract. What do you need in your bank account at the end of the month to pay the bills. Add 40% to cover the taxes. Add the cost of travel and...
  19. Replies
    8
    Views
    319

    Yes, agreed, and something 90% of contractors...

    Yes, agreed, and something 90% of contractors have never understood. But for the purposes of clearance, use the self-employed tag. It's what I've done all eight times (count them...) I've been...
  20. Anyway.... You can't opt in, you are in unless...

    Anyway....

    You can't opt in, you are in unless you opt out. Opting out requires you tell the agency before the client knows who you are to be 100% sure it is valid. However most (all?) agencies...
  21. If someone tells someone else that their actions...

    If someone tells someone else that their actions will adversely affect thousands of people, dont you think it would have rather more impact if a few thousand said the same thing independently?
    ...
  22. Sorry but you are a little out of date. The opt...

    Sorry but you are a little out of date. The opt out is actually irrelevant since what actually happens is that agencies will refuse to trade with companies who are not opted out. Just like avoiding...
  23. Replies
    19
    Views
    1,212

    We don't care about the draft legislation. what...

    We don't care about the draft legislation. what is actually happening is companies are saying they won't deal with PSCs. End of. The draft and ultimately real legislation simply doesn't matter, the...
  24. Replies
    19
    Views
    1,212

    I disagree. The whole point is that the YourCo is...

    I disagree. The whole point is that the YourCo is a vehicle with no purpose other than avoiding tax (or, more accurately, NICs). There is no reason to pay YourCo so it can immediately pass it on to...
  25. Replies
    7
    Views
    373

    Yes i know. But that is the exception; you...

    Yes i know. But that is the exception; you shouldn't be advertising it as standard practice or including it in illustrations.
  26. Replies
    7
    Views
    373

    This has been written elsewhere, and may be...

    This has been written elsewhere, and may be germane to this thread as well...



    1. Use an FCSA member/compliant company
    2. Use one that charges a flat fee, not a percentage of day rate
    3. Use...
  27. Replies
    10
    Views
    371

    Perhaps you need to pay closer attention to...

    Perhaps you need to pay closer attention to what's going on. For the rest of this year, w're still paying our usual subs to the EU, on the back of existing commitements. Ask that question this time...
  28. Don't be naïve. It's Germany and France against...

    Don't be naïve. It's Germany and France against the UK. The other 25 are irrelevant, even the ones who have something of a working economy. Germany and France are scared they're going to have to...
  29. Replies
    7
    Views
    375

    I didn't think Employers' NICs had a threshold,...

    I didn't think Employers' NICs had a threshold, only Employees and was a flat 13.8% of gross.

    ICBW... :igmc:
  30. Replies
    61
    Views
    1,912

    Must admit I'm unclear about what personal data...

    Must admit I'm unclear about what personal data the site will hold. Looking at my profile I can't see anything that relates to the real me, and all I recall giving the site when I first joined was my...
  31. Replies
    10
    Views
    337

    Surely the point is to get the shareholders out...

    Surely the point is to get the shareholders out of the loop, lose the focus on paying dividends and directors' salaries and impose better controls on investement. The franchise will go back on sale...
  32. Replies
    15
    Views
    1,764

    Well yes, it is a stupid question, you're...

    Well yes, it is a stupid question, you're supposed to know these kinds of basics :smile

    Anyway, it is net pay to you personally. Which means any pension funding is coming out of your taxed...
  33. Replies
    30
    Views
    1,314

    I beg to differ. The OP was about the unions not...

    I beg to differ. The OP was about the unions not reacting to the threat to the rights of workers moved from employment to inside-IR35 status so losing all their usual rights and protections. Someone...
  34. Replies
    30
    Views
    1,314

    Of course I know the numbers are falling. But if...

    Of course I know the numbers are falling. But if you are a member, hanging on for another year would seem to be a sensible option right now, just in case this whole off-payroll bollocks goes tits up...
  35. Replies
    30
    Views
    1,314

    I thought it was fairly obvious. They've...

    I thought it was fairly obvious. They've diversified into a market of 5m potential members as opposed to 300k or so, and widened their services. The core business of tax protection remains in place,...
  36. Replies
    30
    Views
    1,314

    Yep, you're wrong.

    Yep, you're wrong.
  37. As a rule of thumb, don't go with any umbrella...

    As a rule of thumb, don't go with any umbrella that charges a percentage of your rate. They all have the same work to do, so should be charging about the same amount regardless of your gross.
    ...
  38. And equally importantly, what does it say about...

    And equally importantly, what does it say about conditions for payment on completion?
  39. Why not...?

    Why not...?
  40. Thread: Happy Rat

    by malvolio
    Replies
    19
    Views
    610

    Both bubonic and pneumonic plagues are still out...

    Both bubonic and pneumonic plagues are still out there. Thing is we are descended from people who survived it
  41. Replies
    18
    Views
    1,315

    Or its's simply HMRC sticking to their policy...

    Or its's simply HMRC sticking to their policy that people's tax affairs are strictly confidential and will not be publicised...?
  42. Replies
    18
    Views
    1,175

    He is an officer and shareholder of his company,...

    He is an officer and shareholder of his company, I very much doubt he is an employee.
  43. Replies
    18
    Views
    1,315

    It's not just presenters. I know seven people who...

    It's not just presenters. I know seven people who work behind the camera in various roles: to a man (and one woman) they were binned as permies and told to go contracting ten or more years ago. And...
  44. The problem is that paying the correct tax is...

    The problem is that paying the correct tax is down to the individual. It doesn't matter that you trusted your advisor to tell you the right amounts, it's still your responsibility

    There is a...
  45. Thread: Dr Who 2020

    by malvolio
    Replies
    86
    Views
    4,362

    CBA to watch any more. If Chibnall can only move...

    CBA to watch any more. If Chibnall can only move the plot forward by stopping everything for some (shouted and usually incomprehensible) explanation from the Doctor, then he needs to go back to...
  46. Replies
    42
    Views
    2,210

    Except, as far as IR35 defence is concerned, it...

    Except, as far as IR35 defence is concerned, it is not a substitute unless the new worker is working to the existing contract in its entirety under the exact same rates and Ts&Cs and for the original...
  47. Replies
    18
    Views
    1,315

    However it is not really an issue them using PSCs...

    However it is not really an issue them using PSCs if both Vine and Ackroyd are working inside IR35. Given the £400k is quoted as being taxable income, it would seem they are.
  48. Precisely why i said get it in writing, ideally...

    Precisely why i said get it in writing, ideally with your objections
  49. Replies
    39
    Views
    1,359

    To be fair, there's nothing in the Guardian...

    To be fair, there's nothing in the Guardian worthy of discussion, full stop....

    But in this case I side with Fox. Being equal, be it colour, race, sexual preference or shoe size, does not mean...
  50. Well yes, probably not, although in my work i'm...

    Well yes, probably not, although in my work i'm being interviewed as a senior external consultant and therefore rather expected to be giving advice and guidance...

    I agree with others though;...
Results 1 to 50 of 496
Page 1 of 10 1 2 3 4