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  1. Replies
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    The FTPA was one of the stupidest pieces of...

    The FTPA was one of the stupidest pieces of legislation ever. Pretty much everyone with a passing interest in UK politics agrees.
  2. Replies
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    The chart was upside down.

    The chart was upside down.
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    Dedicate, say, one neuron to entrapping MojoDog...

    Dedicate, say, one neuron to entrapping MojoDog and one neuron to rewarding yourself with serotonin.
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    Such a shame. He was so close in a relative...

    Such a shame. He was so close in a relative sense. Like relative to the other end of the universe.
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    If you enjoy mocking cretins, MojoDog has some...

    If you enjoy mocking cretins, MojoDog has some spare time.
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    Don't take it personally, it's just that cretins...

    Don't take it personally, it's just that cretins are quite easily mocked and what else are we going to do? There's only so many massive objects in the universe to which we can relate MF.
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    Yes, mocking cretins does make us feel better...

    Yes, mocking cretins does make us feel better about ourselves. It's the small things in life, I guess.
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    We shouldn't be too harsh, though. Simon is...

    We shouldn't be too harsh, though. Simon is "self-made", which means he didn't spend very many years at school.
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    What percentage of Monaco domiciled accountants...

    What percentage of Monaco domiciled accountants are common or garden cretins?
  10. Replies
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    Yes, I think he has no idea :D

    Yes, I think he has no idea :D
  11. Replies
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    https://twitter.com/simondolan/status/133340874572...

    https://twitter.com/simondolan/status/1333408745725030403

    #prayforsimon
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    Or the right part, as it turns out.

    Or the right part, as it turns out.
  13. Replies
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    Narrator: it is. OP is screwed.

    Narrator: it is. OP is screwed.
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    Carry on my successful UK contracting business...

    Carry on my successful UK contracting business unaffected.

    HTH
  15. Right now? Most of them, I expect.

    Right now? Most of them, I expect.
  16. Replies
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    I don’t think he needs anything, especially. But...

    I don’t think he needs anything, especially. But if he wants to talk to someone about IR35, perhaps with a view to talking to the client, it shouldn’t be an accountant.
  17. I am sure there are some contractors facing hard...

    I am sure there are some contractors facing hard times that deserve some sympathy, but anyone that went nuclear almost the moment they lost their contracts back in Feb/March, not so much. I guess...
  18. It applies to the hypothetical contract that...

    It applies to the hypothetical contract that seeks to describe the reality of your working practices (WPs). In other words, if you sign a new contract and the WPs don't change, then the earlier...
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    Don't talk to your accountant about IR35. Talk to...

    Don't talk to your accountant about IR35. Talk to your accountant about your accounts. Talk to an IR35 specialist about IR35. Talk to a plumber about plumbing. Talk to an electrician about your...
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    Sure, everything goes in your SATR, including all...

    Sure, everything goes in your SATR, including all earnings from your employments. Obviously, if they push you into the higher or further rate bands, you’ll pay higher or further rate tax on any...
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    An umbrella employment is an employment so IR35...

    An umbrella employment is an employment so IR35 is irrelevant. Accountants don't manage your contracts (MSC legislation). You have a PAYE salary for one and a choice for the other (retain the funds,...
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    An expression of deep ignorance. Followed...

    An expression of deep ignorance.



    Followed by internal inconsistency.

    Weird.
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    Fwiw, I think a boom is coming, not in outside...

    Fwiw, I think a boom is coming, not in outside IR35 contract roles, but in work more generally. If you look at the savings ratio during the pandemic, there’s a lot of middle class people sitting on a...
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    In that case, you need to accept that you’re...

    In that case, you need to accept that you’re moving from inside to outside and the client needs to be onboard with that too. It all seems highly unlikely to me. The client is going to treat you how...
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    Sounds like pointless window dressing to me. IR35...

    Sounds like pointless window dressing to me. IR35 isn’t, and has never been, about words on paper. It’s about the hypothetical contract - what the relationship looks like, in the round, if you take a...
  26. Or a fully overseas supply chain :D Anyway,...

    Or a fully overseas supply chain :D

    Anyway, agree with eek that having multiple clients is a secondary factor or "in business" indicator and won't make much difference w/r to the status of a...
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    Yeah, probably.

    Yeah, probably.
  28. Replies
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    Most of these questions make absolutely no sense....

    Most of these questions make absolutely no sense.

    What do the contracts say about your working exclusively? It's what the proposed contracts say, not what some random internet guess generator...
  29. Not legal. End of story.

    Not legal. End of story.
  30. Replies
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    Challenger OV-099.

    Challenger OV-099.
  31. Thread: boomed

    by jamesbrown
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    What could possibly go wrong? To...

    What could possibly go wrong?






    To find out, folks, stay tuned to this thread.

    :D
  32. Anyway, yes, many people are in the same...

    Anyway, yes, many people are in the same situation or will be soon.
  33. Not at all. The intention is to increase tax...

    Not at all. The intention is to increase tax take. HMRC have no objections whatsoever to a change in company policy that achieves that. It’s called the intermediaries legislation for a reason. It...
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    :rollin:

    :rollin:
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    Subscribe to read | Financial Times...

    Subscribe to read | Financial Times

    :D
  36. Why would a client risk it when they don’t need...

    Why would a client risk it when they don’t need to? The SDS and the status disagreement process is an inviolable admin cost, regardless of any subsequent proceedings and regardless of outcome. That...
  37. Nope. There is a mandated client-led status...

    Nope. There is a mandated client-led status disagreement process and a client will need to defend any proceedings against them. For example, if they don’t respond within 45 days, they become the de...
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    That’s what they tell you when they lose your...

    That’s what they tell you when they lose your gold.
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    Negatives: You may be required to visit...

    Negatives:

    You may be required to visit Swindon.

    Their employees dress like extras from Mad Men.

    Gold will be worthless, according to an official chart from scootie.

    Positives:
  40. The updated ITEPA is enacted and comes into force...

    The updated ITEPA is enacted and comes into force from April 6 2021. So there is a law. By law, the client must issue an SDS, timely. An SDS is only an SDS when the client has taken “reasonable...
  41. Indeed. Any client operating a policy that is...

    Indeed. Any client operating a policy that is designed to minimise risk that doesn't simply apply a blanket ban on PSCs needs to have its head examined. You don't want the hassle of wrongful...
  42. Who?

    Who?
  43. Many will be in a similar situation, whether or...

    Many will be in a similar situation, whether or not they know it yet.

    But a policy against PSCs is not the same as a blanket determination w/r to IR35. This may seem like semantics, but it's...
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    Yeah, it's probably on another list.

    Yeah, it's probably on another list.
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    Does he earn over 25k?

    Does he earn over 25k?
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    I took mine a few weeks ago, not because I don't...

    I took mine a few weeks ago, not because I don't see the markets continuing to rise, but my profits were large and the picture is more complicated now, especially the currency risks (unless you're...
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    :D

    :D
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    The message for the "excluded" was something...

    The message for the "excluded" was something about quit yer whining.

    Cutting overseas aid, freezing ps pay.

    Maybe they'll u-turn on VAT/income tax/NI afterall.
  49. Long-term contracts are fine if you also run...

    Long-term contracts are fine if you also run short-term ones in parallel. Otherwise, pretty boring, I would’ve thought. One of the main benefits of contracting, other than the obscene amount of...
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    Blink once for "yes".

    Blink once for "yes".
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