Search Results - Contractor UK Bulletin Board

Search:

Type: Posts; User: skysies

Page 1 of 3 1 2 3

Search: Search took 0.00 seconds.

  1. Replies
    83
    Views
    9,574

    Good news!

    I don't care what others are saying here, this is good news for us contractors, period!

    My client made a blank determination that all of the contractors are inside IR35.

    From April, I will...
  2. That's what you get for voting Brexit. No...

    That's what you get for voting Brexit. No sympathy here...
  3. I think he is not asking whether he will be...

    I think he is not asking whether he will be paying tax in the UK, but rather whether he will be declared outside IR35 with this "new legislation". My take however is that it will apply when your...
  4. Well, I think I can start the process before...

    Well, I think I can start the process before March 11.
  5. Well, the process lasts for a couple of months,...

    Well, the process lasts for a couple of months, right?
  6. MVL company liquidation before Budget next week

    I'm thinking of starting the liquidation process of my company before the entrepreneur's relief is abolished next week in the Budget.

    Will it make any difference if I start the process now?
  7. Do you need to establish a non-residency in the...

    Do you need to establish a non-residency in the UK for that to work? Working 3 days onsite in the UK will put you above the min number of days they allow, which is very few indeed.
  8. Don't count on Rishi to scrap IR35. Remember, he...

    Don't count on Rishi to scrap IR35. Remember, he is a stooge. Most likely, Dominic has already taken the decision to go all-out against contractors. They need the dough to finance their spending...
  9. That's said with irony, right?

    That's said with irony, right?
  10. You'll be surprised by the upcoming Brexit how...

    You'll be surprised by the upcoming Brexit how many more jobs will go to India...

    It still amuses me when I remember that almost 100% of the contractors (including the Indians) at my previous job...
  11. Replies
    2
    Views
    358

    Before you go into all those schemes, the first...

    Before you go into all those schemes, the first thing you should consider: if you starting working from your company in India, you will effectively become an exporter of services to Europe.

    I...
  12. Replies
    17
    Views
    1,150

    There is again confusion between being...

    There is again confusion between being non-resident in the UK for tax purposes and IR35. These two are NOT related!

    I think what he is trying to do is escape IR35 by working through an offshore...
  13. That's no more racist than someone voting...

    That's no more racist than someone voting Brexit...Or do I see double standards going on here?
  14. Replies
    17
    Views
    1,150

    You can NOT escape IR35 even if you meet those...

    You can NOT escape IR35 even if you meet those tests. If you work for a UK company, and spend time working in their UK offices, you need to pay tax in the UK. There's no way around it.

    The only...
  15. Replies
    17
    Views
    1,150

    The moment you set your foot in, you would be...

    The moment you set your foot in, you would be impacted by IR35. The rules I mentioned are about non-residency for tax purposes. You can be a non-resident and still inside IR35. That seems to be your...
  16. That may apply to a complete offshore model where...

    That may apply to a complete offshore model where he doesn't work a day in the UK. How about if he becomes a non-tax resident in the UK and comes here occasionally to work for his client?
  17. Replies
    17
    Views
    1,150

    To escape IR35, you would need to be almost 100%...

    To escape IR35, you would need to be almost 100% based offshore. Once you start coming to the UK, HMRC will be looking at the number of days you worked here.
  18. Sorry, but that's complete crap. If you fail the...

    Sorry, but that's complete crap. If you fail the overseas tests, you go to the UK tests. By fail, I mean you answer NO to the questions.

    If you pass, or answer YES, to the UK tests, you are...
  19. Seems there's a lot of hearsay and misleading...

    Seems there's a lot of hearsay and misleading information on that forum:ohwell

    The 90 days refer to the Automatic Overseas Tests. If you fail them, then you go to the Automatic UK Tests and...
  20. That seems like a dodgy scheme to me. All income...

    That seems like a dodgy scheme to me. All income generated in the UK should be taxed at source, meaning in the UK. The IR35 would also appy in that case. I just can't see how the UK client will...
  21. I'm not saying that residency and IR35 are...

    I'm not saying that residency and IR35 are related. In my opinion, it doesn't matter whether you work offshore through your LTD for a client based in the UK. Or whether you physically visit him for...
  22. Well, apparently if you have a second client,...

    Well, apparently if you have a second client, IR35 ceases to apply.
  23. Working 3 days in the UK office, the rest 2 days...

    Working 3 days in the UK office, the rest 2 days outside of the UK.

    How is that different from what you mentioned, i.e working 1 day per week in the UK?
  24. Ok, do you have any reference to this rule? My...

    Ok, do you have any reference to this rule? My accountant told me that I can't escape IR35, even if I become non-resident. However, PAYE won't apply in case I work as non-resident for more than 1...
  25. I'm not sure about that. I was told by my...

    I'm not sure about that. I was told by my accountant that if I become non-tax resident and continue working for my client in the UK, IR35 would still apply if I work for ONE client only.
  26. Can you tell me the umbrella? The ones I...

    Can you tell me the umbrella? The ones I contacted give a max of 52-53%.
  27. And maybe it's time you stopped posting that...

    And maybe it's time you stopped posting that useless crap, just to get the counter up? How that stupid post helps me?
  28. That 62% is not bad. I have kids, but don't claim...

    That 62% is not bad. I have kids, but don't claim the 30 hours. Which umbrella is that?
  29. Inside IR35 from April - Usual Take Home Pay from Legit Umbrella

    My client just told me that I'll be inside IR35 from April...

    What is the usual take-home pay % that I would expect from an umbrella that's NOT using any dodgy schemes?
  30. Replies
    15
    Views
    1,237

    Again, I'm interested in knowing what the tax on...

    Again, I'm interested in knowing what the tax on the DIVIDENDS will be. It seems the dividends are treated in a different way. The income tax on the salary should be paid in the UK. I get that.
  31. Replies
    15
    Views
    1,237

    That rule...I believe you can be a non-resident...

    That rule...I believe you can be a non-resident and still be a director of a UK company...
  32. Replies
    15
    Views
    1,237

    I'm aware of that, that's why I'm asking about...

    I'm aware of that, that's why I'm asking about 'disregarded income', which includes dividends and income form interest rates. They seem to treat dividends in a different way for non-tax residents.
  33. Replies
    15
    Views
    1,237

    Thanks for the reply. I really don't care if I...

    Thanks for the reply. I really don't care if I will work with a UK-registered company or a company registered in my country. As long as I can establish my status as non-tax resident in the UK it's...
  34. Replies
    15
    Views
    1,237

    Disregarded Income for Non-Tax Residents

    Hi,

    I'm planning on becoming a non-tax resident in the UK from next year. I will continue working through my limited company in the UK. I know the rules for becoming non-tax residents are quite...
  35. Replies
    13
    Views
    1,695

    I have been giving her the dividends for around 4...

    I have been giving her the dividends for around 4 years. Now it's a new accountant that recommended making her a director and paying her a salary. Btw, we are not married, hopefully that won't be an...
  36. Replies
    13
    Views
    1,695

    Well, I can definitely lower the salary if that...

    Well, I can definitely lower the salary if that doesn't seem justified. One main consideration is to qualify for the 30 hour free childcare. My wife has to work at least 16 hours a week on the...
  37. Replies
    13
    Views
    1,695

    [QUOTE=northernladuk;2638400]What is she doing to...

    [QUOTE=northernladuk;2638400]What is she doing to earn 12k a year?

    Well, doing some admin work like reconciling accounts, checking payments are on time, preparing my timesheets, etc. Not sure if...
  38. Replies
    13
    Views
    1,695

    Splitting shares with spouse- optimal setup

    Hi,

    My spouse has been getting 50/50 dividends since I started my company. Now my accountant recommended that I make her a company director and start paying her a salary up to £12,500 as that...
  39. Replies
    20
    Views
    4,912

    Care to recommend an accountant?

    Care to recommend an accountant?
  40. Replies
    20
    Views
    4,912

    What's your retention rate?

    Wondering how I compare with the rest of you regarding the retention rate. Simple facts: operating through an LTD, monthly business expenses of around £500 per month, all claimable

    My retention is...
  41. Replies
    46
    Views
    4,864

    Definitely the yearly one is much cheaper - with...

    Definitely the yearly one is much cheaper - with the expected ticket rise of %3.6 from Jan-18, if I buy now the yearly ticket I will directly save £41 per month, or £492 per year...

    For the tulip...
  42. Replies
    46
    Views
    4,864

    Ok, to wrap this up, it seems legit to claim a...

    Ok, to wrap this up, it seems legit to claim a monthly train ticket, if that's less than the daily tickets for the days I go to work...Still a bit unsure about claiming an yearly ticket though, as I...
  43. Replies
    46
    Views
    4,864

    Same here, generally happy with the service they...

    Same here, generally happy with the service they provided so far. But it's really annoying if I have to educate them for things I'm paying for...
  44. Replies
    46
    Views
    4,864

    Thanks mate, really appreciate it. Let us know...

    Thanks mate, really appreciate it. Let us know here what your accountants say.
  45. Replies
    46
    Views
    4,864

    The daily ticket is definitely more expensive...

    The daily ticket is definitely more expensive than the monthly, around 40% or so.

    Ok, then it seems the accountant got it wrong?:confused:
  46. Replies
    46
    Views
    4,864

    Monthly railway ticket- can this be expensed?

    My accountant told me that I can't really expense the monthly ticket, as this could also be used for personal purposes. Pro-rata won't work as well. That all came as a nasty surprise to me...

    I'm...
  47. Replies
    17
    Views
    3,291

    Meant with irony, anyway.. let's see how this...

    Meant with irony, anyway.. let's see how this unfolds in the coming months...
  48. Replies
    17
    Views
    3,291

    Have no idea who that guy is...Anyway, I'm trough...

    Have no idea who that guy is...Anyway, I'm trough a consultancy, not directly with the client. So hopefully, even if they implement IR35 in the private sector, it won't apply to cases like mine..
  49. Replies
    17
    Views
    3,291

    You couldn't have asked for a better time...Now...

    You couldn't have asked for a better time...Now with the political agenda shifting towards ditching austerity and Labour grabbing for power, putting IR35 inside the private sector would be an easy...
  50. Replies
    17
    Views
    3,291

    By foreign companies do you mean Indian? Cause I...

    By foreign companies do you mean Indian? Cause I guess we are unfortuantely all heading that way...
Results 1 to 50 of 119
Page 1 of 3 1 2 3