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  1. Replies
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    1,277

    Haha, no worries :)

    Haha, no worries :)
  2. Replies
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    1,277

    It is true that financial institutions don't...

    It is true that financial institutions don't charge VAT to their customers and so any VAT charged to them is a cost that they won't have to bear if they cease to engage contingent workers through...
  3. Hahaha, it's actually given me the opportunity to...

    Hahaha, it's actually given me the opportunity to fix some issues and connect with a few clients directly which is always positive.
  4. Hello, Again I am disappointed to hear that...

    Hello,

    Again I am disappointed to hear that your experience hasn't been a good one and would love to discuss this with you and help to find a resolution.

    Please email or call me directly so...
  5. Hi, You could close your company through MVL...

    Hi,

    You could close your company through MVL and apply ER to the capital gain provided you meet the criteria AND don't return to carrying on the same, or a similar trade or activity through...
  6. I would love the opportunity to discuss the level...

    I would love the opportunity to discuss the level of service that you have been receiving, what your experience has been and explore ways for us to resolve this for you.

    Please feel free to...
  7. Replies
    14
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    1,101

    Not quite, if those three friends were still...

    Not quite, if those three friends were still engaging with clients in the same way then the same rules would still apply to each engagement. If that company however were engaged to deliver a product...
  8. Replies
    14
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    1,101

    The end client can be assessed as being the...

    The end client can be assessed as being the ultimate entity in the chain asking for a provision of labour.

    If company A has a development need and asks company B to provide labour resource to...
  9. Replies
    8
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    716

    You could reclassify your wife's shares as...

    You could reclassify your wife's shares as Ordinary Class A shares. This would mean that you would be the sole recipient of dividends when you declare them as being payable to holders of the...
  10. Replies
    21
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    1,531

    There is a lot of different advice being shared...

    There is a lot of different advice being shared at the moment but in terms of the legislation, it is absolutely still the responsibility of the individual contractor to assess their status and apply...
  11. Replies
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    1,531

    It is your responsibility to determine your...

    It is your responsibility to determine your status until 5 April next year. The draft legislation will not apply until that date has passed and any payments made to PSC's from 6 April 2020 will be...
  12. Haha, no I think the market will right itself in...

    Haha, no I think the market will right itself in time, though we are likely in for a bumpy ride! We've always provided IR35 reviews and advice to contractors and are keen to help business owners and...
  13. It's increasingly a good idea for companies who...

    It's increasingly a good idea for companies who engage contractors to speak with IR35 experts for advice and guidance on how to deal with the challenges they are likely to face around resource levels...
  14. Replies
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    1,208

    Indeed, we do have coverage in terms of PSL's...

    Indeed, we do have coverage in terms of PSL's that we are on with agencies and time will tell how much that service is needed / demanded and how quickly the market returns to / finds it's new normal!
  15. Replies
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    1,208

    In anticipation of exactly this type of scenario...

    In anticipation of exactly this type of scenario we set up our Freeflex product. Freeflex allows an individual to switch between operating through a limited company and using an Umbrella without...
  16. Replies
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    4,909

    The "quote" doesn't exist in the Queen's Speech...

    The "quote" doesn't exist in the Queen's Speech as delivered, I listened to the broadcast while reading the transcript to make sure!
  17. Hi Networker2017, I'm glad we had the...

    Hi Networker2017,

    I'm glad we had the opportunity to discuss this, thank you for your time and your feedback, but even more happy that we were able to find a solution for you.

    Please contact me...
  18. Thanks, I'm glad that we have had the opportunity...

    Thanks, I'm glad that we have had the opportunity to discuss and resolve the issues that you had.

    Please do contact me directly should you need anything further.
  19. This is just the kind of creative thinking we...

    This is just the kind of creative thinking we will need to mitigate the risks posed by the rule changes.

    It would be awesome if there was some kind of national database where contractors were able...
  20. Hi uk-newbie, I'm sorry that you've had some...

    Hi uk-newbie,

    I'm sorry that you've had some issues with service and would love to discuss these with you to see if we can find a resolution.

    Please feel free to contact me directly to arrange...
  21. The way that IR35 status is determined isn't...

    The way that IR35 status is determined isn't changing but who is making that determination is. Control, personal service and MOO are still central to any status assessment and there is a lot of...
  22. There are two main areas for discussion here as I...

    There are two main areas for discussion here as I see it:

    1 - CEST is known to be unreliable, this is well documented and the fact that it ignores mutuality of obligations is evidence of the tools...
  23. If you invoiced £60k per year through your...

    If you invoiced £60k per year through your company, incurred no costs in running the company and only took salary to the secondary threshold then you could retain around 79% of your company's...
  24. Replies
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    613

    It should be relatively painless to switch to a...

    It should be relatively painless to switch to a new provider and a proactive approach would be to work with both you and your outbound accountant to collect all relevant data. Some providers will...
  25. Replies
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    1,152

    Substitution is just one factor in a much wider...

    Substitution is just one factor in a much wider and more complex assessment of your contracts (both theoretical [as implied by your working practices] and written [the actual contract].

    It is...
  26. They can call and they can try but whether they...

    They can call and they can try but whether they will get HMRC to go outside their scripted response remains to be seen.

    Perhaps try calling HMRC to test your accountants response?

    If you really...
  27. If your accountant files personal tax returns...

    If your accountant files personal tax returns using HMRC's gateway then they should be able to request that HMRC provide a SA302.

    If they file using third party software, which is much more...
  28. Replies
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    This is a great example of why CEST is flawed. ...

    This is a great example of why CEST is flawed.

    It picks up on substitution as though that were the overriding factor in reaching a determination on IR35 status whereas in reality each of the three...
  29. Replies
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    1,914

    OP stated that they work on site a maximum of 1...

    OP stated that they work on site a maximum of 1 day per week so under 40% of their working week and therefore any related expenses are still allowable.
  30. Replies
    12
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    1,914

    Have you considered the three main factors that...

    Have you considered the three main factors that determine status under IR35? What knowledge do you have of them and have you considered how integrated you are with the business and their workforce?...
  31. Replies
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    5,346

    It really depends on what you are going to be...

    It really depends on what you are going to be doing next.

    If you are going to setup another company to trade through and will be carrying on the same or a similar trade then Entrepreneur's Relief...
  32. OK, so the first confusion is around the timing...

    OK, so the first confusion is around the timing of the company dissolution versus the date at which any capital gain made as a result of this is declared.

    If you close the company bank account...
  33. What level of retained profit have you built up...

    What level of retained profit have you built up in the company? If this is in excess of £25k then you would need to look at formal liquidation. If less than £25k then you could close the company...
  34. Intouch Accounting will continue to operate...

    Intouch Accounting will continue to operate independently. Our systems and people will not be changing and we aim to continue to strive to deliver an excellent personal service to our growing client...
  35. Replies
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    2,425

    HMRC will look at your relationship with your...

    HMRC will look at your relationship with your client and how your interactions with them are similar to, and different from their interactions with their employees in the first instance.

    They will...
  36. Replies
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    4,499

    Our current offer is for no switcher fees so that...

    Our current offer is for no switcher fees so that is what that is.

    We would always seek to assess the viability of a client in terms of how long they are likely to continue operating through a PSC...
  37. Replies
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    That does seem a tad shortsighted. We...

    That does seem a tad shortsighted.

    We currently offer no switcher fees for contractors who become clients of ours and are switching from another accountants.

    That would include preparation of...
  38. Replies
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    Hi, it would be worth having a discussion with an...

    Hi, it would be worth having a discussion with an accountant who specialises in accounts and tax services for contractors.

    There are several areas that need to be considered and discussed and it...
  39. AS NLUK points out it would be impossible to...

    AS NLUK points out it would be impossible to provide advice with any real value or substance with such little facts to go on.

    You could look for a contractor specialist accountant with a fixed...
  40. Hello, This would be best determined in a...

    Hello,

    This would be best determined in a discussion as there are various factors and it would be useful for you to have different options illustrated for you.

    Have you engaged an accountant...
  41. It shouldn't really matter whether the contract...

    It shouldn't really matter whether the contract is inside IR35 or outside.

    The agency have no power to insist that you use a certain vehicle to engage through, or that you use a certain provider...
  42. Replies
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    This is a decision that should be made...

    This is a decision that should be made considering all the facts and not just your day rate.

    We would also need to look at length of contract and your intentions after the end of the initial...
  43. Hello, It would be reasonable to expect...

    Hello,

    It would be reasonable to expect accounts to have been prepared and filed within a couple of months of final submission. There are obviously times when this might take longer and there may...
  44. Replies
    8
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    4,519

    You will not be able to leave the FRS...

    You will not be able to leave the FRS retrospectively.

    HMRC will only allow the change from the beginning of the current VAT period and you will need to notify them of this in writing, either in a...
  45. I had a quick look and also could only find the...

    I had a quick look and also could only find the new business email as well as the info@ address.

    You could start by contacting your primary contact and then escalating.

    If you are really...
  46. Replies
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    5,645

    You might find this link useful: ...

    You might find this link useful:

    https://automation.thepensionsregulator.gov.uk/notanemployer
  47. Replies
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    5,645

    As long as: all employees are directors...

    As long as:

    all employees are directors without contracts of employment (you won't have or I assume you would know about it) then the company has no responsibility under auto enrolment.

    If you...
  48. Replies
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    2,287

    You should enquire about a bookkeeping package. ...

    You should enquire about a bookkeeping package. Lot's of accountants will process bookkeeping for you and this may be priced separately from their core service as the software available and being...
  49. Replies
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    5,645

    As you are both director's then your company...

    As you are both director's then your company actually has no responsibility under auto enrolment and you can advise them of that fact on the pensions regulator website.

    It might be better for you...
  50. Replies
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    2,355

    If you are not subject to SDC and are therefore...

    If you are not subject to SDC and are therefore able to claim expenses for travel and subsistence it might be an idea for you to use the ESS tool to assess what would be your status under IR35.

    If...
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