IPSE Still relevant? IPSE Still relevant?
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  1. #1

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    Post IPSE Still relevant?

    I am looking at my IPSE membership and I have to wonder how much use it is anymore?
    (In light of the budget ... IR35 etc)

    Just testing the water as to what other members think.

  2. #2

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    It depends rather. Do you expect to have to challenge an IR35 determination, or respond to HMRC chasing you for back taxes on the basis that you previous outside contract is now inside? How do you value the risk of your agency or your umbrella going bust? Are you eligible for jury service? How do you value the unconditional support for any kind of tax inquiry (there's more to life then IR35 after all)?

    Any insurance is expensive until you need it. The IPSE Plus package makes economic sense, compared to many of the alternatives.

    And the idiot changes announced in the budget are a failure of government, not of IPSE (or IoT, REC, ACEAW, FSB and a dozen other closely involved organisations).
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    Quote Originally Posted by Dolphin232 View Post
    I am looking at my IPSE membership and I have to wonder how much use it is anymore?
    (In light of the budget ... IR35 etc)

    Just testing the water as to what other members think.
    Not relevant for people taking inside contracts, same applies for accountants


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    You say that but I suspect there are other parts of the package that are still useful. Jury cover, the £5k payout when you die of Coronavurus...

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    Quote Originally Posted by ladymuck View Post
    You say that but I suspect there are other parts of the package that are still useful. Jury cover, the £5k payout when you die of Coronavurus...
    Always remember that GoT's advice is based on a very narrow view of the world!
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    Quote Originally Posted by malvolio View Post
    Always remember that GoT's advice is based on a very narrow view of the world!
    I always thought GoT was pretty open minded to be honest
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    Quote Originally Posted by northernladuk View Post
    I always thought GoT was pretty open minded to be honest
    I think he's more broad minded

  8. #8

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    Quote Originally Posted by Dolphin232 View Post
    I am looking at my IPSE membership and I have to wonder how much use it is anymore?
    (In light of the budget ... IR35 etc)

    Just testing the water as to what other members think.
    I have wondered the same, and equally think the same of what will happen to QDOS and contractor specialising accountants like Crunch. I don't think it looks good for them, but time will tell.

  9. #9

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    Quote Originally Posted by escapeUK View Post
    I have wondered the same, and equally think the same of what will happen to QDOS and contractor specialising accountants like Crunch. I don't think it looks good for them, but time will tell.
    I agree about the accountants, but IPSE's reach is far wider than IR35 these days, so they will survive. QDOS appear to be doing quite well out of the new regime as well...
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  10. #10

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    The tax cover covers you for previous years... given all tax years will be done and dusted before they're investigated and they have 2-6 years to do so depending on the investigation, I would keep your IPSE running for 2 years after your last tax year where you think you need cover, and possibly 6...

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