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Thread: MoD

  1. #51

    Some things in Moderation

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    Quote Originally Posted by northernladuk View Post
    Judging by the lack of people willing to let go and the late entries to the problem we are seeing on here I can't help but think it won't be as bad as we expect it should be either. A mix of people staying because it's local/safe, those happy to see the gig out, those that can't make a decision and those that just don't have a clue it's happening is going to leave more in the office than I thought it would.

    I'd say HMRC are feeling pretty pleased with themselves so far regardless of the mess and confusion they've caused.
    I still reckon that we won't see a spike until people open their first 'pay-packet' in May.

  2. #52

    I live on CUK

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    Quote Originally Posted by cojak View Post
    I still reckon that we won't see a spike until people open their first 'pay-packet' in May.
    So from 7th April until June we will hear people moaning.
    "You’re just a bad memory who doesn’t know when to go away" JR

  3. #53

    Godlike


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    Quote Originally Posted by cojak View Post
    I still reckon that we won't see a spike until people open their first 'pay-packet' in May.
    You cruel mistress

  4. #54

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    Quote Originally Posted by SueEllen View Post
    So from 7th April until June we will hear people moaning.
    Errrrm, not more than enough already



  5. #55

    My post count is Majestic

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    Quote Originally Posted by MrMarkyMark View Post
    Errrrm, not more than enough already


    Indeed. I see another ban on the horizon
    'CUK forum personality of 2011' - Winner - Yes really!!!!

  6. #56

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    Quote Originally Posted by northernladuk View Post
    Indeed. I see another ban on the horizon
    I have had to bite my tongue, its very sore now.

    That's all I'm saying

    However, I do not need to reply, as always stated

  7. #57

    More time posting than coding


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    Quote Originally Posted by Beergander View Post
    · The net result of the above is that payments to your PSC will be subject to Tax and National Insurance Contributions as if you were an employee. Details of all deductions will be reported to HMRC under Real Time Information reporting so that your PSC can correspond with HMRC in all matters relating to your tax affairs at any time.
    That's not quite true - show me an employee who pays employers national insurance
    First they ignore you, then they laugh at you, then they fight you, then you win. But Gandhi never had to deal with HMRC

  8. #58

    Should post faster


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    Quote Originally Posted by Beergander View Post
    This will involve you registering for VAT if you are not already registered.
    In order to tax you like an employee, we need you to register for VAT? Bizarre!

  9. #59

    TykeLike

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    Quote Originally Posted by Beergander View Post
    And todays communication delight...

    Details of how Sopra Steria Recruitment will apply HMRC Tax and National Insurance rules
    In summary:

    · Sopra Steria Recruitment will not be seeking a higher rate from its clients if the assignment is deemed to fall ‘inside’ the new rules. The Gross Rate in the Schedule to your new Contract will be set at the same level as the rate in your current contract. However, terms will apply which will allow Sopra Steria Recruitment to pay you at an effective lower rate. This reflects the requirement that Employer’s National Insurance Contributions and Apprentice Levy be accounted for ‘at source’.

    · Sopra Steria Recruitment will seek to put in place with your PSC a new contractual agreement that reflects the additional costs now payable by Sopra Steria Recruitment under the new rules. We are currently estimating that the revised rates payable will be approximately 13% less than the fees which you would earn if the Assignment were ‘Outside’ the new rules.

    · Sopra Steria Recruitment will deduct PAYE and primary (i.e. employee’s) class 1 National Insurance Contributions from the PSC’s gross invoice. We are compelled to do this under the new rules. The amount of PAYE deducted will be in line with HMRC instructions from time to time and may be changed, e.g. by Notices of Coding. At the beginning of an assignment the deduction may be at an emergency rate.

    · The net result of the above is that payments to your PSC will be subject to Tax and National Insurance Contributions as if you were an employee. Details of all deductions will be reported to HMRC under Real Time Information reporting so that your PSC can correspond with HMRC in all matters relating to your tax affairs at any time.

    · In order to operate the new rules we will require you to agree to be covered by our ‘VAT Self Billing’ arrangement so that the correct figures can be generated for your PSC’s invoices to us. This will involve you registering for VAT if you are not already registered.
    So they are saying you will pay the employers NI as well as the employee? I thought this was illegal? And the employers NI had to be absorbed by the agency?!
    “Live a good life. If there are gods and they are just, then they will not care how devout you have been, but will welcome you based on the virtues you have lived by. If there are gods, but unjust, then you should not want to worship them. If there are no gods, then you will be gone, but will have lived a noble life that will live on in the memories of your loved ones.”

    ― Marcus Aurelius

  10. #60
    eek
    eek is offline

    bored now

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    Quote Originally Posted by SimonMac View Post
    So they are saying you will pay the employers NI as well as the employee? I thought this was illegal? And the employers NI had to be absorbed by the agency?!
    Nope they are saying they will issue a new contract at approximately 13% less. To which the reply should be sorry I'm leaving.

    I have past experience however that shows Sopra Steria do not however understand what a legal contract is. Which is why they assume that people will just sign the new 13% lower contract (because a lot of people will).
    merely at clientco for the entertainment

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