• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

IR35 Advice

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

    #11
    Originally posted by TheCyclingProgrammer View Post
    Look, whilst it *is* possible to work as a contractor for a former employer and be outside IR35, the fact that your first contract is for your former employer puts a rather large target on your back saying "investigate me".
    I am not convinced it does put a target there. (If investigated it is quite likely it is an easy win for them).

    But, how and why would it increase the probability of investigation ?

    Surely all HMRC will have is the returns, and the SATR. None of this says "I'm contracting at my previous employer".

    Perhaps part of HMRC intelligence is to try and glean this information from other sources. Then yes, entirely possible.

    Comment


      #12
      Originally posted by ASB View Post
      I am not convinced it does put a target there. (If investigated it is quite likely it is an easy win for them).

      But, how and why would it increase the probability of investigation ?

      Surely all HMRC will have is the returns, and the SATR. None of this says "I'm contracting at my previous employer".

      Perhaps part of HMRC intelligence is to try and glean this information from other sources. Then yes, entirely possible.
      I agree. In which case, maybe the best course of action is to be outside, but put aside all the money just in case there is an investigation in the following six years. Or just stick a load of it in a pension plan to reduce any amount that would be taxable if found inside.
      Best Forum Advisor 2014
      Work in the public sector? You can read my FAQ here
      Click here to get 15% off your first year's IPSE membership

      Comment


        #13
        1st contract with same employer ? would have been safer to use a brolly than ltd. but keep your head down and you should be ok.

        Comment


          #14
          Did you get a redundancy payout, since there is an element of tax-free money which is usually paid out and the length of time between you leaving as a permie and rejoining as a "disguised employee" is pertinent to maintaining the tax-free portion...?

          I would definitely have the contract reviewed by QDOS or Bauer & Cottrell, as well as taking advice from a specialised contractor accountant.
          I was an IPSE Consultative Council Member, until the BoD abolished it. I am not an IPSE Member, since they have no longer have any relevance to me, as an IT Contractor. Read my lips...I recommend QDOS for ALL your Insurance requirements (Contact me for a referral code).

          Comment


            #15
            Many thanks for all of your comments. It adds some confidence to my plan of action.
            Ill get some professional advice on the contract and see what is possible.
            Thank you again!

            Comment

            Working...
            X