Originally posted by DonkeyRhubarb
View Post
- 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!
No To Retro Tax - Ongoing battle against S58 FA2008
Collapse
X
Collapse
-
-
Originally posted by DonkeyRhubarb View PostCCW have recommended writing to them again, which we will probably do.
But I think we have to assume that these talks are going nowhere, and HMRC are just playing for time.
We don't want to look back in a few months and think, jesus, if only we'd acted sooner.Comment
-
Originally posted by bananarepublic View PostPresumably NTRT writing to them again does not prejudice our ability to separately write to them individually regarding the TAA?Comment
-
Originally posted by the great escape View PostAre you saying OW that we paid more under SE than we would have under PAYE?
HMRC should refund us the tax/nics we paid through self-assessment and raise a PAYE assessment against the agency instead. Unfortunately, for HMRC, they're out of time but that's their problem.Comment
-
Originally posted by DonkeyRhubarb View PostNo, what he's correctly deduced is that all tax/nics should have been collected by the agency under PAYE.
HMRC should refund us the tax/nics we paid through self-assessment and raise a PAYE assessment against the agency instead. Unfortunately, for HMRC, they're out of time but that's their problem.Comment
-
Originally posted by DonkeyRhubarb View PostCCW have recommended writing to them again, which we will probably do.
But I think we have to assume that these talks are going nowhere, and HMRC are just playing for time.
We don't want to look back in a few months and think, jesus, if only we'd acted sooner.
Are we concerned about action HMRC can take that will close the door on this? Do we have any details (probably best via newsletter) or are we basing it upon how they tackled a losing situation in the past (i.e. S58)?
I am not advocating doing nothing but taking a measured approach covering all angles - something I am sure is happening behind the scenes.Comment
-
Originally posted by DonkeyRhubarb View PostHMRC should refund us the tax/nics we paid through self-assessment and raise a PAYE assessment against the agency instead. Unfortunately, for HMRC, they're out of time but that's their problem.
On the other hand, I would be so relieved to put an end to this I'm happy to let it go. Consider it my contribution to the economy (as an honest, responsible taxpayer).
Comment
-
FTT
Hi,
after all the Fraud scare I'm thinking of backing out of the review & ftt as robbers & crooks have
done nothing honest - misled parliament, lied in court etc, no end to their malice, and an endless pool
of career climbing apes that can be corrupted by them -offering sweet deals to judges.
Sorry for the negativity - all looking too scary for me now, since I want to continue being freelance, although
been out of work for nearly a year - can't really take the risk! And, after all didn't we follow QC advice
in the first place. Who would have thought the time machine existed, no-one can tell what low
levels the R&C will scoop too.Comment
-
Originally posted by tendo71 View PostI think writing to them again is essential. Keeping an open dialogue is never a bad thing. It does not preclude other action.
Are we concerned about action HMRC can take that will close the door on this? Do we have any details (probably best via newsletter) or are we basing it upon how they tackled a losing situation in the past (i.e. S58)?
I am not advocating doing nothing but taking a measured approach covering all angles - something I am sure is happening behind the scenes.
Prior to S58, HMRC could have gone to court and lost, and OK it wouldn't have looked good that they let so many years and a few hundred £million slip through the net but not the end of the world.
However, they asked Parliament to pass retrospective legislation to tackle the scheme.
How would it look now if that legislation (a) didn't do the job, (b) wasn't even necessary and (c) they've still lost a few hundred £million?
What would you do in their position?Comment
-
Originally posted by Laxmi View PostHi,
after all the Fraud scare I'm thinking of backing out of the review & ftt as robbers & crooks have
done nothing honest - misled parliament, lied in court etc, no end to their malice, and an endless pool
of career climbing apes that can be corrupted by them -offering sweet deals to judges.
Sorry for the negativity - all looking too scary for me now, since I want to continue being freelance, although
been out of work for nearly a year - can't really take the risk! And, after all didn't we follow QC advice
in the first place. Who would have thought the time machine existed, no-one can tell what low
levels the R&C will scoop too.Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- How to answer at interview, ‘What’s your greatest weakness?’ Nov 14 09:59
- Business Asset Disposal Relief changes in April 2025: Q&A Nov 13 09:37
- How debt transfer rules will hit umbrella companies in 2026 Nov 12 09:28
- IT contractor demand floundering despite Autumn Budget 2024 Nov 11 09:30
- An IR35 bill of £19m for National Resources Wales may be just the tip of its iceberg Nov 7 09:20
- Micro-entity accounts: Overview, and how to file with HMRC Nov 6 09:27
- Will HMRC’s 9% interest rate bully you into submission? Nov 5 09:10
- Business Account with ANNA Money Nov 1 15:51
- Autumn Budget 2024: Reeves raids contractor take-home pay Oct 31 14:11
- How Autumn Budget 2024 affects homes, property and mortgages Oct 31 09:23
Comment