Sanzar?

[Archangel]

Contract reviewed? By whom, I've been on the same one since I started all this - I do remember the accountant making some changes to it for IR35 though.

PCG? What is this?

Working arrangements? At the moment I am office based with a few days now and again off to different sites.

Can someone explain to me in laymans terms, the best and safest way to avoid IR35 whilst contracting for the one company... and also to earn the most money whilst doing it!!

Baur & Cottrell do contract reviews to tell you if your contract (and working arrangements) are IR35 or not.
http://www.bauerandcottrell.co.uk/

The PCG is an organisation run by contractors for contractors see:
www.pcg.org.uk

The best way to avoid IR35 is to have one of the following:
a) The client should not have "direction and control" over you (i.e. you should decide how and when the work is done)
b) You should not have to perform the services personally (i.e. a substitution clause)
c) There should only be "an irriducable minimum mutuality of obligation" i.e. there is no obligation on the client to provide work, or any obligation on you to do it. (this is not as complicated as it sounds. if say you were a mainframe programmer and the mainframe was down for a day, the permanent staff would probably count paperclips, and still get paid. Would you go home and not get paid)

Regarding your other question about the Sanzar loan scheme being safer, those magic beans are still for sale. 100% guaranteed.

[BrilloPad]

Hi

I've been in my current contract for 3 years and 2 months . . . usually 3 month renewals. I'm Ltd company and a bit worried about IR35.

I suppose the easiest thing would be to get a job somewhere else, but its really quiet at the moment!

So I was thinking of going to Umbrella company - mainly as I hate doing accounts etc.

Someone has recommended Sanzar in the IOM to me....

I've spoke to them and it sounds quite good, but then I come on here and see threads about Montpelier etc...

Is it safe to go with Sanzar?

I was with montpelier from April 2006 until October 2008 : up to March 2008 via the double taxation and after that a loan scheme.

Some under investigation for bn66 have been in since 2001 : with no resolution due for years this could be a 10/15 year fight!!

I left montp as I did not like the loan scheme : but I am thinking of paying the tax just to get the loan written off. I am a bit worried that I might be chased for the ENTIRE loan amount!

If you like risk (my appetite has decreased) then do it : but please put tax "saved" your money in a CTD. If yu dont know what a CTD is then read the BN66 thread post #1.

[Pacciae]

Baur & Cottrell do contract reviews to tell you if your contract (and working arrangements) are IR35 or not.
http://www.bauerandcottrell.co.uk/

The PCG is an organisation run by contractors for contractors see:
www.pcg.org.uk

The best way to avoid IR35 is to have one of the following:
a) The client should not have "direction and control" over you (i.e. you should decide how and when the work is done)
b) You should not have to perform the services personally (i.e. a substitution clause)
c) There should only be "an irriducable minimum mutuality of obligation" i.e. there is no obligation on the client to provide work, or any obligation on you to do it. (this is not as complicated as it sounds. if say you were a mainframe programmer and the mainframe was down for a day, the permanent staff would probably count paperclips, and still get paid. Would you go home and not get paid)

Regarding your other question about the Sanzar loan scheme being safer, those magic beans are still for sale. 100% guaranteed.

Contact Qdos about your contract they are often on these boards

[aphex]

Which Route?

Hi peterc2609, I'm in a similar situation to the one you describe in this thread. Would be interested to know what route you went down in the end.

[Andy74]

Hi peterc2609, I'm in a similar situation to the one you describe in this thread. Would be interested to know what route you went down in the end.

Hi,

I'm in the same situation to both peterc2609 and aphex, just wondering what you both did and what the outcome was

[Contract10176]

How far back ?

I am not sure if this a novice question ... lets say these loan schemes do fall foul of the Goverment how far back can they go is it 6 years from the date they start investigating ? or as far as they want ?

Also how long do people keep their records typically ?

[ASB]

I am not sure if this a novice question ... lets say these loan schemes do fall foul of the Goverment how far back can they go is it 6 years from the date they start investigating ? or as far as they want ?

Also how long do people keep their records typically ?

It depends. From general legislation it's 6 years. OR 21 in the effect of deliberate concealment (whether they would argue that on a loan scheme who knows).

Further if the scheme falls foul of the disclosure regulations you can expect to go back to 2004 (based on pre budget statement). They are also massive fines for users and promoters it wasn't properly registered.

There is also BN66 to consider, this is related to "treaty abuse". Whether or not this is relevant to any scheme you use/consider I wouldn't know. In this case they are trying to go back to 1987.

There they can always claim discover to reopen earlier years, provide it's in the normal enquiry window. Or they can claim it was inadequately disclosed and use the disclosure the rules anyway.

Really, in effect, HMRC have the power to go back pretty much as far as they want, it's up to you to prove that in your specific circumstances there is legal reasons why they can't.

You might perhaps want to review the BN66 threads to see what can potentially happen (though this is far from over)

[Michael J Perry FCA]

HMRC looking at Sanzar, Cherrylon and others

Mod Note: No advertising.

Banned for 1 day.

[kaiser78]

What's With All These Resurrected Sanzar Posts ?

??

[northernladuk]

??

Well if you read the post above you and spot that the user in question opened them all, the answer should come to you!