Originally posted by Moscow Mule
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Rally to abolish IR35
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Blog? What blog...? -
Originally posted by Moscow Mule View PostWhat happens if you get a client who wants you to do desktop support on a shift basis 100% of the time for the next 2 yearsComment
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Originally posted by malvolio View PostFirst though....
Persuade me that "something" needs to be done in the first place. I run a legitimate UK Limited company, providing a service to a range of clients. Why can't I simply be allowed to get on with it?Public Service Posting by the BBC - Bloggs Bulls**t Corp.
Officially CUK certified - Thick as f**k.Comment
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Originally posted by Fred Bloggs View PostMy position entirely. I have learned to live with IR35 and I wish that nobody had kicked up such a big fuss over it to be honest. IR35 compliant businesses are going to be worse off under son of IR35, I'm sure.Comment
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I will live with that argument when
a) you can define a break point at which a company owner can move from being penalised for taking entirely legal dividends as a reward for his efforts,
b) you can define exactly why I should not operate a UK limited company that supplies my services to a range of clients and allows me to work seven months a year - my average working days over the last 15 years - without having to sell the house every three months
c) you can define why Philp Green can legally take a £1.2bn dividend out of a company that just posted a £700m net profit, and pay no tax on it at all.
It's about time we stopped assuming that a Ltd Co with one worker is some kind of tax dodge. It isn't.Blog? What blog...?Comment
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Originally posted by malvolio View PostIt's about time we stopped assuming that a Ltd Co with one worker is some kind of tax dodge. It isn't.
Maybe it is just an opinion but in these cases hiding behind a LTD and IR35 fudged contract IS a tax dodge.
I totally agree it is wrong to assume and then penalise of that false assumption though.
Have I just stated something we all understand and was a waste of time to bring up again ?'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by malvolio View PostIt's about time we stopped assuming that a Ltd Co with one worker is some kind of tax dodge. It isn't.
What are the advantages of running a LTD other than tax avoidance?Free advice and opinions - refunds are available if you are not 100% satisfied.Comment
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Originally posted by Wanderer View PostAsk yourself this: If you could engage in the exact same tax avoidance strategies working through a brolly or a LTD, which one would you choose?
What are the advantages of running a LTD other than tax avoidance?
I work for myself, I set my own rules and conditions, I am in total control of my income and expenses, I can plan what to do with my money free of any other organsiation's rules and I have a degree of protection against liability claims. I get more flexible pension planning and I can't be sacked or embuggered by someone changing the rules behind me. And I don't need anyone's permission to do things.
I freelance because I don't want a boss nor to be an FTE. It's nothing to do with money or net income, and I could almost certainly get more as a permie at my level.
And anyway, I'm not indulging in any tax avoidance strategies. I pay all taxes due on my gross income in full accordance with the law. What, exactly, do you think I'm avoiding?
HTHBlog? What blog...?Comment
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I am my own boss.
My company decides it's direction and strategy. With strategy in place it works out how to achieve that strategy (enter new markets, training, capital expenditure etc).
It might sound daft to you, but it's a mindset and a way of life to me.
I look anyone and everyone in the eye when I hand out my Ltd company business card."I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank...Comment
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As with Malvolio and Cojak, plus you are in theory at least able to grow the business and make some profit (though it's darn tricky if an agency is in on the deal).Comment
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