Originally posted by malvolio
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New IR35 Guidance hot off the presses
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Originally posted by psychocandy View PostLike their scoring, 2 points for stuff they dont mind if you answer yes to do. 35 points for stuff they know most people wont answer yes to.Comment
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The "Actual Substitution Test".
Interesting. If you got someone to do a tiny portion of your work, and paid them via your Ltd Co, regardless of whether your end client knew or not you score 20 points.
I need some test data, flat file, 3 fields ... 100 rows for a fiver anyone?Comment
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Originally posted by malvolio View PostLet them. I have insurance and a 1400-to-6 win ratio on my side... IR35 hasn't changed after all, they still have to prove it.Rhyddid i lofnod psychocandy!!!!Comment
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Reading the examples it's pretty clear that most contractors are borderline, i.e. unless you're working at home on fixed price. The things that would appear to push you over the edge is if you do muck in and generally help out on other tasks in the dept, other than a specific project. Also doesn't help if you can't demonstrate you correct things at your own expense and don't do anything in a home office. They seem to accept that substitution isn't realistic, but it still seems that they expect it in the contract. Even so they classify all that as borderline.
My feeling is that especially as some companies such as banks are pushing for contractors not to stay long that you need to negotiate some kind of deliverables as contractual obligations. In the end any costs such as working for nothing to get something finished off would be worth the savings in tax.Last edited by BlasterBates; 9 May 2012, 16:12.I'm alright JackComment
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Given a lot of folk are on a "professional day" type basis surely it is but a short step to convert this to a fixed price arrangement with stage payments.
This then also expose the contractor to risk, extra hours/days = no extra pay (but they largely currently have that anyway by the pd approach). It also gives them the opportunity to profit. Short days when ahead - again the largely have this potential reward already.Comment
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Originally posted by bless 'em all View PostThe "Actual Substitution Test".
Interesting. If you got someone to do a tiny portion of your work, and paid them via your Ltd Co, regardless of whether your end client knew or not you score 20 points.
I need some test data, flat file, 3 fields ... 100 rows for a fiver anyone?
End client doesn't even need to know and wont care.Rhyddid i lofnod psychocandy!!!!Comment
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Originally posted by psychocandy View PostThe figures you quote. Is that whilst represented by PCG? Or just everyone?Blog? What blog...?Comment
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The fact that certain posters continually come up with these ridiculous 'pay your mate' schemes poves they are not a business IMO'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by ASB View PostGiven a lot of folk are on a "professional day" type basis surely it is but a short step to convert this to a fixed price arrangement with stage payments.
This then also expose the contractor to risk, extra hours/days = no extra pay (but they largely currently have that anyway by the pd approach). It also gives them the opportunity to profit. Short days when ahead - again the largely have this potential reward already.Comment
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