Order of things to do

**stek** · 5 October 2014, 12:47

1. Should be resign from permie job

**eek** · 5 October 2014, 15:04

5 why? They seem to want to target the low paid freelance market (ie the people doing work for £10 an hour on pph) rather than proper contractors

**kaiser78** · 5 October 2014, 15:38

Originally posted by VillageContractor View Post

Hi,

I'm looking for my first contract role, taking the jump from permiedom. I've tried to get as much info off of the site as I could but just wanted to check the order of things in which I need to do things.

1) Find a role

2) Have contract reviewed by QDOS

3) Get a contracting specialist accountant

4) Setup a bank account

5) Join IPSE

I've probably missed a few things and made some mistakes so any advice would be appreciated.

VC

+1 other comments.

And do 3) and 4) before 1) and 2) so that you are ready to go when the first contract is landed, as can take a while to put in place. And you need to set up a ltd company unless you intend to go though an umbrella ?

**malvolio** · 5 October 2014, 16:30

Originally posted by eek View Post

5 why? They seem to want to target the low paid freelance market (ie the people doing work for £10 an hour on pph) rather than proper contractors

All 4.5 million of them, including the low paid wasters like medical locums, journalists, architects... Can't imagine why they'd think that's a good idea...

The other thing is to work out how much their unlimited protection "insurance" and other benefits would cost on the open market from profit-making companies. Hint: it's a lot more than the cost of Plus membership. Even if you think their lobbying is a waste of time and effort, it still makes economic sense.

Still, good to know you're talking your usual bollocks.

**eek** · 5 October 2014, 16:38

Order of things to do

Originally posted by malvolio View Post

All 4.5 million of them, including the low paid wasters like medical locums, journalists, architects... Can't imagine why they'd think that's a good idea...

The other thing is to work out how much their unlimited protection "insurance" and other benefits would cost on the open market from profit-making companies. Hint: it's a lot more than the cost of Plus membership. Even if you think their lobbying is a waste of time and effort, it still makes economic sense.

Still, good to know you're talking your usual bollocks.

Pcg plus is irrelevant to the people you are targeting in that list.

Look it's likely hell will freeze over before I agree with any of the Pcg's campaigns. If you can't see why I think campaigning to combine national insurance with income tax is a stupid idea with high risk consequences for people who use dividends for part of their income you are clearly beyond help...

**malvolio** · 5 October 2014, 17:06

Originally posted by eek View Post

Pcg plus is irrelevant to the people you are targeting in that list.

Look it's likely hell will freeze over before I agree with any of the Pcg's campaigns. If you can't see why I think campaigning to combine national insurance with income tax is a stupid idea with high risk consequences for people who use dividends for part of their income you are clearly beyond help...

If you want to argue, try finding out the facts first. Although it's a lot less fun.

But let's try a little thought experiment. Since dividend payments are not actually there to allow a small number of one-man-band contractors to beat NICs but are fundamental to how the economy works, why do you assume that merging income tax and PAYE would be allowed to result in a change in net taxation? Surely the Treasury would have to devise some mechanism that preserved the overall status quo. And if no IR35 - it would be totally redundant - why would you need to take dividends anyway? Or are you claiming that your whole working model is a sham just so you can avoid paying your fair share of taxes? Surely not...

Oh, and just as an aside, it's the administration they're talking about merging, not the taxation.

**eek** · 5 October 2014, 17:10

Order of things to do

Originally posted by malvolio View Post

If you want to argue, try finding out the facts first. Although it's a lot less fun.

But let's try a little thought experiment. Since dividend payments are not actually there to allow a small number of one-man-band contractors to beat NICs but are fundamental to how the economy works, why do you assume that merging income tax and PAYE would be allowed to result in a change in net taxation? Surely the Treasury would have to devise some mechanism that preserved the overall status quo. And if no IR35 - it would be totally redundant - why would you need to take dividends anyway? Or are you claiming that your whole working model is a sham just so you can avoid paying your fair share of taxes? Surely not...

Oh, and just as an aside, it's the administration they're talking about merging, not the taxation.

I wasn't talking about what the government plans to do (hint I know a lot more about it than you do) but what the pcg were suggesting. If you want me to find the link to the pcg's own press release so you can apologise I will happily do so.

And you forget my main continual complaint about the pcg - that those people from there who post on here claiming to represent them do the pcg no favours in the way they present themselves.

**tractor** · 5 October 2014, 17:31

...

Originally posted by malvolio View Post

If you want to argue, try finding out the facts first. Although it's a lot less fun.

But let's try a little thought experiment. Since dividend payments are not actually there to allow a small number of one-man-band contractors to beat NICs but are fundamental to how the economy works, why do you assume that merging income tax and PAYE would be allowed to result in a change in net taxation? Surely the Treasury would have to devise some mechanism that preserved the overall status quo. And if no IR35 - it would be totally redundant - why would you need to take dividends anyway? Or are you claiming that your whole working model is a sham just so you can avoid paying your fair share of taxes? Surely not...

Oh, and just as an aside, it's the administration they're talking about merging, not the taxation.

Look at PCG policy from inception to a year or two ago. Then compare it with now. Whatever has happened? You all seem to have joined HMRC. You even repeat their mantras.

You will see, the things that you are doing now will come back to bite US. And with such a benign membership, there is nothing to stop it all happening.

**tractor** · 5 October 2014, 17:34

...

Originally posted by eek View Post

I wasn't talking about what the government plans to do (hint I know a lot more about it than you do) but what the pcg were suggesting. If you want me to find the link to the pcg's own press release so you can apologise I will happily do so.

And you forget my main continual complaint about the pcg - that those people from there who post on here claiming to represent them do the pcg no favours in the way they present themselves.

+1.

Hell will freeze over before that happens.

Order of things to do