Employer Intermediary Reporting - Anyone digging their heels in?

[LisaContractorUmbrella]

Haven't you just hit the N on the H? I think you're all getting confused by my stance on this - and why do you think I don't understand it northernladuk? - and I'm a little surprised by this as a new member of Contractor UK. Generally, the feeling I've found elsewhere is that most Contractors are up in arms about this.

What bit of information do I think a tax man might not be able to find in 2 mins? None, of course. HMR&C have all the info on me they need. If they want to see if my house is in order and send a brown envelope they could do that now or in any of the last 25+ years I've been contracting.

Similarly, the agency have all the information on me they need to do whatever it is they need to do as intermediaries.

But what this reporting ruling means is that I have to give to the agency information they don't know or need so they can send it on to HMR&C.

Principally here, my DOB. This may not be an issue for a lot of you here but believe me at the senior end of the job market, not having your age on things can be the difference between getting a contract and not. Currently, my agent knows nothing about me, my age or what I look like and I'd prefer to leave it this way.

This is an example of HMRC doing joined up thinking - they may be able to access all the information that's required but what they haven't had up until now is all of it in one place. Thanks to this information and RTI they will now know who's paying what to whom and whether the correct taxes have been deducted.

[northernladuk]

This is an example of HMRC doing joined up thinking - they may be able to access all the information that's required but what they haven't had up until now is all of it in one place. Thanks to this information and RTI they will now know who's paying what to whom and whether the correct taxes have been deducted.

And when other gov agencies start sharing data amongst themselves properly it's going to get very interesting for a lot of people! 😉

I know a couple of people with buy to let's who don't declare them because HMRC don't know. When HMRC start comparing Land registry details they will.

[SueEllen]

Haven't you just hit the N on the H? I think you're all getting confused by my stance on this - and why do you think I don't understand it northernladuk? - and I'm a little surprised by this as a new member of Contractor UK. Generally, the feeling I've found elsewhere is that most Contractors are up in arms about this.

What bit of information do I think a tax man might not be able to find in 2 mins? None, of course. HMR&C have all the info on me they need. If they want to see if my house is in order and send a brown envelope they could do that now or in any of the last 25+ years I've been contracting.

Unfortunately HMRC's systems aren't as joined up as you think which is why they ask for repeat information on people.

Similarly, the agency have all the information on me they need to do whatever it is they need to do as intermediaries.

But what this reporting ruling means is that I have to give to the agency information they don't know or need so they can send it on to HMR&C.

The agency themselves would rather not collect this data for loads of reasons, however because HMRC say they have to they do so.

Principally here, my DOB. This may not be an issue for a lot of you here but believe me at the senior end of the job market, not having your age on things can be the difference between getting a contract and not. Currently, my agent knows nothing about me, my age or what I look like and I'd prefer to leave it this way.

Agents only find your age out either:
1. You do any form of credit clearance/security clearance
2. You complete other paperwork
This only happens AFTER you get the contract.

If you look too old then after the interview the client will tell the agent and you will know nothing about it unless they say so.

In short your reasoning is silly.

[LisaContractorUmbrella]

And when other gov agencies start sharing data amongst themselves properly it's going to get very interesting for a lot of people! ��

I know a couple of people with buy to let's who don't declare them because HMRC don't know. When HMRC start comparing Land registry details they will.

Be afraid. Be very afraid (this smiley has no relevance to the comment, I just haven't used it before )

[pr1]

And when other gov agencies start sharing data amongst themselves properly it's going to get very interesting for a lot of people! 😉

I know a couple of people with buy to let's who don't declare them because HMRC don't know. When HMRC start comparing Land registry details they will.

this should be a bigger deal than all this T&S/IR35 stuff - tax evasion is actually illegal after all

[DaveB]

And when other gov agencies start sharing data amongst themselves properly it's going to get very interesting for a lot of people! ��

I know a couple of people with buy to let's who don't declare them because HMRC don't know. When HMRC start comparing Land registry details they will.

Thats a fair way off at the moment. Current client co. have been trying for years to get other departments and agencies to share data with them, in the end they had to get HMG to pass specific legislation to force them to do, and even now it's only for one specific purpose.

Dont under estimate just how much the big departments resent sharing anything with any of the others.

It should be a no-brainer. It really isnt.