When I grow up....

[Elliegirl]

I like contracting. I want to do it for as long as I possibly can.
I also really really like the idea of owning my own business outside of being a contractor. I'm not sure what I'd do (as in should I sell a product or provide a service) but I'd want it to be some sort of online business so that I have can global reach (It's a power thing...). I've been thinking along these lines for a couple of years now and really need to get on with it.
Anyone else have an online business or thinking about something similar? if so, how do you balance it with the demands of contracting?
If there's been a similar thread recently can someone send me the link instead of griping about how we've already discussed this to death?

[northernladuk]

What are you going to do in April 17 when the new IR35 hits?

[Elliegirl]

What are you going to do in April 17 when the new IR35 hits?

Resist any temptation to become a permie and keep pursuing my dream.......

[FatLazyContractor]

Resist any temptation to become a permie and keep pursuing my dream.......

Then it is going to be one hell of a long dream...

[fullyautomatix]

I like contracting. I want to do it for as long as I possibly can.
I also really really like the idea of owning my own business outside of being a contractor. I'm not sure what I'd do (as in should I sell a product or provide a service) but I'd want it to be some sort of online business so that I have can global reach (It's a power thing...). I've been thinking along these lines for a couple of years now and really need to get on with it.
Anyone else have an online business or thinking about something similar? if so, how do you balance it with the demands of contracting?
If there's been a similar thread recently can someone send me the link instead of griping about how we've already discussed this to death?

Yes, there is a one word answer to this question and its called AtW.

[nomadd]

What are you going to do in April 17 when the new IR35 hits?

Small salary.
Dividends to just under top rate tax bracket.
£40k into pension.
Push as much as I can though the company as usual (motorcycles, computers, etc.)
Take a LOT more holidays.

Only plan I can think of. Anyone any better ideas?

[mudskipper]

Yes, there is a one word answer to this question and its called AtW.

Or his sockie, Lola, and her webcam.


Edit: Sorry mods, didn't realise this was the professional forums.

[TheFaQQer]

Small salary.
Dividends to just under top rate tax bracket.
£40k into pension.
Push as much as I can though the company as usual (motorcycles, computers, etc.)
Take a LOT more holidays.

Only plan I can think of. Anyone any better ideas?

If you're IR35 caught, how will you be paying dividends?

[nomadd]

If you're IR35 caught, how will you be paying dividends?

So your assumption is that come 2017 everyone is suddenly inside IR35?

[MrMarkyMark]

FTFY:-

So your assumption is that come 2017 Osbourne would like everyone to be inside IR35?