State of the Market

[perplexed]

If you have 10 concurrent revenue streams, don't you reckon you are less likely to be investigated for IR35?

I'd imagine if HMRC wanted to take a look, they'd probably figure ten concurrent revenue streams wouldn't be low level fruit for them.

[slogger]

If you have 10 concurrent revenue streams, don't you reckon you are less likely to be investigated for IR35?

nope - in fact hmrc has examples of where people have multiple income streams and they analyse them on a case by case basis - so you could have 5 in and 5 out - or whatever..

[perplexed]

nope - in fact hmrc has examples of where people have multiple income streams and they analyse them on a case by case basis - so you could have 5 in and 5 out - or whatever..

Indeed, individual streams can be in or out.

I'd however suspect if someone has say 10 streams HMRC would look at it and pass - rather investigating single stream companies, easier to process.

[SueEllen]

Indeed, individual streams can be in or out.

I'd however suspect if someone has say 10 streams HMRC would look at it and pass - rather investigating single stream companies, easier to process.

No they will investigate you, drag you through the courts if you have no insurance and make you an example in one of their bulletins.

[SussexSeagull]

If you have ten revenue streams you are most probably more than a one man band so wouldn't it be slightly academic anyway?

[northernladyuk]

nope - in fact hmrc has examples of where people have multiple income streams and they analyse them on a case by case basis - so you could have 5 in and 5 out - or whatever..

And?

[SueEllen]

And?

The point being is having multiple clients doesn't put you outside an IR35 investigation.

[washed up contractor]

HMRC wouldnt know you have multiple income streams at point of contact so the point is moot

[matzie]

Boom - just extended until the end of the year. Client really dragged their heels though, didn't think it was going to happen. Usual mix of relief and depression!

[radish2008]

The point being is having multiple clients doesn't put you outside an IR35 investigation.

I thought it was a string pointer to you being a business rather than an employee though. Although on a per contract basis I guess it wouldn't matter. IR35 is such a cluster****. I'm simply not going to think about it any more. By the time they get round to me the libdems will be in power.