Sunday Solutions Anyone?

[Mordac]

This solution is supposedly IR35 compliant and so far I can't see why it wouldn't be.

Er, I'll give you one reason. IR35 status is decided on a contract by contract basis, and has nothing to do with your incorporated status. If you really didn't know this, I think you need to do a bit more research before you make any complicated decisions.

[Chomper]

Thanks for your helpful comment.

My point was that if you are caught by IR35, then Sunday Solutions seem to offer a solution which means you don't pay employer's NI any more and therefore remove the 12.8% you would probably pay via an umbrella. Feel free to correct me if I'm wrong.

I'm really interested to hear from anyone that has actually used Sunday Solutions and can confirm they are happy with the service.

Er, I'll give you one reason. IR35 status is decided on a contract by contract basis, and has nothing to do with your incorporated status. If you really didn't know this, I think you need to do a bit more research before you make any complicated decisions.

[Mordac]

My point was that if you are caught by IR35, then Sunday Solutions seem to offer a solution which means you don't pay employer's NI any more and therefore remove the 12.8% you would probably pay via an umbrella. Feel free to correct me if I'm wrong.

Think about it - if you fail IR35, then you are a deemed employee, and therefore subject to full NI (employers and employees) on the 95% less legitimate expenses. That's the whole point of IR35.

[MarillionFan]

Mordac is correct. If you're contracting 6 monther to 6 monther , 3monther to 3 monther than on the whole you are caught by IR35. You are a disguised employee.

If like some others you have three or four contracts on the go then you are outside, or you have loads of different contracts over the year then you're probably outside.

[Chomper]

Fair enough, I agree. The question here then is how are Sunday Solutions able to confidently provide this service? Is there some sort of loophole being exploited?

I await a response from anyone who is actually using them and is willing to recommend them.

Mordac is correct. If you're contracting 6 monther to 6 monther , 3monther to 3 monther than on the whole you are caught by IR35. You are a disguised employee.

If like some others you have three or four contracts on the go then you are outside, or you have loads of different contracts over the year then you're probably outside.

[malvolio]

I await a response from anyone who is actually using them and is willing to recommend them.

You might have to wait a while then. If they are setting up a series of LLPs between disonnected parties, they are clearly doing so with the intention of avoiding tax artificially, which puts them in Hector's gunsights and so should be thought about very carefully.

Secondly, and rather more importantly, if your contract is IR35 caught then not paying 95% of gross as salary and the associated PAYE/NICs is evasion, which is seriously illegal. The very fact they are trying to tell you they can do so is a very good reason to walk away and do it properly.

So stop being dumb and listen to what you're being told.

[Chomper]

Listen sunshine, I have every intention of listening to what people are saying, hence me posting on this board. I'm interested in what people think of this solution and you've made your point. In the future why not make it without resorting to the verbal abuse.

You might have to wait a while then. If they are setting up a series of LLPs between disonnected parties, they are clearly doing so with the intention of avoiding tax artificially, which puts them in Hector's gunsights and so should be thought about very carefully.

Secondly, and rather more importantly, if your contract is IR35 caught then not paying 95% of gross as salary and the associated PAYE/NICs is evasion, which is seriously illegal. The very fact they are trying to tell you they can do so is a very good reason to walk away and do it properly.

So stop being dumb and listen to what you're being told.

[Sockpuppet]

Listen sunshine, I have every intention of listening to what people are saying, hence me posting on this board. I'm interested in what people think of this solution and you've made your point. In the future why not make it without resorting to the verbal abuse.

People are saying it. I'll spell it out for you.

START YOUR OWN LTD AS THAT WILL GIVE YOU THE MOST £££ AT THE END OF THE DAY

Anyone advertising more £££ than a LTD would give you is DOING SOMETHING ILLEGAL / WRONG as if it was Hector proof every Ltd in the country would do it.

If you waiting for someone to hold your hand and suggest you use them, then your not going to find it here.

[malvolio]

Listen sunshine, I have every intention of listening to what people are saying, hence me posting on this board. I'm interested in what people think of this solution and you've made your point. In the future why not make it without resorting to the verbal abuse.

Sorry, but you clearly aren't listening. I should care less...

[tim123]

Fair enough, I agree. The question here then is how are Sunday Solutions able to confidently provide this service? Is there some sort of loophole being exploited?

Because it isn't them who's going to get the bill if it is deemed to be wrong.

There is usually no penalty for providing a, sometimes legal package that when used by someone else enables them to evade tax. The responsibility is with the individual to make sure that the solution is legit for their own working practice.

tim