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IR35 - HMRC! Curious about how they chooose people to investigate/inspect

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    #11
    Use commonsense above all else (this clearly excludes many contractors ):
    Do not use offshore tax avoidance schemes (unless the chancellor or PM also use them ).
    Do not try to fiddle lunch & travel expenses or especially IT equipment you never use for work purposes like that 80" HDTV & Xbox 1 X!
    Do not try to use relatives even though allowed within the letter of the law as tax dodging items (wife or partner is on payroll when its just a tax dodge for example).
    Do not try to claim electricity & other utility bills for your bitcoin mining empire as legit tax relief!
    Avoid all of the above pay your VAT on time & if your really lucky & or have not yet been caught then your playing the game as it should be played

    Comment


      #12
      Originally posted by uk contractor View Post
      Use commonsense above all else (this clearly excludes many contractors ):
      Do not use offshore tax avoidance schemes (unless the chancellor or PM also use them ).
      Do not try to fiddle lunch & travel expenses or especially IT equipment you never use for work purposes like that 80" HDTV & Xbox 1 X!
      Do not try to use relatives even though allowed within the letter of the law as tax dodging items (wife or partner is on payroll when its just a tax dodge for example).
      Do not try to claim electricity & other utility bills for your bitcoin mining empire as legit tax relief!
      Avoid all of the above pay your VAT on time & if your really lucky & or have not yet been caught then your playing the game as it should be played
      I'm not convinced that a tax avoidance scheme used by a prime minister is much use either.
      Also MPs have very different rules on what counts as a BIK and what is a legitimate expense so don't use them as an example of good or bad practise.

      EIDT: oh and you IMG link doesn't work.
      See You Next Tuesday

      Comment


        #13
        Originally posted by Lance View Post
        I'm not convinced that a tax avoidance scheme used by a prime minister is much use either.
        Also MPs have very different rules on what counts as a BIK and what is a legitimate expense so don't use them as an example of good or bad practise.

        EIDT: oh and you IMG link doesn't work.
        Sense of humour failure?

        Comment


          #14
          Originally posted by uk contractor View Post
          Sense of humour failure?
          every time I read about MPs expenses I'm more shocked about what they're allowed to claim than I am about the stuff they're not supposed to.

          So yes, my sense of humour has failed.....
          See You Next Tuesday

          Comment


            #15
            Originally posted by Lance View Post
            every time I read about MPs expenses I'm more shocked about what they're allowed to claim than I am about the stuff they're not supposed to.

            So yes, my sense of humour has failed.....
            Panama Papers: David Cameron's father 'ran offshore fund that paid zero UK tax for 30 years' | The Independent
            https://www.ft.com/content/ac0fda28-...6-11d5706b613b

            Comment


              #16
              That's not helping my sense of humour....
              See You Next Tuesday

              Comment


                #17
                Originally posted by Lance View Post
                That's not helping my sense of humour....
                This will not help either then
                Top City regulator used tax break scheme - BBC News

                Comment


                  #18
                  Originally posted by JIDEARE View Post
                  Hi,

                  It's my first year contracting and I've done my best to keep ALL records. I had a break in at xmas during which my laptop bag and file with a lot of important docs included got stolen. I'm unsure what would be required of me to justify being Outside IR35... Especially with regards those clients you've stopped working for.
                  I believe what they do is look at these forums for people worried about if they will be investigated and then target those - well done for passing stage-gate one of the HMRC check process

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