As today's IR35 tribunal makes clear ...
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Work in Banking? Don't worry about the blanket ban you were probably inside all along
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Work in Banking? Don't worry about the blanket ban you were probably inside all along
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So he didn't leave after he completed his first project with the Nationwide.
Oops.Last edited by Contractor UK; 28 June 2020, 20:34."I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank... -
Oh dear.
Well, let's hope the chap has enough in his warchest to cover both the £70k, plus whatever Corporation Tax will be due for 19/20. 'Cos with the new laws post April, there ain't gonna be much going into his Company account henceforth.Comment
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Will HMRC now chase retrospecively?
If only there was a court case where scheme users wanted to be found inside....Comment
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Originally posted by BrilloPad View PostWill HMRC now chase retrospecively?Comment
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Originally posted by cojak View PostSo he didn't leave after he completed his first project with the Nationwide.
Oops.
However, crucially, granted the bank’s “need as a highly regulated business to monitor the progress of the relevant project”, it was determined that Lee was subject to an overarching degree of control.merely at clientco for the entertainmentComment
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Originally posted by simes View PostOh dear.
Well, let's hope the chap has enough in his warchest to cover both the £70k, plus whatever Corporation Tax will be due for 19/20. 'Cos with the new laws post April, there ain't gonna be much going into his Company account henceforth.Comment
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Work in Banking? Don't worry about the blanket ban you were probably inside all along
Originally posted by eek View PostI don't think that was the issue here - my attention was drawn to this bit
which basically says that bank's due have to assert control - and that's enough to be inside..
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edit: OK read the article, interesting part about MoO that can be used elsewhere thoughLast edited by Antman; 4 March 2020, 13:11.Comment
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Originally posted by Pring View PostHow does this work in practice - can he offset the extra Corporation Tax he paid back then against the £70k that's found against him so the actual amount he'll have to settle will be lower?
Best guess, said chap owes back taxes to the tune of £70k, irrespective of what he owes in ongoing contracts. To wit, I am not sure he is still in Nationwide. If he is elsewhere let's say, it will be This plus That.
If he is still at NW, I have no idea.Comment
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Originally posted by Antman View PostDo hmrc only have to prove one of the three pillars to win the case? I thought it would have to be the other way around, accused only having to prove MoO or RoS to get off.
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Oh found it - dismissed asFinally, I have found that there was no substantive prospect of MrLee asking for or Nationwide, acting reasonably, agreeing to a substituteLast edited by eek; 4 March 2020, 13:11.merely at clientco for the entertainmentComment
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