Originally posted by eek
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Payments terms and inside IR35 what is "normal" today ?
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I haven't had anything other then 28 days/30 days/Month terms for about a decade. Some have been a little tardy paying but payment terms haven't varied much for me in ages.Comment
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Originally posted by northernladuk View PostFirst off. You've made the same mistake as so many people do. Being inside is purely a tax situation. Has nothing to do with your clients, they you work etc. You are still contracting but with a different tax regime. B2B payment terms of up to 90 days with multiple people in the chain do not change. Only the way you are taxed. No extra protection or anything.
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Originally posted by Peoplesoft bloke View PostBut being inside IR35 happens because the "contract" is actually disguised employment - all the tests of a B2B relationship have failed. So if I'm taxed like an employee, they can pay me like an employee too.Comment
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Originally posted by Guy Incognito View Post
I've not had many permie jobs but don't they all pay monthly? Mine did...
Were you a permanent employee you would be paid at the end of July for work done in July.merely at clientco for the entertainmentComment
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Originally posted by PerfectStorm View PostSpent most of my time on 30 day terms, never once gone significantly beyond that. Don't worry about it.
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Originally posted by Peoplesoft bloke View PostBut being inside IR35 happens because the "contract" is actually disguised employment - all the tests of a B2B relationship have failed. So if I'm taxed like an employee, they can pay me like an employee too.Comment
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Originally posted by CoolCat View Post
there is at least a 50% chance the new PM will change IR35 rules next week, or maybe in emergency budget shortly after
IR35 doesn't work but it's the only thing that is keeping a lot of people employed rather than being forced into self-employment alongside the offer of a few more quid...
Remember - as I continually point out but people never seem to grasp we aren't the intended target here merely acceptable collateral damage.Last edited by eek; 1 September 2022, 09:17.merely at clientco for the entertainmentComment
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Originally posted by CoolCat View Post
there is at least a 50% chance the new PM will change IR35 rules next week, or maybe in emergency budget shortly afterSee You Next TuesdayComment
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