Originally posted by pmeswani
View Post
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Oh dear!
Collapse
X
-
I think the point being made is that if the contract is worth - say 10k - and your annual salary is £9500 anyway then IR35 isn't an issue irrespective of whether the contract is caught or not since actual salary = deemed salary. -
you don't understand IR35 do you.Originally posted by pmeswani View PostIf I am inside IR35, it would make it a lot harder for me to afford the cost as I would have to pay tax on 95% of my income, which means my take home pay would a lot less than if I were outside IR35. I would be over £700 worse off inside IR35. That is a lot of money I cannot afford to lose. The rate would be ok, if it were outside IR35.
Your travel/accom costs are deductable
timComment
-
the 5% that isn't tax deducted, won't cover a fraction of the costs. So explain it to me, please.Originally posted by tim123 View Postyou don't understand IR35 do you.
Your travel/accom costs are deductable
timIf your company is the best place to work in, for a mere £500 p/d, you can advertise here.Comment
-
If you do see Fujitsu again, tell them that those chubby green plastic clips they have inside their PCs instead of PCI-slot-screws are great BUT ONLY IF THEY SEND YOU SOME INSTRUCTIONS HOW TO USE THEM.
Anyway, you shouldn't give up on the IR35 negotiation. Of course they all have a "policy" of not deviating from the standard contract, but if the agent is (a) desperate for his commission and/or (b) good at flirting with the girls in the legal department, changes will get made. Can't you bung Abbey a few hundred quid to do the talking for you?Comment
-
Don't tell me you haven't bought one of those hot-melt devices?Originally posted by thunderlizard View PostIf you do see Fujitsu again, tell them that those chubby green plastic clips they have inside their PCs instead of PCI-slot-screws are great BUT ONLY IF THEY SEND YOU SOME INSTRUCTIONS HOW TO USE THEM.
Anyway, you shouldn't give up on the IR35 negotiation. Of course they all have a "policy" of not deviating from the standard contract, but if the agent is (a) desperate for his commission and/or (b) good at flirting with the girls in the legal department, changes will get made. Can't you bung Abbey a few hundred quid to do the talking for you?
Are you willing to give me the few hundred quid?
To be honest, regardless of my current financial situation, I am prepared to walk away from the contract if I don't get an IR35 friendly contract.If your company is the best place to work in, for a mere £500 p/d, you can advertise here.Comment
-
If I thought your company was a sound and creditworty investment I would. So noOriginally posted by pmeswani View PostAre you willing to give me the few hundred quid?

To be honest, regardless of my current financial situation, I am prepared to walk away from the contract if I don't get an IR35 friendly contract.
that is the first rule of negotiation. Never actually care about the outcome. Psychological edge guaranteed.
Comment
-
Travel and accommodation are allowable expenses under IR35. You can claim them in addition to the 5%.Originally posted by pmeswani View Postthe 5% that isn't tax deducted, won't cover a fraction of the costs. So explain it to me, please.Comment
-
And the advantage of a permie role is that when you have to travel it is paid for by the employer not from your gross salary.Originally posted by pmeswani View PostWith permie roles, I would restrict myself to where I will work (location wise). Also, I would set my salary expectations according to where the role is, and how much my outgoings will be.This default font is sooooooooooooo boring and so are short usernamesComment
-
And the advantage of being a contractor is that I get my company to pay for my travel to the client site. Not many permie employees gets their travel to work paid for by their employer.Originally posted by MPwannadecentincome View PostAnd the advantage of a permie role is that when you have to travel it is paid for by the employer not from your gross salary.If your company is the best place to work in, for a mere £500 p/d, you can advertise here.Comment
-
I thought you were worried about paying for the accommodation yourself?Originally posted by pmeswani View PostAnd the advantage of being a contractor is that I get my company to pay for my travel to the client site. Not many permie employees gets their travel to work paid for by their employer.This default font is sooooooooooooo boring and so are short usernamesComment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers

Comment