Thanks to all those who helpfully replied on this. The only conclusion I can come to is that it is a gamble, you can lower the risk by taking professional advice and in the end it depends on your own attitude to risk.
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Originally posted by socialworker View PostThanks to all those who helpfully replied on this. The only conclusion I can come to is that it is a gamble, you can lower the risk by taking professional advice and in the end it depends on your own attitude to risk.Comment
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Originally posted by socialworker View PostThanks to all those who helpfully replied on this. The only conclusion I can come to is that it is a gamble, you can lower the risk by taking professional advice and in the end it depends on your own attitude to risk.Comment
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Originally posted by socialworker View PostThanks to all those who helpfully replied on this. The only conclusion I can come to is that it is a gamble, you can lower the risk by taking professional advice and in the end it depends on your own attitude to risk.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by northernladuk View PostQuestion is do you fully understand the risk. To make a decision on how much risk you are willing to take means you must know how much it will cost you when it goes wrong. Do you know this? If not then you are not taking a risk, you are running in blindly.Comment
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Originally posted by socialworker View PostI do know roughly speaking what the risks are NLUK - not only paying tax on deemed payments but also risk of penalties not to mention putting myself on HMRC radar as iffy, which is why I am not only asking on here but doing my own research on the HMRC website, various guides, tests etc and as I have said would not actually treat myself as outside unless taking professional advice and insurance first. I think on balance for the rest of this assignment I will stay on full PAYE basis and then see if I can get properly project based work which will be a safer bet.Comment
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Originally posted by socialworker View PostI do know roughly speaking what the risks are NLUK - not only paying tax on deemed payments but also risk of penalties not to mention putting myself on HMRC radar as iffy, which is why I am not only asking on here but doing my own research on the HMRC website, various guides, tests etc and as I have said would not actually treat myself as outside unless taking professional advice and insurance first. I think on balance for the rest of this assignment I will stay on full PAYE basis and then see if I can get properly project based work which will be a safer bet.
I do think you last line is a very good decision personally so good on you if that is what you are going to do.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by northernladuk View PostI mean how much it is going to cost you.. not the process if you get caught. You need to know how many pounds shillings and pence this will cost you. THEN you know what you are playing with and can make a decision.
I do think you last line is a very good decision personally so good on you if that is what you are going to do.Comment
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