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So...anybody ask for any of this?
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Originally posted by TykeMerc View PostThat REALLY worries me.
:::
Those clowns at IPSE do NOT represent me nor do I recognise their manifesto.Work in the public sector? Read the IR35 FAQ hereComment
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Originally posted by malvolio View PostThat's total bollocks, but hey, it's a good rant.
If you're that concerned, get over there and make your case; it's pointless banging on to your fellow sceptics over here. Like it or not, they have the ear of Westminster and can make opinions felt. If you want them to be your opinions, you have to contribute.
Incidentally, everyone on the Board and the CC are working contractors, just like you. I haven't seen any tendencies toward professional suicide from any of them.Comment
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Originally posted by TheFaQQer View PostI think the main points are:
- It would get rid of IR35 concerns.
- It would reduce the amount of red tape required to run the company.
- It would result in lower taxes because NI and PAYE would be merged into one simple payment.
- It would be optional, so you wouldn't need to do it if you didn't want to do it.
I'm sure if I'm wrong someone will correct me, but that seems to be the summary from the IPSE threads that I have read / participated in.
I'm not saying I agree with any / all of those, but that's the argument that has been put forward.
As if. Its hardly a lot of paperwork to run a limited company. The difficult bit is dividend payments and tax returns. The latter won't disappear.
how does merging 2 taxes make the end result smaller.
Optional I can't imagine it will be optional..
And I post it here as I want nothing to do with that bunch of fools. It makes it easier to argue otherwise when sat in a House of Commons bar having a drink with friends...merely at clientco for the entertainmentComment
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Reading that is not heartening.
I don't usually take much notice of PCG/IPSE beyond paying for membership to get the tax investigation cover, but the way they are going, if I can find the same sort of package elsewhere, I don't think I'll be renewing my membership."Being nice costs nothing and sometimes gets you extra bacon" - Pondlife.Comment
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Originally posted by DaveB View PostReading that is not heartening.
I don't usually take much notice of PCG/IPSE beyond paying for membership to get the tax investigation cover, but the way they are going, if I can find the same sort of package elsewhere, I don't think I'll be renewing my membership.In Scooter we trustComment
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Originally posted by mudskipper View PostBut why would they do this? What motivation?
Not that I'd accuse them of corruption, but anyone who argues that they have no personal agenda or motivation in being part of an executive is either deeply confused or outright lying.Comment
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Originally posted by DaveB View PostReading that is not heartening.
I don't usually take much notice of PCG/IPSE beyond paying for membership to get the tax investigation cover, but the way they are going, if I can find the same sort of package elsewhere, I don't think I'll be renewing my membership.
If the PCG/IPSE organisation was truly a lobby group then the insurance product as it stands would be available elsewhere at the same price, it's a bribe to pad membership numbers.Comment
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Originally posted by TykeMerc View PostThat REALLY worries me.
It's a recipe for the agency regs to be changed again to insist that people use FLC's, then the rules, tax treatment and protections for FLC's can be changed independently from Ltd companies. Bye bye any concept of being a true business for very many contractors
The fact a handful of people come bleating about "I'm very much a real business thank you" doesn't change that. I'm one of those people!Last edited by d000hg; 4 November 2014, 10:58.Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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Originally posted by eek View PostYep because you will be paying that tax
As if. Its hardly a lot of paperwork to run a limited company. The difficult bit is dividend payments and tax returns. The latter won't disappear.
how does merging 2 taxes make the end result smaller.
Optional I can't imagine it will be optional..
It will be as optional as the opt out, once agencies accept that they will only deal with umbrella or FLCs. As anyone who has had the opt out discussion with an agent knows, optionality doesn't come into it. You could even extend it a bit further and make the regulations not apply at all to anyone operating via an FLC - takes away the opt out argument by removing any rights you would have by remaining inside.
I have made these points in the IPSE forums as well as here and had the normal response.Comment
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