Originally posted by Pondlife
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"let’s be honest, there isn’t a contractor out there that will pass a IR35 audit"
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Afraid so. I'm fed up with it all so I've upped sticks and moved to Germany.Originally posted by Platypus View PostFrom April 1st every recruitment company that engages with contractors will have to report directly to HMRC supplying them with information about you and your contract details under the disguised self employment regulations.
This include your personal details, national insurance number, end user client details and how much they paid you; whats more is they will have to retain this information and continue reporting on it for 12 months, even after your assignment ends.
Is that true?Comment
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Anyone know minestrone's email address? I think he would want signed up for this but he's gone off in a strop so I'm willing to do it for him
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What a load of horsetulip.
It's interesting that the WHOIS shows up as
Name: Domain Admin
Organization: Whois Privacy Corp.
Mailing Address: Ocean Centre, Montagu Foreshore, East Bay Street, ****Contact the owner by email only****, Nassau New Providence 0000 BS
Yeh, right.We value your privacy and would never spam you
Scumbags.
Time to repost this: (Umbrella) companies - check them out BEFORE things go wrong!"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...Comment
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PsychoCandy will be contacting them right after he gets his ExpertsExchange membership all sorted out.Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
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Indeed, I've been trying to see if there's anything which identifies a company or individual but there's absolutely nothing from what I can see.Originally posted by cojak View PostWhat a load of horsetulip.
It's interesting that the WHOIS shows up as
Name: Domain Admin
Organization: Whois Privacy Corp.
Mailing Address: Ocean Centre, Montagu Foreshore, East Bay Street, ****Contact the owner by email only****, Nassau New Providence 0000 BS
Yeh, right.
Scumbags.
Time to repost this: (Umbrella) companies - check them out BEFORE things go wrong!
There's a phone number at the very bottom of the spam e-mail, but it's a copy and paste from another spam template onlineComment
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Yes but their insinuations as to what it entails are not.Originally posted by Platypus View Post
Is that true?
How would HMRC propose to fast track the 000's of contractors using this remuneration method, when they can't even handle 200 inquiries a year? And lose a good proportion of them on top of it, bringing in pitiful sums. I do think they have future plans for it, but that is more in relation to FLCs and targeting their campaigns.
If this is to be believed, anyway, they may be setting themselves up for failure if the OP were reflective of their intentions (dubious), as a lot of IR35 depends on the client being misled into misrepresenting the situation:
http://forums.contractoruk.com/accou...ew-months.htmlLast edited by Zero Liability; 6 March 2015, 19:14.Comment
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...April 2015, have raised concerns within the contracting industry, as HMRC now requires a great deal more information about agency workers than before.
Agencies will be required to let HMRC know the details of any workers who are not employed on a PAYE basis, including the following details:
•Contractor’s name, address, date of birth, etc.
•PAYE reference.
•National Insurance number.
•How the contractor was engaged during the period (i.e. was he working via a limited company).
•The duration of each assignment.
•Details of the contractor’s limited company (e.g. company registered number).
•How much was paid to the contractor."A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George OrwellComment
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The best way HMRC could fix this is have a separate band of corporation tax rate for one man bands, say 22%, and limit non salary expenses to 15% of turnover.
So say you bill 100k
10k salary
15k max on expenses
leaves 75k
22% one man band corp tax is 16.5k
Rest is profit for dividends.
Every contractor would gladly stick to this over some son of IR35Comment
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