Dividends beyond £5k taxed wef 2016!!

[MarillionFan]

So the changes in the budget have impacted my future plans. I was planning a return to contracting in April having maxed out my pension tax relief this year and then using my share payments from work to max out again in April 2016, where I was then going to head back into the fray knowing my future pension was sorted and I didn't have to kill myself contracting. Now unsure what all the numbers are.

Also don't quite understand the impact on the BtL changes.

I don't suppose one of our accountancy colleagues fancies doing some contractor examples of how everyone would be affected? One person, income share, expenses etc.Admin could we get an article on the front page on how the budget impacts?

[SimonMac]

I also think the expenses thing could cripple a lot of contractors.

That will be the killer for me, there is nothing close to home worth going for, and without the deductions of expenses it won't be viable to work away for the loss of time with family

[cojak]

This on the day that I just happen to have an interview for a permie role.

I might play it somewhat differently to what I expected on Monday :/

[The Spartan]

So the changes in the budget have impacted my future plans. I was planning a return to contracting in April having maxed out my pension tax relief this year and then using my share payments from work to max out again in April 2016, where I was then going to head back into the fray knowing my future pension was sorted and I didn't have to kill myself contracting. Now unsure what all the numbers are.

Also don't quite understand the impact on the BtL changes.

I don't suppose one of our accountancy colleagues fancies doing some contractor examples of how everyone would be affected? One person, income share, expenses etc.Admin could we get an article on the front page on how the budget impacts?

Good idea MF, I was about to invest in a BTL this year but I'm a bit unsure of what the changes will mean?

[SimonMac]

Good idea MF, I was about to invest in a BTL this year but I'm a bit unsure of what the changes will mean?

BTL changes should only impact you if you are a 40% tax payer, as most contractors will do what they can to stay below this, it shouldn't be an issue for us, only permies like MF

[SimonMac]

This on the day that I just happen to have an interview for a permie role.

I might play it somewhat differently to what I expected on Monday :/

I was getting disillusioned with working away so much, and applied for a permie job (selling it to myself as Reskilling In Permie), was only an half arsed expression of interest but suppose like you will react differently now then I did yesterday.

[BrilloPad]

This on the day that I just happen to have an interview for a permie role.

I might play it somewhat differently to what I expected on Monday :/

Just remember you have to be a contractor to be a mod.

What do you mean that makes you want to be permie even more? Just because you have been trying to resign for years and admin can find no-one stupid enough to say yes....

[MarillionFan]

Just remember you have to be a contractor to be a mod.

What do you mean that makes you want to be permie even more? Just because you have been trying to resign for years and admin can find no-one stupid enough to say yes....

I've told Admin I'll do it. This town needs a cleaning and I'm just the new Sheriff for the job.

[SimonMac]

I've told Admin I'll do it. This town needs a cleaning and I'm just the new Sheriff for the job.

Only sheriff's badge you will be getting is rusty!

[eek]

I've told Admin I'll do it. This town needs a cleaning and I'm just the new Sheriff for the job.

I seem to remember your previous trial resulted in a board with no members other than yourself and admin.....

And the only reason admin was still a member was because you couldn't ban him even after 15 attempts...