The official "Autumn Statement 2015" AKA "End of Contracting" thread

[PurpleGorilla]

So let me get this straight,

All things being equal (2 year rule etc) as long as my business operates outside IR35, even if contracted via an agency (myco - agent - client) I should be able to still pay T&S?

[MrMarkyMark]

Eh? The text clearly indicates that ER will be effectively nuked for PSCs - when it's announced clearly it would take immediate effect to prevent people from shutting down companies - this is my opinion, not a financial or legal advice.

Starting with a consultation, by EOY.

I suspect this will then become law April 2016.

[TheFaQQer]

So let me get this straight,

All things being equal (2 year rule etc) as long as my business operates outside IR35, even if contracted via an agency (myco - agent - client) I should be able to still pay T&S?

That is my understanding, yes.

[EternalOptimist]

So all that huff and puff and doom and gloom in the other thread was a complete waste of time and angst.



ha ha gotta see the funny side.

you want to see my rash ? still, eh.

make me so angry that I want to invoice twice as fast and three times as often

[PurpleGorilla]

That is my understanding, yes.

Sweet.

[vetran]

Well, I want him to raise taxes in order to provide for a more equitable society, in which the NHS is adequately funded, and assistance is available to the disadvantaged. But I'm given to understand that I'm a bit of an outlier on here

yeah because of vicious Tory cuts we don't have enough money to spend on services.

UK Government spending – real and as % of GDP | Economics Help

What does the government spend its money on? | Economics Help

[AtW]

Starting with a consultation, by EOY. I suspect this will then become law April 2016.

Yes, and take into account two things:

1) when this change is announced it would be immediate from midnight that day
2) liquidating company isn't exactly something you can do in 24 hours

You may not even have time to finish it before next budget is announced.

[VectraMan]

So what happened? I had to go out for an hour. Have I missed the apocalypse?

[FarmerPalmer]

delayed until 2017/18 ?

https://www.gov.uk/government/upload...Accessible.pdf

Page 118, labelled as Page 112 - point 18

[VectraMan]

So ER is toast, and T&S is fine as long as you're outside IR35.

I wonder where this leaves people working through umbrellas? Does it mean they have to now jump through all the same IR35 hoops to be able to claim expenses?