The Official Budget 2016 thread

[heyya99]

Can someone explain why there is a distinction between private sector and public sector with respect to IR35? Don't hate me for the question, I've never contracted in the public sector.

[TheFaQQer]

APD on flights over 2000 miles increases slightly.

[DaveB]

Possibly. It really comes down to whether and how the tests change, as they explicitly mention a consultation on changing the applicable tests (read: ESI).

I'm not stressing about that too much yet. Based on the previous consultations it's only the generic bum on seat permie-tractors who need to be worried atm.

[mudskipper]

Public sector details here - separate document...

https://www.gov.uk/government/public...es-legislation


Edit: Or wot jamesbrown said. (KUATB)

[TheCyclingProgrammer]

To help engagers make the decision as to whether the contract would have been for employment or self-employment, HMRC will provide simplified guidance, including a digital tool to provide up front certainty. Answering the questions in the guidance and using the tools will give the engager HMRC’s view of the correct tax treatment.

This tool will be available to all of us so will be interesting to see how these "simplified rules" pan out whether you work for the public sector or not.

[Unix]

Can someone explain why there is a distinction between private sector and public sector with respect to IR35? Don't hate me for the question, I've never contracted in the public sector.

In the public sector you are taking directly tax payers money and not paying tax on it.

[SimonMac]

Can someone explain why there is a distinction between private sector and public sector with respect to IR35? Don't hate me for the question, I've never contracted in the public sector.

Because it looks bad for the govt to be employing tax dodgers

[DaveB]

Can someone explain why there is a distinction between private sector and public sector with respect to IR35? Don't hate me for the question, I've never contracted in the public sector.

Because ever since the WankPuffin Danny Alexander ballsed up dealing with a single instance of a senior civil service bod operating through a Ltd company, we've been in the cross hairs as filthy tax avoiding scum leeching of the Public Sector.

Plus, it's easier for them to push through stuff like this in the Public Sector before extending it to the private sector.

[Gillingham Jilly]

Can someone explain why there is a distinction between private sector and public sector with respect to IR35? Don't hate me for the question, I've never contracted in the public sector.

Because it's an ideal test bed to be used with a view to rolling out the changes wholesale right across the board and there's previous.....

[Jog On]

So if you're not a contractor doing a BAU 'job' in the public sector or a highly paid TV presenter working 'off payroll' it's pretty much keep calm and carry on?

And now my £ short position is in the red...