IndyRef2 : This time it's war!

[agentzero]

It's been possible to register a company in Scotland since 1856. I guess your idea of 'a few years ago' is a bit different to mine.

https://www.nrscotland.gov.uk/resear...s#Registration

I should have worded it with additional "...if you want to get any contract signed."

Up until 2018 you had sod all chance of getting an agency to agree to have a Scottish Ltd Company provide PSC equivalent services. I know two people who had to set up English Ltd Companies instead. Agents being quick to ask if I had a Scottish Ltd Company and that they hoped not, prior to contractor friends having issues, suggested it wasn't a good idea.

As a guess, I expect many end clients were based in England and even Scottish agencies having formed English Ltd Companies resulting in domains being rightly or wrongly limited to England only.

[agentzero]

If you are a resident of Scotland, you will be taxed at Scottish rates for personal tax. (Until you decide to move to the right side of the border .)

For PSCs this doesn't apply. Salary is the same as yours. For most here it's £8840 + dividends of £41430.

[Whorty]

Once the Scots see all the successes of B****T then they'll be begging to stay part of the UK .... where are we at so far?

Return of Pounds and Ounces
Queens mark on pint glasses
Part trade deal with US on sheep
More powerful hoovers (are we getting that, it was the EU who took away our suckers, surely we get them back now)
All car reg numbers must change their plates to UK and not GB

Anything I've missed? Yeah, the Scots will be gagging to stay in the UK

[Mordac]

The nuances are in the data sets. As this is a contractor forum:

If you're a Director of a Limited Company formed in England, which was all Limited Companies up until a few years ago, then your corporation tax, dividend tax and income are considered to be in England, even if you reside in Scotland.

When tax intake figures are published they are incorrect, because those who are resident in Scotland but Directors of Limited Companies - PSC or more than one Director, are monetarily considered to be in England. This is a flaw in the stats that, as you can imagine, lessens the number of higher rate tax payers in Scotland quite a bit.

If you are a resident of Scotland, you will be taxed at Scottish rates for personal tax. (Until you decide to move to the right side of the border .)

[DoctorStrangelove]

would have done.

[jamesbrown]

It's been possible to register a company in Scotland since 1856. I guess your idea of 'a few years ago' is a bit different to mine.

https://www.nrscotland.gov.uk/resear...s#Registration

All the evidence points to agentzero being a Borg.

[vetran]

It's been possible to register a company in Scotland since 1856. I guess your idea of 'a few years ago' is a bit different to mine.

https://www.nrscotland.gov.uk/resear...s#Registration

Well you are getting on a bit!

[ladymuck]

The nuances are in the data sets. As this is a contractor forum:

If you're a Director of a Limited Company formed in England, which was all Limited Companies up until a few years ago, then your corporation tax, dividend tax and income are considered to be in England, even if you reside in Scotland.

When tax intake figures are published they are incorrect, because those who are resident in Scotland but Directors of Limited Companies - PSC or more than one Director, are monetarily considered to be in England. This is a flaw in the stats that, as you can imagine, lessens the number of higher rate tax payers in Scotland quite a bit.

It's been possible to register a company in Scotland since 1856. I guess your idea of 'a few years ago' is a bit different to mine.

https://www.nrscotland.gov.uk/resear...s#Registration

[Paralytic]

If you're a Director of a Limited Company formed in England, which was all Limited Companies up until a few years ago

Eh? What on earth makes you think that?

[agentzero]

Once they get to set their own tax rates (rather than tweaking the UK rate) I don't think there will be any higher rate taxpayers left in Scotland.

The nuances are in the data sets. As this is a contractor forum:

If you're a Director of a Limited Company formed in England, which was all Limited Companies up until a few years ago, then your corporation tax, dividend tax and income are considered to be in England, even if you reside in Scotland.

When tax intake figures are published they are incorrect, because those who are resident in Scotland but Directors of Limited Companies - PSC or more than one Director, are monetarily considered to be in England. This is a flaw in the stats that, as you can imagine, lessens the number of higher rate tax payers in Scotland quite a bit.