too specialised? What is it military-based ? I can't think of a skill which would be England-only in IT...unless its related to football. Please enlighten.
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
A fair taxation system?
Collapse
X
-
McCoy: "Medical men are trained in logic."
Spock: "Trained? Judging from you, I would have guessed it was trial and error." -
Yep, that's what happens. 50% up front.Originally posted by cailin maith View PostIf you have been doing it for years, I am suprised that this is the first time you have had to make a payment on account.... not implying you are stpid, at all...
I have no opinion on whether it is fair or not to be honest. It's just the way it is.. first year is always the worst but next year you will only have to make a balancing payment and then the payment on account for the following year so wont be as big a hit....my quagmire of greed....my cesspit of laziness and unfairness....all I am doing is sticking two fingers up at nurses, doctors and other hard working employed professionals...
Comment
-
It's cos they want to punish anyone not on PAYE. And get the money earlier, of course.Down with racism. Long live miscegenation!Comment
-
Yikes......scary scenario.
I've been putting 0 on my PAYE, except the last quarter, where I declare the income and make the tax and NIC payments. Works just fine for me.McCoy: "Medical men are trained in logic."
Spock: "Trained? Judging from you, I would have guessed it was trial and error."Comment
-
hmm, I managed to keep myself below the threshold before... came as a rude shock! I still think the interest policy is ludicrous though.Originally posted by Lockhouse View PostYep, that's what happens. 50% up front."Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny. "
Thomas JeffersonComment
-
Ditto.Originally posted by lilelvis2000 View PostI've been putting 0 on my PAYE, except the last quarter, where I declare the income and make the tax and NIC payments. Works just fine for me.Drivelling in TPD is not a mental health issue. We're just community blogging, that's all.
Xenophon said: "CUK Geek of the Week". A gingerjedi certified "Elitist Tw@t". Posting rated @ 5 lard pointsComment
-
I think the amount is determined from your SA form, so how you structure the PAYE payments during the year doesn't make any difference AFAIKOriginally posted by lilelvis2000 View PostYikes......scary scenario.
I've been putting 0 on my PAYE, except the last quarter, where I declare the income and make the tax and NIC payments. Works just fine for me."Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny. "
Thomas JeffersonComment
-
You can send them a form to reduce your payments on account. Your accountant should have told you about it."See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
-
I did reduce the payment; but that is when she then said that I would be charged the interest I was banging on about above.Originally posted by Moscow Mule View PostYou can send them a form to reduce your payments on account. Your accountant should have told you about it."Experience hath shewn, that even under the best forms of government those entrusted with power have, in time, and by slow operations, perverted it into tyranny. "
Thomas JeffersonComment
-
*** Must learn to read thread ***Originally posted by Ruprect View PostI did reduce the payment; but that is when she then said that I would be charged the interest I was banging on about above.
But if you make an accurate estimate (not too hard) you won't get charged interest?"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Is permanent employment still the safer bet? Yes, but it's a lot less safe than it used to be. Jun 1 04:34
- Is your Director’s Loan Account (DLA) a target of HMRC’s closer look at close companies? May 29 04:45
- Is your Director’s Loan Account (DLS) a target of HMRC’s closer look at close companies? May 29 04:45
- Contractors, are you making any of the five big limited company bank account mistakes of 2026? May 28 05:51
- ‘Welcome’ increase in HMRC mileage rates for contractors using their own cars for work May 27 05:18
- King’s Speech 2026 including a welcome Late Payments Bill still leaves contractors short May 26 04:42
- Getting a mortgage when you're a contractor. The system wasn't built for you. Is that finally changing? May 22 06:11
- How deepfake AI contractors threaten umbrella company supply chains under JSL May 20 06:31
- Mileage rates review: Will the first AMAP rethink in 15 years benefit contractors? May 19 05:57
- What is a Forward Deployed Engineer (FDE), and are FDE jobs for IT contractors ripe? May 18 04:43

Comment