IR35 was much better under Labour

[Churchill]

Agreed, but remember you aren't just laughing at me, there were 30 odd accountancy clients affected and loads more who invested in the currency scheme. One guy lost the proceeds of his house sale, which you must find hilarious.

Dry yer eyes mate!

[d000hg]

We have a situation now that is worse than it was before.

I don't consider it worse if the existing laws are enforced properly rather than in a vague unpredictable fashion. If you're not a disguised employee, who cares.

[shaunbhoy]

Agreed, but remember you aren't just laughing at me, there were 30 odd accountancy clients affected and loads more who invested in the currency scheme. One guy lost the proceeds of his house sale, which you must find hilarious.

Cry me a fooking river. Tulip happens, get over it.

[AtW]

Cry me a fooking river. Tulip happens, get over it.

Baggy is very unlucky with CUK, first the stalker, then accountant, hope this year will be good for him...

[jmo21]

Yes but really can you say that someone whose sole product is their own knowledge and all of their income comes from long term contracts really anything other than a disguised employee.

If you were that good that you could earn £50-60k for a 1 day appeareance then you have a point but when you are only working for up to say £800 per day 5 days a week and really this is just another way of being employeed - it is not really running a company for any other reason than to dodge tax.

So what IS the line you draw for a 1 man company to be considered a real company?

You mention someone earning £50-60K a day, versus "up to say £800 a day".

How do new consultancy companies start, can they only be started by more than 1 person?

Is it only after a couple of years of only being a 1 man company that the goverment then deem you as never going to become a "real" consultancy with more than 1 employee?

Define "long term" as well. Are you ok if all your contracts are less than a year? What if one slips over that long term line?

What if you have 2 long term contracts concurrently, the first 2 days a week, the 2nd 3 days a week?

What if you have a normal 5 days a week contract, and do PC repair nights and the weekend like Suity? (no dig at Suity at all here by the way, a very good example to use here).

[swamp]

This is what worries me most:

"office holders/controlling persons who are integral to the running of an organisation to have Pay-As-You-Earn (PAYE) and NICs deducted at source by the organisation by which they are engaged"

The definition of 'controlling' person could be quite wide. It could include roles like project manager, team lead, systems support. Any talk of forcing compliance on end clients is very damaging because many companies are so risk averse they would insist on PAYE for all contractors.

[Churchill]

I only ever had a limited company in the early days because that was the only way that the agencies would deal with me.

No pretensions whatsoever of being a "proper" business, no delusions of grandeur, it was just a way of getting paid.

[Bagpuss]

Yep, both events that he brought upon himself and then whinged when it all went titsup.

How exactly?

[d000hg]

I applaud your honesty, if that's the case. All this poncing about pretending to run companies makes us look as seedy as the public sector directors running PSCs.

[Churchill]

How exactly?

Didn't you see the link I posted yesterday, before RH deleted it?

Shame.