BN66/S58 update

[sasguru]

I think you'll find only an hmrc tax tribunal can legally determine your IR35 status and not whatever (artificial) means you use to determine yourself to be 'outside.'

FFS, It seems to me that most of you tax evaders are little on the simple side.

I run a genuine business in that I write my own contracts, don't use an agency, will have more than one client by next month (I've been operating for 4 months), am in control of my time and my projects are contracted with my company, 90 day payment terms, have my own office and will hopefully shortly be advertising for business and a new employee.

IR35 was set up for disguised employees like yourself.

HTH, BIKIW.

[AtW]

Hang on..... why is it ok for Permies to pay more tax than Contractors?

Tax as in NICs - National Insurance Contributions, permie job gives some safety perks, now whether they are worth it or not is another question, the point being contractor kind of work is not the same as permanent employee unless contract is employee in disguise.

[AtW]

That's their job and they aren't very good at it.

No, HMRCs job is to get tax into coffers - they should use all available means to make it happen even if that results in a bunch of people spending rest of their lifes in jail.

[BolshieBastard]

What the HMRC should really do for contractors who are disguised employees (and that criteria is fairly easy to define IMO: e.g. immediate payment terms, no advertising spend, more than 1 year contracts, single "client" at any time) is offer them a proportional to gross earnings, fixed rate tax free lump sum to compensate for not having sick pay, pension, training and other permie benefits.
And this should be a relatively generous tax-free sum.
All other earnings to be taxed as if you were on permanent salary.
But hey that would be too easy

Its interesting you use and appear to like the term 'disguised employee' in a derogartory sense. Client company's never used the term, never had a problem having a flexible work force (in the loosest terms ) ).

So, its clear your beef isnt just with BN66 people is it? You have a problem with contractors in general. How very strange.

[sasguru]

Its interesting you use and appear to like the term 'disguised employee' in a derogartory sense. Client company's never used the term, never had a problem having a flexible work force (in the loosest terms ) ).

So, its clear your beef isnt just with BN66 people is it? You have a problem with contractors in general. How very strange.

We all know what a "disguised employee" is, I'm sure.

[BolshieBastard]

FFS, It seems to me that most of you tax evaders are little on the simple side.

I run a genuine business in that I write my own contracts, don't use an agency, will have more than one client by next month (I've been operating for 4 months), am in control of my time and my projects are contracted with my company, 90 day payment terms, have my own office and will hopefully shortly be advertising for business and a new employee.

IR35 was set up for disguised employees like yourself.

HTH, BIKIW.

Oh dear, what an ego. Your tax tribunal hearing should be something to behold.

[BolshieBastard]

We all know what a "disguised employee" is, I'm sure.

Yes, it was an artificial concept drawn up by government and hmrc to take more tax from a section of the workforce.

Why do you pretend it is anything different?

[sasguru]

Oh dear, what an ego. Your tax tribunal hearing should be something to behold.

I've just stated some facts. I would welcome a tax tribunal hearing and have no fear of one.
But given that you're not coming across as the sharpest tool in the box, in that you can't seem to distinguish the markers that differentiate a disguised employee from a legitimate business, I'm not surprised you made the judgement to join a dodgy tax avoidance scheme.
That lack of judgement is evident in some others of your not-so-merry band.
Anyway we should leave it there, this discussion is pointless for me and I've a business to grow.

[DonkeyRhubarb]

So how those contractors of yours dodging corporation tax of 20%?

I don't recall how 75% is achieved through a Ltd Co. Maybe someone else here can explain how this is possible?

[d000hg]

Contractors and permies are not indeed in same circumstances.

However 2 contractors who do same job but one uses offshore scheme should not expect to pay 3.5% tax when the other one pays 40%.

a)Well a contractor who puts himself inside IR35 is doing the same job as one who realises he is outside IR35. Maybe it's the fault of those paying 40%+NI for being so poorly educated on taxation laws?

By your argument 2 contractors who do the same job but one is inside IR35 and the other outside is just as bad.