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What's the most ridiculous....

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    #11
    Originally posted by LisaContractorUmbrella View Post
    Definitely less than 120% but I think it might be a bit safer
    Do you have a QC opinion?

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      #12
      Originally posted by Old Greg View Post
      Do you have a QC opinion?
      No but I can get one if you'd like - what would you like it to be on?
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        #13
        Originally posted by LisaContractorUmbrella View Post
        No but I can get one if you'd like - what would you like it to be on?
        So you don't seem so safe now do you?

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          #14
          Originally posted by Old Greg View Post
          So you don't seem so safe now do you?
          That is true but only if your safety is dependent on the legal opinion of someone who is being paid to have the legal opinion that you are paying them to have
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            #15
            Originally posted by LisaContractorUmbrella View Post
            That is true but only if your safety is dependent on the legal opinion of someone who is being paid to have the legal opinion that you are paying them to have
            But you have some magic umbrella with no legal opinion or backing, that somehow removes a big chunk of a contractors hard earned.

            With an income of £100k, I can offer a cast iron QC backed take home of £120k. That's why more and more contractors are saying YES! to Oude Joris.

            What take home do they get on £100k with you?

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              #16
              Originally posted by Old Greg View Post
              But you have some magic umbrella with no legal opinion or backing, that somehow removes a big chunk of a contractors hard earned.

              With an income of £100k, I can offer a cast iron QC backed take home of £120k. That's why more and more contractors are saying YES! to Oude Joris.

              What take home do they get on £100k with you?
              Well, PAYE doesn't really need magic but I'll be certain to mention your scheme to HMRC next time I see them - I'm sure they'll be fascinated
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                #17
                Originally posted by LisaContractorUmbrella View Post
                Well, PAYE doesn't really need magic but I'll be certain to mention your scheme to HMRC next time I see them - I'm sure they'll be fascinated
                And like so many of these 'schemes', you won't tell us what the take home is on £100k. Smoke and mirrors. Of course HMRC doesn't have jusrisdiction over my scheme.

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                  #18
                  Originally posted by Old Greg View Post
                  And like so many of these 'schemes', you won't tell us what the take home is on £100k. Smoke and mirrors. Of course HMRC doesn't have jusrisdiction over my scheme.
                  Oooh stroppy It's got nothing to do with not wanting to give you a take home % on £100,000 - here you go :

                  Monthly

                  Income 8333.33
                  Expenses 0.00



                  Employer's NI 920.69
                  Employee's NI 414.27
                  Employee Tax 2,079.66
                  Total All Tax 3,414.62
                  CU Margin 95.00
                  Total Net Income 4,825.73
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                    #19
                    Originally posted by LisaContractorUmbrella View Post
                    Oooh stroppy It's got nothing to do with not wanting to give you a take home % on £100,000 - here you go :

                    Monthly

                    Income 8333.33
                    Expenses 0.00



                    Employer's NI 920.69
                    Employee's NI 414.27
                    Employee Tax 2,079.66
                    Total All Tax 3,414.62
                    CU Margin 95.00
                    Total Net Income 4,825.73
                    So here's mine

                    Income £8333.33
                    VAT £1666,67
                    Total Net Income £10,000

                    And I have a QC opinion.

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                      #20
                      Is your QC's opinion that you should practice yoga so that you will definitely be able to touch your toes when HMRC come calling
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