Originally posted by eek
View Post
- 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!
Really CWJobs?
Collapse
X
-
It's even more profitable if nobody uses the schemes. And it's even less work if they can stop people using them. Hence banning the advertising of such schemes.Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishing -
Simple way to stop this tulip:
1) Any scheme provider doing it for UK tax residents MUST be licensed and located in UK - otherwise it's jail time.
2) Scheme promoters (people not Ltd they hide behind) should be made jointly and severally liable for any tax/penalties that become due later when "scheme" turns out to be "not working".
3) They should also have acceptable insurance cover in the event they go bankrupt - failing to maintain that should lead to a very long jail sentence.
4) Usage of any such scheme should have increased penalties - more "hops" money make from one artificial entity to another the higher the penalties.
And if they don't like it then they can relocate their business to rob taxpayers of some other country
Last edited by AtW; 28 August 2013, 11:52.Comment
-
For the scheme provider or the customers? If they're not in the UK then they won't be going to jail in the UK...Originally posted by AtW View PostSimple way to stop this tulip:
1) Any scheme provider doing it for UK tax residents MUST be licensed and located in UK - otherwise it's jail time.Originally posted by MaryPoppinsI'd still not breastfeed a naziOriginally posted by vetranUrine is quite nourishingComment
-
Scheme provider - they should have a UK license with a UK HQ to provide such services to UK tax residents (who can be located elsewhere). Money earned by the UK office should pay all UK taxes.Originally posted by d000hg View PostFor the scheme provider or the customers? If they're not in the UK then they won't be going to jail in the UK...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
- HMRC standstill agreements extended to 72 months: why the term's doubled, and what to check before signing Today 05:53
- Who owns the loans? Inside the mystery of the loan charge recall scandal Yesterday 06:20
- Umbrella company winding-up petitions in 2026: the practical guide for contractors Jul 29 05:29
- Payments on Account deadline: what contractors must do before July 31st — maybe for the final few times Jul 28 08:01
- Andy Burnham's first 100 days: five things contractors need from the new PM Jul 27 00:53
- Starmer vs Burnham on housing: What their rival plans mean for your contractor mortgage Jul 22 00:59
- Burnham's housing vision vs. Starmer's home-buying reforms: what it means for your contractor mortgage Jul 22 00:59
- In Khalil v Innovate Transport, a limited company contractor wasn’t a worker and was on £2.30 — not £230 Jul 21 07:58
- Andy Burnham is PM: 5 new IT policies set to shape UK tech and its contractors Jul 20 06:29
- Taxed on money I haven't earned yet? Bold move, HMRC Jul 17 08:36

Comment