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
- IR35: IT contractors ‘most concerned about off-payroll working rules’ Feb 4 07:11
- Labour’s near-silence on its employment status shakeup is telling, and disappointing Today 07:47
- Business expenses: What IT contractors can and cannot claim from HMRC Jan 30 08:44
- April’s umbrella PAYE risk: how contractors’ end-clients are prepping Jan 29 05:45
- How EV tax changes of 2025-2028 add up for contractor limited company directors Jan 28 08:11
- Under the terms he was shackled by, Ray McCann’s Loan Charge Review probably is a fair resolution Jan 27 08:41
- Contractors, a £25million crackdown on rogue company directors is coming Jan 26 05:02
- How to run a contractor limited company — efficiently. Part one: software Jan 22 23:31
- Forget February as an MSC contractor seeking clarity, and maybe forget fairness altogether Jan 22 19:57
- What contractors should take from Honest Payroll Ltd’s failure Jan 21 07:05

Comment