Dividends

[RedSauce]

Does anyone worry about using specialist "Contractor" accountants. If i worked for HMRC and wanted to get a list of people who had set themselves up in this way, i would look at the list of LtdCo's that had filed their accounts through one of these accountants.

[Platypus]

Gwan find someone you hate and give them 70% of your assets and your house, you know it makes sense

I did it once already, thanks

[DirtyDog]

Is it the end of the party?

Lawspeed issued a communication today:

Sky News and the Sun newspaper have both indicated that the Government is due to make an announcement in relation to curbing the use of self-employment as a means of avoiding national insurance, with plans expected to be outlined by the Chancellor this Thursday. The Treasury has declined to answer our own enquiries on this.

Thursday could prove to be a very interesting day.

Or it could be a boring day, and the Sun got it wrong. Stranger things have happened.

[cailin maith]

Does anyone worry about using specialist "Contractor" accountants. If i worked for HMRC and wanted to get a list of people who had set themselves up in this way, i would look at the list of LtdCo's that had filed their accounts through one of these accountants.

There is a PSC question on the Tax Return.... all they'd need to do is look at that.

[d000hg]

In reality, my clients sign up for work to be done.

You're being unusually modest

[AtW]

There is a PSC question on the Tax Return.... all they'd need to do is look at that.

And just automatically add a "fairness surchage" to the dividend amount...

[TheCyclingProgrammer]

Are we sure this isn't actually related to the expected changes to the way that the self-employed pay their class 2 NI contributions (e.g. instead of weekly/monthly by DD, they are paid through self-assessment)? Not sure this really has anything to do with one-man Ltd companies.

[eek]

Are we sure this isn't actually related to the expected changes to the way that the self-employed pay their class 2 NI contributions (e.g. instead of weekly/monthly by DD, they are paid through self-assessment)? Not sure this really has anything to do with one-man Ltd companies.

Having now found the original article that is how I read it as well. I did wonder as everytime governments have looked at the dividend issue before they have run away due to complexity.....

[AtW]

Having now found the original article that is how I read it as well. I did wonder as everytime governments have looked at the dividend issue before they have run away due to complexity.....

The complexity of their own arrangements maybe

[DirtyDog]

Are we sure this isn't actually related to the expected changes to the way that the self-employed pay their class 2 NI contributions (e.g. instead of weekly/monthly by DD, they are paid through self-assessment)? Not sure this really has anything to do with one-man Ltd companies.

Given the telling off that Osborne got last time for the number of leaks of what was going to be said, I'd be surprised if they knew too much this far in advance.