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Using a scheme (Non DOTAS) in the last 1-2 years - Help needed to rectify

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    #61
    JR is a side show and I am not too keen on it. Will pay the APNs as they come.

    My recommendation is make a knowledgeable bet and take a understood chance. Going through details of how the scheme worked and what HMRC technical position is against what promoters technical position is, anyone one can conclude if any benefit in fighting or not. It is not easy but sums involved for me are enough for me spend some weeks going through case laws and ask questions and learn. For me that gave some clarity and based on that decision to fight.

    Comment


      #62
      Originally posted by StrengthInNumbers View Post
      For all including Mr0666
      1) what is take home percentage with a limited company

      2) a couple fought all the way to House of Lords in 2006/7 against HMRC. Even when HMRC won in lower courts. And because of their fight today many couples run limited companies. What would the world be if no one stood against what is wrong because opponent has deep pockets?
      I run a ltd and I keep circa 70%, all 100% above board, I would open my books to any inspector and not be in the slightest bit concerned.

      Comment


        #63
        Originally posted by flamel View Post
        With no incentive to reach a settlement this is the only sensible course of action.
        Originally posted by DonkeyRhubarb View Post
        I can fully understand why some people choose to settle. Around 500 of the 2,500 in our scheme have done so.

        Closure/finality/moving on with your life. Everyone wants that.

        However, settling and paying up in full is a high price to pay merely on the basis that HMRC say a scheme doesn't work. (As if they would ever say anything else!)

        At the end of the day it comes down to individual choice, and we should respect whatever people decide.
        Agree with this sentiment, it is a personal choice dependent on individual circumstances and everyone wants certainty.
        It's also the size of an individual's liability. If each of us was on the hook for £100 then rightly or wrongly, we'd all pay and get on with our lives. The same would probably apply if it were £10,000.
        If the amount is beyond your ability to pay then that creates a whole different ball game as certainty is out of reach, for the moment at any rate.

        To be fair, it is highly likely that the senior bods at HMRC and certain MPs have been misled into thinking that we all earn £262,000 p.a. by some consultant / analyst and the consequences of bankrupting individuals was never thought about.
        Join Big Group - don't let them get away with it
        http://www.wttbiggroup.co.uk/

        Comment


          #64
          Originally posted by MrO666 View Post
          I run a ltd and I keep circa 70%, all 100% above board, I would open my books to any inspector and not be in the slightest bit concerned.
          And what is the average Joe's take home percentage under PAYE ?
          Mate you don't need to answer and give figures. I am just trying to point out how take percentages is the wrong argument.

          Comment


            #65
            Originally posted by flamel View Post
            To be fair, it is highly likely that the senior bods at HMRC and certain MPs have been misled into thinking that we all earn £262,000 p.a. by some consultant / analyst and the consequences of bankrupting individuals was never thought about.
            No one has been misled. They wanted a scape goat and found us as easy targets.
            http://www.taxation.co.uk/taxation/b...et-little-guys

            They were all quite until avoidance was available for only elite and politicians. Gauke's wife, Cameron's dad all were involved. Now we are just being crushed to win election.

            Comment


              #66
              Originally posted by StrengthInNumbers View Post
              They were all quite until avoidance was available for only elite and politicians. Gauke's wife, Cameron's dad all were involved. Now we are just being crushed to win election.
              I think that is a very good point. In their eyes, our moral fault and sin is not "tax avoidance" at all, it is... to have indulged in something reserved for members of the club, without belonging to the club!!!
              And that cannot be allowed, lest it should give ideas to others.
              That is why the punishment is so ferocious and merciless.
              Help preserve the right to be a contractor in the UK

              Comment


                #67
                Originally posted by MrO666 View Post
                I run a ltd and I keep circa 70%, all 100% above board, I would open my books to any inspector and not be in the slightest bit concerned.
                now this sounds very familiar.

                Comment


                  #68
                  Originally posted by StrengthInNumbers View Post
                  No one has been misled. They wanted a scape goat and found us as easy targets.
                  http://www.taxation.co.uk/taxation/b...et-little-guys

                  They were all quite until avoidance was available for only elite and politicians. Gauke's wife, Cameron's dad all were involved. Now we are just being crushed to win election.
                  Agree completely. It's ok for Gauke's wife and even himself prior to being an MP.

                  David Gauke Worked For Tax Avoidance Firm*-* GuidoFawkes

                  No doubt nearly all of the rotten lot have taken advice from accountants. Yet how dare any of the proletarians be offered such advice that should be exclusive to the establishment. We are easy pickings, low hanging fruit that can be hammered and vilified. No doubt many will be ruined but who cares in the establishment? The quality of MP's is clear to see, there was hardly any questioning and serious debate about the legislation given to HMRC. As people we are governed by intellectual pygmies who are self-serving and loathsome in their hypocrisy.
                  http://www.dotas-scandal.org LCAG Join Us

                  Comment


                    #69
                    Originally posted by webberg View Post
                    Look at the forum here. Divided by provider. That is for some good reasons but to form a fund and bring together the 100's needed to fund a fight, needs everybody to work together. That has been tried on things like JR for APN and there is NO INTEREST.
                    The split by provider is historical - it dates back to 2013 or so, when HRMC started their campaign against contractor schemes.
                    Back then, each provider had their individual plans and strategy to respond, so it made sense indeed to keep threads separate.

                    APNs of course caused a total paradigm shift, which has yet to be fully comprehended by many.

                    With that said, the "Saleos" JR is moving forward, with several thousands on-board already, and growing. As said elsewhere, the JR is a side-show, the real battle will be in court, and many will not go down without fighting - if only because they have too much at stake. We're talking people that litterally do not have any other option but to fight back. The momentum won't stop at the JR.

                    You are absolutely right in that everyone needs to work together now - and unfortunately, collaboration is not something that comes easily to freelancers who are used to doing their own thing in their corner. One needs only look at these forums, where it's Ltd Contractor against Scheme Contractor, against... etc. If Gauke and friends are reading, they must be laughing at how we are so divided that they do not even need to apply their usual divide and conquer tactics. Will they have the last laugh? only time will tell.

                    But you will find that necessity is quickly changing that mentality.

                    Originally posted by webberg View Post
                    It needs an NTRT type campaign.
                    Volunteers?
                    That is what we have been trying to do with dotas-scandal.org back in 2014, and still doing now. There are other groups out there and bridges are being built. It is not all online.

                    Of course, more help is needed. Everyone with skills, contacts, or simply good will is welcome to join forces with us.
                    Help preserve the right to be a contractor in the UK

                    Comment


                      #70
                      Originally posted by MercladUK View Post
                      now this sounds very familiar.
                      Not really sure what you're getting at ?

                      I run a UK Ltd company, taking a combination of salary (not minimum wage), reasonable expenses (all verified with receipts) and an annual dividend (yes, I take 1 divi a year). I've got QDOS TLC35 insurance, and they have verified my contracts to all be outside of IR35. If they're wrong, then the insurance covers the costs and liability.

                      My books are then ratified by a large accountancy before accounts are submitted to HMRC.

                      If you (or anyone) can find fault in that, then it means that more or less every UK Ltd company is being run illegally.

                      My main point is, I can sleep easily at night now knowing without question that HMRC won't come knocking on my door asking for a fortune. The very worst is they might dispute the odd expense, which is pennies.

                      Comment

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