Originally posted by Chevalier
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Churchill Knight & Boox clients being investigated as Managed Service Companies
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Originally posted by antuk View Post
Including expenses in the calc is messy, am still under 50% but the number is higher as I had a lot of re-charged expenses to the client for client travel. These would have been expenses if I was perm employee too so it seems a tad unfair to include them if the basis is perms cant claim expenses.
Feeling totally shafted but hey hoComment
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Originally posted by antuk View Post
Including expenses in the calc is messy, am still under 50% but the number is higher as I had a lot of re-charged expenses to the client for client travel. These would have been expenses if I was perm employee too so it seems a tad unfair to include them if the basis is perms cant claim expenses.
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Originally posted by VSCodeDude View PostGregRickshaw I would like to say a massive thank you for your calm head on this.
I've just had the 2018/2019 and 2019/2080 and NIC arrive. I've made my 1st POA on the 2017/18 Reg 80 and I will do the others tomorrow and the day after. (daily limit exceeded)
I have a clearer head now I'm hoping that some of the DT and CT will be able to cover part of debt if we lose. Regarding the NIC I can't afford to make a POA nor did I get the options so the best I can hope for on that is a long TTP if we were to lose.Comment
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Originally posted by nekro View Post
How did you make PoA? Did you use the safe code in your Reg 80 letter or did you contact HMRC and they gave you a different code?
This is how I need to approach the situation to keep a calm head.Comment
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Originally posted by VSCodeDude View Post
I used the safe code that I have on my reg 80. I’ve only done the first year for now. I’ll wait for my appeal 2018/2019 to be confirmed before I make more. I think that I’ll be in a good place if I can do all 3. With the CT and dividends tax refunds (fingers crossed) I think we can survive this without life changing consequences.
This is how I need to approach the situation to keep a calm head.
Take the Div Tax, the CT tax reclaims from the PAYE then add the Employers NIC to that (taking off your own NIC) and * it by the 3 years and you have your rough liability.
Times that by the 2,000+ contractors involved and at a conservative estimate you are looking at around £73,000,000 into HMRC coffers, all of it coming from innocents and zero from the MSCP! Utter farce and an the whole a disgrace.Comment
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Originally posted by nekro View Post
How did you make PoA? Did you use the safe code in your Reg 80 letter or did you contact HMRC and they gave you a different code?Last edited by GregRickshaw; 11 November 2022, 19:20.Comment
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Originally posted by Scanti View PostSame here, also only got paid when worked (No sick or Holiday pay)
Feeling totally shafted but hey hoComment
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Having seen the announcement yesterday from CK (re fund raiser) I would say HMRC just moved into a very (even stronger) strong position.
Pay on account
Put this to bed and go on with your lives
and possibly
1) say a little prayer HMRC don't double tax you
2) start buying premium bonds or (lottery tickets).
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Originally posted by GregRickshaw View PostHaving seen the announcement yesterday from CK (re fund raiser) I would say HMRC just moved into a very (even stronger) strong position.
Pay on account
Put this to bed and go on with your lives
and possibly
1) say a little prayer HMRC don't double tax you
2) start buying premium bonds or (lottery tickets).Public Service Posting by the BBC - Bloggs Bulls**t Corp.
Officially CUK certified - Thick as f**k.Comment
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