Originally posted by londonlad
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Staying in the same public sector contract after April 2017
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Originally posted by londonlad View PostWell, I don't think that's necessary as the example given is realistic and practical.
It is similar to employee working in a company. HMRC will only get ENI, NI and Tax if person is working. No income for HMRC if someone is unemployed.merely at clientco for the entertainmentComment
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Originally posted by eek View PostNope go and look at my first example. Then remember that most public sector departments will pay VAT out and reclaim it at the end of the month / quarter directly from HMRC... VAT unless you are selling from a shop to the general public is a zero sum game...The Chunt of Chunts.Comment
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Have just seen a letter e-mailed from Capita to their contractors. It talks through the changes and links to the gov.uk pages. It looked pretty good for Crapita from a quick scan. No new information. They did provide an e-mail address in case of any questionsComment
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Originally posted by MrMarkyMark View PostOr work in certain industries, finance, insurance etc......where the company cannot claim it back.
However I will add argue that with HMRC when it comes to IR35 and they will adopt their standard "VAT is a zero sum game" defence and ignore the argument (and probably the entire response).merely at clientco for the entertainmentComment
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Originally posted by 5000 View PostHave just seen a letter e-mailed from Capita to their contractors. It talks through the changes and links to the gov.uk pages. It looked pretty good for Crapita from a quick scan. No new information. They did provide an e-mail address in case of any questions'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by northernladuk View PostSo are they going to drop the BET requirements from their engagement process now?
From the letter it looks like they intend to take inside/outside direction from the public sector bodyComment
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Originally posted by eek View PostNope go and look at my first example. Then remember that most public sector departments will pay VAT out and reclaim it at the end of the month / quarter directly from HMRC... VAT unless you are selling from a shop to the general public is a zero sum game...
Scenario
Public sector employed a contractor and paid £300 + £60 (vat) = £360
Contractor Paid £60 Vat to HMRC
Assuming there is nothing else for Public sector to claim back and only claim back £60 from HMRC, so the total impact is nil.
HMRC collected £60 from contractor and paid back to public sector. Impact is nil again.
Is this the case then?Comment
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Originally posted by londonlad View PostSo if that's the case am I right in thinking?
Scenario
Public sector employed a contractor and paid £300 + £60 (vat) = £360
Contractor Paid £60 Vat to HMRC
Assuming there is nothing else for Public sector to claim back and only claim back £60 from HMRC, so the total impact is nil.
HMRC collected £60 from contractor and paid back to public sector. Impact is nil again.
Is this the case then?merely at clientco for the entertainmentComment
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