Results of the public sector consultation is up

[SueEllen]

With regards to the whole public / private sector divide ( at present ), would an idea be to maintain Ltd for private sector work, use a brolly for public?

Note I didn't say it was a good idea, there are probably loads of reasons to shoot that idea down over.

Depends on how much your accountant costs a month.

Use the cheapest method.

[malvolio]

If members are saying the only reason why they are members is insurance you probably need to not argue that point and start marketing the other "benefits" better. Otherwise April onwards may be very painful for IPSE

Yeah, whatever. IPSE are the only people fighting this battle, I get seriously annoyed at the negativity from those who don't even stand up to be counted.

A close friend died today. The free £5k life insurance held by all IPSE members will go a little way towards helping his wife deal with the aftermath.

[eek]

Yeah, whatever. IPSE are the only people fighting this battle, I get seriously annoyed at the negativity from those who don't even stand up to be counted.

A close friend died today. The free £5k life insurance held by all IPSE members will go a little way towards helping his wife deal with the aftermath.

The first bit isn't relevant to the quote you are linking to so clearly as you are not in a fit state to argue it's probably better that you don't.

Oh and that marketing plug is in awfully bad taste and given that I read the IPSE forum actually confirms my statement that IPSE isn't marketing the other benefits. Thankfully someone ensured the family was aware of the benefit before it was too late.

[Cirrus]

Surely there ought to be a mechanism whereby the company can reclaim the over-deducted taxes, as the company supposedly need that money for operational costs such as accounting, legal, equipment, insurance and other expenses as well as employer's pensions contributions?

I'm disappointed they took away the 5%. There was a logic to that, I can't see why they've changed. I've heard 'because you don't need to fret about status anymore' but it was more about business expenses than legal.

With pensions you will get tax refunded to a degree when you make personal (taxed) contributions. It's less than now but permies generally can't stick massive wadges of cash into their company pensions so there is some argument for it.

Without such a mechanism the company will not have the money to fulfil its employer obligations. It is as if the HMRC intentionally is forcing PSC's to break the law.

I think it is very tricky to start talking about obligations to yourself. If you haven't kept back enough cash/credit to pay yourself when you're sick, isn't that a matter of prudence rather than law?

[eek]

I'm disappointed they took away the 5%. There was a logic to that, I can't see why they've changed. I've heard 'because you don't need to fret about status anymore' but it was more about business expenses than legal.

With pensions you will get tax refunded to a degree when you make personal (taxed) contributions. It's less than now but permies generally can't stick massive wadges of cash into their company pensions so there is some argument for it.


I think it is very tricky to start talking about obligations to yourself. If you haven't kept back enough cash/credit to pay yourself when you're sick, isn't that a matter of prudence rather than law?

The logic is that there should be no incentive to running a limited company - that 5% offered an incentive hence it has to go....

Pensions you can claim the Income tax part back, just not the NI part. As I said above its probably one of the big reasons for trying for employment rights....

[marius123]

Apologies if I've missed this in the discussions but alongside fairly full time contract work I do much shorter engagements which include things like running a training course or workshop for a client or doing a small consulting engagement (we're talking days here).

Some of these clients have been public sector in the past.

Is there some sort of threshold on length if it's consulting? Is a training course or workshop fine anyway because it's a product being delivered (like the web developer example in the guidance?).

[malvolio]

The first bit isn't relevant to the quote you are linking to so clearly as you are not in a fit state to argue it's probably better that you don't.

I think I'm still coherent thanks. And it's entirely relevant unless you can show me one post that you have made that is fully supportive of IPSE's activities.

Oh and that marketing plug is in awfully bad taste and given that I read the IPSE forum actually confirms my statement that IPSE isn't marketing the other benefits. Thankfully someone ensured the family was aware of the benefit before it was too late.

In your opinion. I'm not marketing anything. Were you paying attention in the other place you may have seen that marketing and communicating the range of IPSE's benefits more effectively was one of my main proposals. Let's see how that develops, shall we.

[northernladuk]

Blimey. Mal and Eek are the new NLUK and PC...

[northernladuk]

Apologies if I've missed this in the discussions but alongside fairly full time contract work I do much shorter engagements which include things like running a training course or workshop for a client or doing a small consulting engagement (we're talking days here).

Some of these clients have been public sector in the past.

Is there some sort of threshold on length if it's consulting? Is a training course or workshop fine anyway because it's a product being delivered (like the web developer example in the guidance?).

I'd say so yes.

[b r]

Fine, then the MD is outside IR35. But all his minions are. I sit next to them ! So by fairness those portions of the KPMG bill should be taxed under Paye.

Which is the point I made on the 'how many workers does a business need to not be a PSC'.


It's less than now but permies generally can't stick massive wadges of cash into their company pensions so there is some argument for it.

Except employees can usually make personal contributions to a company scheme, which are net of tax - ie when you get a bonus.