Results of the public sector consultation is up

[MrMarkyMark]

Minor point (I'm not looking for an argument ) but, since you raised it, there's nothing particularly technical about the term "withholding", and it is, indeed, a withholding tax. A withholding tax doesn't mean that it's refundable, it simply means that it is withheld, at source. Often, a withholding tax is a down-payment on a final liability and may be partially or completely refundable, but it's sometimes regarded as a final liability and/or not refundable (e.g. an international withholding tax for which a corresponding credit may or may not be available, locally, subject to treaty benefits).

That's what they all say

[jamesbrown]

That's what they all say

Aye, but I'm not, honest guv'.

[LondonManc]

Interpret the new rules how you want; they will be interpreted in Hector's favour.

[eek]

Minor point (I'm not looking for an argument ) but, since you raised it, there's nothing particularly technical about the term "withholding", and it is, indeed, a withholding tax. A withholding tax doesn't mean that it's refundable, it simply means that it is withheld, at source. Often, a withholding tax is a down-payment on a final liability and may be partially or completely refundable, but it's sometimes regarded as a final liability and/or not refundable (e.g. an international withholding tax for which a corresponding credit may or may not be available, locally, subject to treaty benefits).

True but most people won't know or care about the technicalities of the tax - withheld to them could imply refundable and so it's important to show that while the income tax parts can be reclaimed it's highly unlikely that the ni parts can be - especially the employer part that the contractor definitely isn't paying directly.

And likewise I'm not after an argument just focusing on phrasing things in ways most people can follow and comprehend

[MrMarkyMark]

True but most people won't know or care about the technicalities of the tax - withheld to them could imply refundable and so it's important to show that while the income tax parts can be reclaimed it's highly unlikely that the ni parts can be - especially the employer part that the contractor definitely isn't paying directly.

And likewise I'm not after an argument just focusing on phrasing things in ways most people can follow and comprehend

Exactly, which is why both of you guys comments are very useful

I am looking for an argument, BTW

[DaveB]

Exactly, which is why both of you guys comments are very useful

I am looking for an argument, BTW

Down the hall, 2nd door on the left.


You festering goiter.

[MrMarkyMark]

Down the hall, 2nd door on the left.


You festering goiter.

We'll see you fookin' there, yer fookin' chunt, yer....



Just in case anyone is interested in a medical definition of a "goiter"

https://www.endocrineweb.com/conditi...thyroid-goiter

[Hotsauce56]

I am finding the level of ignorance displayed by contractors in my current PS contract utterly shocking.

Up until the last week or so I have kept my cards close to my chest on this issue so as not to ruffle feathers, now that I am leaving I decided to make a few of the people I respect aware of the impending changes only to be met with 'wont affect me mate', 'they'll find a way around it', 'ill just raise my day rate', 'accountant will sort it'.

Unbelievable...

[northernladuk]

I'm surprised you are surprised. It was blatantly obvious at my PS gig and many posts has suggested the masses won't know or understand. How come you haven't spotted this before?

[Hotsauce56]

I just expected them to finally pay attention when I told them explicitly what they were in for...