Originally posted by PurpleGorilla
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Considering a new public sector role.
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Probably a stupid Q which may well have been answered elsewhere, but I've looked and can't easily find it. How do you let HMRC know that Tax and NI have already been deducted at source, so you don't have to pay twice and claim back at year end? As I'm seeing it, I would have to pay tax & NI (including employers NI on the full rate) on income which has already been taxed. I know it all gets settled (hopefully) in April 2018, but in the meantime, wtf?His heart is in the right place - shame we can't say the same about his brain...Comment
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Agent.Originally posted by BackupBoy View PostDirect or via a consultancy/managed service provider, may I ask?Comment
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The payer would report it by RTI, but it's a good question. I guess your accountant will pick up the resultant mess.Originally posted by Mordac View PostProbably a stupid Q which may well have been answered elsewhere, but I've looked and can't easily find it. How do you let HMRC know that Tax and NI have already been deducted at source, so you don't have to pay twice and claim back at year end? As I'm seeing it, I would have to pay tax & NI (including employers NI on the full rate) on income which has already been taxed. I know it all gets settled (hopefully) in April 2018, but in the meantime, wtf?Comment
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Thanks. I've been sent what's probably the same gig.Originally posted by PurpleGorilla View PostAgent.
Probably worth being inside for that rate.Comment
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Would that be the one you don't have anymore as you're not allowed to expense them as the Govt say you won't need their expertise?The payer would report it by RTI, but it's a good question. I guess your accountant will pick up the resultant mess.
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Good point. My, this is starting to look like a cataclysmic clustershag of somewhat epic proportions, isn't it.Originally posted by b r View PostWould that be the one you don't have anymore as you're not allowed to expense them as the Govt say you won't need their expertise?
His heart is in the right place - shame we can't say the same about his brain...Comment
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Am loving that terminology.Originally posted by Mordac View PostGood point. My, this is starting to look like a cataclysmic clustershag of somewhat epic proportions , isn't it.
It's not really starting. It's been looking like this quite a few months ago albeit at a higher level back then.'CUK forum personality of 2011 - Winner - Yes really!!!!
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On that basis alone surely the best idea would be to pay into the LTD. That way you can contributions from your own cash up to your salary and get an extra 20/40%, as well as being able to bung up to £40k p.a. from the company.Originally posted by Patrick@Intouch View Post
If making pension contributions through employed income then your contributions would be limited to the amount of salary that you take thereby limiting the benefit to you.
Or have I missed something?See You Next TuesdayComment
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Originally posted by PurpleGorilla View PostThe question is, whether £700 a day makes it worthwhile...
The Chunt of Chunts.Comment
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