Originally posted by TheFaQQer
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Dust settles - what happened?
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Last contract ended in March. It was outside IR35 (contract and working practices reviewed and signed off).
Having a gap of a month (while they were figuring things out) and now going back to same client in May. Different agent, different contract and inside IR35.
Got about a 6% increase on previous rate.
Going through a brolly (for the first time). Will probably just close my Ltd down once everything looks ok (following the advice I got from these forums, after having some time to think about it).
To be honest, after having some time to absorb and reflect - I'm now quite looking forward to getting rid of all the hassle and IR35 worries of running the Ltd for the last 10 years and just getting a simple weekly paycheck. Hopefully this gig will last a couple of years and I can just crack on and watch what unfolds before deciding what to do next.This, Jen, is the Internet.Comment
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Originally posted by Moss View PostGot about a 6% increase on previous rate.
Originally posted by Moss View PostTo be honest, after having some time to absorb and reflect - I'm now quite looking forward to getting rid of all the hassle and IR35 worries of running the Ltd for the last 10 years and just getting a simple weekly paycheck.
I've said in the past I'd be fine with a 5% increase in the dividend tax if they'd kill IR35 once and for all. The peace of mind would definitely be worth that. But I wouldn't say the same if they slashed my take-home by a quarter, or a third.Comment
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Originally posted by Moss View PostLast contract ended in March. It was outside IR35 (contract and working practices reviewed and signed off).
Having a gap of a month (while they were figuring things out) and now going back to same client in May. Different agent, different contract and inside IR35.
Got about a 6% increase on previous rate.
Going through a brolly (for the first time). Will probably just close my Ltd down once everything looks ok (following the advice I got from these forums, after having some time to think about it).
To be honest, after having some time to absorb and reflect - I'm now quite looking forward to getting rid of all the hassle and IR35 worries of running the Ltd for the last 10 years and just getting a simple weekly paycheck. Hopefully this gig will last a couple of years and I can just crack on and watch what unfolds before deciding what to do next.
Think about it - HMRC potentially have a piece of paper saying the role is inside IR35 and then they're going to say - well how was it outside before?Rhyddid i lofnod psychocandy!!!!Comment
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Originally posted by WordIsBond View PostThat's not very much considering the tax hit they've dished out to you.
I can see the appeal in that, but you've probably given up more than a quarter of your take home pay for that peace of mind. If it is worth it to you, fine.
I've said in the past I'd be fine with a 5% increase in the dividend tax if they'd kill IR35 once and for all. The peace of mind would definitely be worth that. But I wouldn't say the same if they slashed my take-home by a quarter, or a third.Rhyddid i lofnod psychocandy!!!!Comment
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Originally posted by psychocandy View PostHmm Aren't you concerned about retrospective investigation? Is this the same role (or could be argued to be)?
Think about it - HMRC potentially have a piece of paper saying the role is inside IR35 and then they're going to say - well how was it outside before?This, Jen, is the Internet.Comment
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Originally posted by WordIsBond View PostThat's not very much considering the tax hit they've dished out to you.This, Jen, is the Internet.Comment
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Originally posted by psychocandy View PostThink about it - HMRC potentially have a piece of paper saying the role is inside IR35 and then they're going to say - well how was it outside before?Comment
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I am what I drink, and I'm a bitter manComment
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Originally posted by Whorty View Post"You’re just a bad memory who doesn’t know when to go away" JRComment
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