Originally posted by TheFaQQer
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Dust settles - what happened?
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Agreed. I had such a clause amended to specifically rule out any such liability. I'd much rather it was just removed but was able to live with off-payroll specifically being excluded. -
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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That's not very much considering the tax hit they've dished out to you.Originally posted by Moss View PostGot about a 6% increase on previous rate.
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.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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Hmm Aren't you concerned about retrospective investigation? Is this the same role (or could be argued to be)?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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6% nah. I just took an inside role (no previous work there so no retrospective worries) in which they'd upped the rate by 30% to accomodate. Which works for me.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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I am concerned. However, given that I've had over a month between contract start and end date, and the new contract is a new contract with a different agency, and the old one got contract and working practices reviewed and signed off by client as being outside - I'm hoping that's enough to make it not worth investigating if it ever comes up. Plus I'm going to close down my Limited, which should help.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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I'm happy with it though. It's an increase on an already decent rate and on a great project/tech and perfect location so works for me. I'm pretty sure I couldn't get much more from them, and it's better than any alternative I can see at present.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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Do HMRC have any information that says "this person is doing the same role"? Do they have any information that says "this role is the same"? Do they have any information other than "this person used to appear on the agency reporting requirements and now doesn't"?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 man
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Odd that (not)....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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