Does anyone else feel like they are being financially ripped by the tax-man

[eek]

What a low life elitist comment to make.

Most contractors have worked fully within the laws of the time and honestly pay the taxes that were due, many £10,000s every year, corporation and personal.

If you want to have a poke at tax evaders start with 'businesses' like take-aways and traders who only take cash, and those that sit on the dole all their lives living off the tax we have earned and paid.

Do you work for hmrc?

He is exactly the opposite. As for the rest of your comment what has that got to do with IR35 which in HMRC's eyes is about the abusive use of contracts to avoid paying Employer NI.

[northernladuk]

Well if he's got nothing else right the OP's user name is spot on.

[mockedguy]

He is exactly the opposite. As for the rest of your comment what has that got to do with IR35 which in HMRC's eyes is about the abusive use of contracts to avoid paying Employer NI.

I doubt if any contractor has ever said to themselves 'I am going to set up a ltd company to avoid paying NI'. Agencies and clients are the ones who have always dictated as a condition to work with them you must have a Ltd Cpy.

[eek]

I doubt if any contractor has ever said to themselves 'I am going to set up a ltd company to avoid paying NI'. Agencies and clients are the ones who have always dictated as a condition to work with them you must have a Ltd Cpy.

Why do you think:-

1) HMRC are changes the rules to how they should have been implemented in 2001
2) I said things the way I said it.

Companies now have a choice - do they want an employee (even temporarily) or do they want a defined service with a fixed(ish) statement of work...

[northernladuk]

I doubt if any contractor has ever said to themselves 'I am going to set up a ltd company to avoid paying NI'. Agencies and clients are the ones who have always dictated as a condition to work with them you must have a Ltd Cpy.

That's completely wrong. We've had plenty on here and we've guides how to do it for newbies. The whole draw of contracting is to do it via LTD. You are going from the sublime to the ridiculous now.

[northernladuk]

Mods. Can we cut this thread from where mockedguy stepped in and move it to General please?

[mockedguy]

That's completely wrong. We've had plenty on here and we've guides how to do it for newbies. The whole draw of contracting is to do it via LTD. You are going from the sublime to the ridiculous now.

This is exactly how it has worked for years in IT. Before an agent even puts you up for a role they want to know you have a ltd cpy. Have had that conversation 100s of times. Where have you been? Or are you not in IT?

[KinooOrKinog]

I doubt if any contractor has ever said to themselves 'I am going to set up a ltd company to avoid paying NI'. Agencies and clients are the ones who have always dictated as a condition to work with them you must have a Ltd Cpy.

Not true. When I first started contracting I used an umbrella for my first two roles before I set up my LTD. That was just a personal choice & I wasn't getting the message from agents or clients that it was essential.

[northernladuk]

This is exactly how it has worked for years in IT. Where have you been?

LOL.. You are taking the piss now.

At least we've found a fairly comprehensive guide to spotting a clueless permatractor.

[northernladuk]

Not true. When I first started contracting I used an umbrella for my first two roles before I set up my LTD. That was just a personal choice & I wasn't getting the message from agents or clients that it was essential.

Exactly same.