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It's good to talk ........
It's good to talk ........
Not really keen to get in a dicussion with IR regarding NI payments while I was with an MSC would rather just pay up
Why not?
You were through Giant as a MSC ... READ: Managed Service Company ... ie., they were "managing" parts of your...
YES! WHAT'S IT GOT TO DO WITH YOU! DS?!
OK - we are both having a dig, but come on, this is a naff posting.
Verbal diarrhea.
HMRC has laid down the gauntlet to freelancers to behave like business's in their own right and act accordingly. Some of the postings on this website lead me to despair...
Huh!
Huh!
WTF are you on about?
Have you ever, in your life, had to write a letter to people you do not know and expect them to understand your rambles?
FFS - do you actually charge for your services? If it's charity then I apologise.
Agency wanting information
I would ignore it. Let them hound you by email, text, phone, whatever - ignore. Do you really think they are going to slam on the brakes the day your current contract runs out and cut off one of their "income streams"? If you hit an impasse then ,perhaps, send a...
Good news for the big boys!
Good news for the big boys!
Surely this latest debacle by HMRC has knocked the wind out of their sails. This should mean less time and resources to confront Brookson and the like regarding "Business Models" and "Compliancy" so a bit of a breather for those members...
Dodgy? Ask HMRC.
Dodgy? Ask HMRC.
Ask HMRC then..............
http://www.hmrc.gov.uk/employment-status/info.htm
It's a direct email facility. See if you get an unequivocal response, I couldn't six months ago. I suppose the cloudy environment suits them. Brookson used to boast about "their...
Yes BB - I do all that, I was just trying to keep it simple.
I have a spreadsheet which in old money was called a cash book. This has income and expenditure columns. Income from invoices, expenditure to others including myself. A running total on the income and a calc of 75% of this (excl. VAT)...
Brookson
Brookson
This was posted by HMRC a few months ago:
"As part of HMRC’s monitoring the effects of Chapter 9 ITEPA, letters will be issued shortly to those known Service Providers whom HMRC believes to be MSC Providers. The letters will asks Service Providers for limited information on...
Keep it simple?
Keep it simple?
Because after years of experience in contracting one knows the approximate % one is likely to draw as net from gross turnover. So set yourself a figure of, say, 75% of your gross turnover and write what is called "a spreadsheet" to keep a running total of your...
Director's loan account
Director's loan account
Why all the fuss?
I am told to just draw whatever and it will be sorted out at the year end.
You all seem a bit too twitchy - why?
Cloud Cuckoo Land
Cloud Cuckoo Land
This site takes some beating.
It must be a wind up.
All under the heading "Accounting and Legal"?
Try Ruby Wax & Graham Norton in Saturdays Telegraph; they like a good laugh.