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Recent content by jamesbrown
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day rate to fixed-price services, how did you transition?
Avoid them, ideally. It is a hallmark of genuine FFP work that you can deliver it largely independently, as a fully contracted out service. If there are some major upfront dependencies, they should ideally be completed in advance, before you begin. I mention this mainly because there is a lot of...- jamesbrown
- Post #4
- Forum: Business / Contracts
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day rate to fixed-price services, how did you transition?
first deal: was it an existing client or a new one? How did you pitch fixed price instead of a day rate? New, but I knew and trusted the people involved. It was a team effort, putting together a bid for services to a client delivered by several companies. It was FFP by requirement, but the risk...- jamesbrown
- Post #2
- Forum: Business / Contracts
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New Forum Bug Reports
Ha, yes, you can now see the avatars, but it also makes them look like crap at low resolution. Thumbs up, though, brought it kicking and screaming into the circa 19th-21st centuries.- jamesbrown
- Post #773
- Forum: General
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How will the Budget affect you?
Snooze yourself out here: https://assets.publishing.service.gov.uk/media/6ae1ec57bdb574cf1c9b3f12/E03668986_HMT_Budget_2026_ELAY__2_.pdf- jamesbrown
- Post #2
- Forum: Accounting / Legal
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Thoughts on the budget?
You will need a contract of employment and that will come with annual reviews and associated targets like "being useful", which could be a demanding benchmark :D- jamesbrown
- Post #4
- Forum: General
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Churchill Knight & Boox clients being investigated as Managed Service Companies
Absolutely, as it should.- jamesbrown
- Post #3,186
- Forum: HMRC Scheme Enquiries
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Churchill Knight & Boox clients being investigated as Managed Service Companies
They are not required to use the legislated calculation when they don't have the information necessary to apply it. Were that true, they would not be able to issue a Reg 80 / Section 8 in a ton of technical cases where they suspect underpaid tax, but cannot calculate the amount accurately/timely...- jamesbrown
- Post #3,179
- Forum: HMRC Scheme Enquiries
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Churchill Knight & Boox clients being investigated as Managed Service Companies
They took the simplest approach consistent with the data they had. They had no basis to estimate the "payment or benefit which can reasonably be taken to be in respect of the services" for each company and individual - company accounts and VAT do not provide that - so they didn't. I am on your...- jamesbrown
- Post #3,177
- Forum: HMRC Scheme Enquiries
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State of the Market
Aye, that was the point of the ironic smiley :D. There is no professional skillset (involving computers, at least :laugh) for which AI is not going to be transformative. Currently, for me, it is all transformative in a very good way, improving productivity hugely, improving mathematical models...- jamesbrown
- Post #16,065
- Forum: Business / Contracts
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Churchill Knight & Boox clients being investigated as Managed Service Companies
They are not required to do the calculation in the legislation for the purposes of issuing a Reg 80 / Section 8 determination. They are merely required to use "best judgement", nothing more. In this case, "best judgement" is using the information available to them at the time, which is precisely...- jamesbrown
- Post #3,175
- Forum: HMRC Scheme Enquiries
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Churchill Knight & Boox clients being investigated as Managed Service Companies
Yes, tax is collected on an annual basis. However, there are *many* examples of cumulative tests in legislation that are not made on an annual basis. Well known examples are the SRS and the rolling calculations for VAT thresholds. There is nothing odd about this. The MSC legislation is more of...- jamesbrown
- Post #3,173
- Forum: HMRC Scheme Enquiries
