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Yes well it does seem that way. Though the power balance is too far from centre.
HMRC in their pursuit of contractor tax have pushed the majority onto inside contracts and therefore umbrella, making you an employee of the umbrellas but the construct doesn't seem to fit the norms in terms of...
Yes i think you're probably correct. I did phone ACAS who said they could help me recover the due pay but that the upper chain could enforce the switch. They then went on to say things that made me doubt they fully understood the dynamics and realities of umbrella workers.
the chain is candidate - umbrella - recruitment agency - resource management firm - end client
I opted into The Conduct of Agency Regulations 2003.
agency has told me I "have" to move umbrella company as while its on their PSA its not (or at least no longer) on the resource management firms PSA...
Seeking a decent IR35 calculator.
contractorcalculator has 2:
"old"
https://www.contractorcalculator.co.uk/ir35calculator.aspx
"new"
https://www.contractorcalculator.co.uk/offpayrollcalculator.aspx
on the new one it say "NOTE: The tax calculations under the old Off-Payroll legislation are...
I've often paid for QDOS reviews in the past when the responsibility lay with my firm as a contractor but now it lies with the end client I expected a different result
Having done some inside contacts for a while new contract opportunity has presented and the client wants to proceed. "Outside"is how the agency have pitched it, however the agent advised me that they/(the client) had decided to book the QDOS status review service and the client has duly...
it depends on the wording. the wording for my insurer (original post) is:
Neither you, any director or partner of the business or its subsidiary companies either personally or in any business capacity:
has been subject of an individual voluntary arrangement with creditors, voluntary...
The accurate (and definitive) position should be provedid by hmrc in my view.
I'm pretty sure when you complete self assessment the income for a paye roles is prefilled with the figures the employer provided to hmrc. Don't see a good reason why they can't provide similar for pension allowance...
Yes, came accross this once before but while it may give you some confidence (or defence if they're wrong) against the calculations it's still reliant on accurately entering every last contribtuon from the last few years. Given multiple providers, personal and co contributions and transfers...
speaking of maxing out your current and historic (carry forward) pension annual allowance - is there an easy and robust way of working out your remaining allocation/carry forward position?
Thus far i've resorted to keying into spreadsheet calculators and having to sum contributions to multiple...
I mean deductions of all flavours/names ie income tax, employers and employees NI, even apprentice levy, especially the rates you pay when over the 50K of gross income.
I didn't think there was anything but just rather desperately hoping i was badly informed :(
Ok so first things first I'm allergic to paying HR tax.
This is a long-standing allergy I've been able to keep in check.
But recently I'm nearing maxing out my pension contributions AA and carry forward and am facing the stark reality of a mere 55% retention on the entirely of my income.
just...
Ok so I've done more digging and the agency said they have an overarching agreement with the umbrella so no need for a specific contract. Obtained said contract from the umbrella and it's a contract which was evidently written for a ltd company contractor business. Some of the clauses make it...
So I might as well divulge the agency which is Hays.
I understand eek that you've used them previously so hope you may have useful insight.
I spoke to my umbrella today and they said that Hays never send out a contract. She also said some agencies never even send any information.
I'm...
Ok so the agency has been very vague about things. They've sent me a one pager for me to sign which is basically just me acknowledging that I'm not directly engaged through them and a couple of opt out parts.
They've also sent me a "assignment confirmation letter" which is basically just a...