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Recent content by NetContractor
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The Great Tax Rip-Off
Once again, I am sorry that I posted here. This is not a forum whereby you get an intellectual conversation between contractors wanting to help each other out. Clearly, people with any sort of actual knowledge do not frequent these forums, just people with far too much time on their hands and...- NetContractor
- Post #16
- Forum: IR35 Reform
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The Great Tax Rip-Off
Not true at all. I am proposing a change in work practice which ensures the contract is a business to business relationship and thus clearly not covered by the legislation. This is in no was a "sham", but a genuine change in the relationship...clearly!- NetContractor
- Post #15
- Forum: IR35 Reform
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The Great Tax Rip-Off
yes, but by the logic I could argue that my contract was outside IR35 for "a while" and Human Resources (whom have no direct knowledge of my contract) insisted it "become" inside due to the new legislation, but as I was operating outside, they must have been wrong....I should be due a massive...- NetContractor
- Post #14
- Forum: IR35 Reform
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The Great Tax Rip-Off
Out of curiosity, is this conjecture? Or do you know for a FACT that there is a report called "people who clearly were working inside ir35 prior to April 2017"? No disrespect, but I am expecting the former. thanks.- NetContractor
- Post #11
- Forum: IR35 Reform
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The Great Tax Rip-Off
No. The contract was different before the legislation. The client and I disagreed with the level of control, so I terminated the contact, and agreed a new contract providing them with a level of control and accepting ir35. Had I walked, HMRC would have had the same argument re my previous...- NetContractor
- Post #9
- Forum: IR35 Reform
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The Great Tax Rip-Off
Oh... and you can SAY you would have walked. But given the same situation, 5miles from note, working on a project where you come and go as you please, apart from providing requirements no one tells you what to do or how to do it, when you think the 35% rate increase will cover any issues; I...- NetContractor
- Post #7
- Forum: IR35 Reform
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The Great Tax Rip-Off
Ok. I may have a solution which I would like to sound out here. No gimmicks or scams; just a documented change to working practice that might just help. Since I have been declared inside ir35 I have accepted a certain element of control from the client. To be honest it has been nice NOT...- NetContractor
- Post #6
- Forum: IR35 Reform
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The Great Tax Rip-Off
Thanks for your comment. Firstly, yes; I have been on this same project since 2014. Why did I stay? It is a good job, with a good client, on a good project, 5 miles from my door. I set my own hours, and get to do the daily school run when I like. It's hard to leave a project like that...- NetContractor
- Post #5
- Forum: IR35 Reform
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The Great Tax Rip-Off
Thanks for the reply. I DID read that document, sometime ago, albeit not cover to cover (its a bit dry). As for the clients determination, it was made based on "control". ie. They provide me with a requirement (tell me what to do) and I go away and do it. They considered that to be...- NetContractor
- Post #3
- Forum: IR35 Reform
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The Great Tax Rip-Off
Ok...I have been with the same "public sector" client since 2014. (By the way I have been a contractor since 2002) When the IR35 regulations came about last year, I got hit with a sudden curve-ball because I was oblivious to the fact that my client fell under the description of "public...- NetContractor
- Thread
- Replies: 18
- Forum: IR35 Reform
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IR35 Pension Contributions
I don't know...Yes, the way I HAVE been doing it is wrong, however I thought this was going to be a short term solution. I am waiting for a response from the agency's accountant, to see if (how) I can arrange to get them to make contributions pre-tax into my stakeholder pension. I did all...- NetContractor
- Post #7
- Forum: IR35 Reform
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IR35 Pension Contributions
Thanks. I'm not with an Umbrella. My agency is using their accountant, to calculate the Tax/NI and they then pay me. I am still operating VAT and still using my own accountant. I have several pensions, one of which is a Stakeholder pension through my company, which I previously contributed...- NetContractor
- Post #5
- Forum: IR35 Reform
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IR35 Pension Contributions
Thanks. That's the question...Should I be able to instruct the agency accountant to redirect part of my payment (pre-tax) into my pension fund. Of course they OFFERED their Brolly Scheme; I immediately declined though. I am very happy with my accountant; fully intend on seeking future...- NetContractor
- Post #4
- Forum: IR35 Reform
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IR35 Pension Contributions
I am currently in contract inside IR35 for a PSC client. I accepted the initial contract post the whole IR35 situation thinking it was going to be only a few months. They have now asked me to extend another 12 months. (As an aside, is it possible to get an inside IR35 contract flipped to be...- NetContractor
- Thread
- Replies: 10
- Forum: IR35 Reform
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IR35 Pension Contributions
Working inside IR35 for the Public Sector. Obviously, my taxes have increased significantly. I have weighed up the option of putting money on my mortgage (net of tax) or making additional pension contributions...At the moment I have not been making pension contributions because I made the...- NetContractor
- Thread
- Replies: 1
- Forum: IR35 Reform
