Originally posted by Henrik67
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Reply to: Close and Reopen a New Ltd
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Previously on "Close and Reopen a New Ltd"
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Originally posted by Henrik67 View PostNo, that wasn't my friend that was me Independent things... I am just starting this gig and dont get paid till Aug so plenty of time to work out tax status - I have tried as hard as I can to get a Polish agency to include some IR35 friendly items in the contract....
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Originally posted by LondonManc View PostIs this related to your friend's QDOS review failing by any chance?
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Originally posted by Henrik67 View PostI meant it wouldn't be done as a MVL, no personal or corp tax savings...
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Originally posted by ladymuck View PostBecause obviously avoiding IR35 means ...
Oh...
If you passed previous reviews then there isn't an issue. Keep your evidence and keep going.
It's more of an issue if you haven't got any evidence of being treated as a contractor or failed a review and ignored it. Or rather, if your friend did....
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Originally posted by Henrik67 View PostHi
Asking for a friend. I have been told that to separate oneself from any potential investigation re previous historical engagements (that did have IR35 contract reviews passed) it is recommended to close your ltd company and create a new one - there would be no tax advantage to this so isn't phoenixing, I don't think
Waste of time or valid approach? It's probably overthinking and belt n braces...
Thanks
Martin
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Close and Reopen a New Ltd
Hi
Asking for a friend. I have been told that to separate oneself from any potential investigation re previous historical engagements (that did have IR35 contract reviews passed) it is recommended to close your ltd company and create a new one - there would be no tax advantage to this so isn't phoenixing, I don't think
Waste of time or valid approach? It's probably overthinking and belt n braces...
Thanks
MartinTags: None
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