Timeout Period for 2 year rule?

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Hiram King Of Tyre replied

24 April 2007, 14:07
Thanks
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Sockpuppet replied

24 April 2007, 12:49
http://forums.contractoruk.com/thread16109.html
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Hiram King Of Tyre replied

24 April 2007, 10:41
ok, so does that mean you pay 20% corp tax plus 22.5% income tax once over the threashold?
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Sockpuppet replied

23 April 2007, 17:48
For the love of god search! I'm pleading with you now.

20 seconds later: http://forums.contractoruk.com/showp...86&postcount=6

Search! The forums long lost friend.
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Hiram King Of Tyre replied

23 April 2007, 17:32
So if you err on the side of caution then, say you pay yourself a modest salary and the rest in divies. Once you get into the 40% band, do you then pay 20% corp tax AND 40% i/c tax? Surely not.....
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rawly replied

20 April 2007, 10:26
Originally posted by Denny

Indefinitely for the same client, irrespective of where it is based.

You have to start afresh with new search and win new work for it to be reset.

Different clients. May be I didn't make this clear. If I worked for Client A for 2 years, then worked for client B for 1 year, can I then go back to Client A after 1 year and the 2 years will have reset for Client A?
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Denny replied

20 April 2007, 09:20
Originally posted by rawly

What's the situation with the 2 year rule timeout period? ie. If I worked at a site in London for 2 years, then worked at a site in Manchester for 6 months. Could I then go back to a site in London and at what period would the 2 year rule be reset? Or is it forever? Or is it 6 months, or what?

Indefinitely for the same client, irrespective of where it is based.

You have to start afresh with new search and win new work for it to be reset.
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rawly started a topic Timeout Period for 2 year rule?

20 April 2007, 08:27
Timeout Period for 2 year rule?

What's the situation with the 2 year rule timeout period? ie. If I worked at a site in London for 2 years, then worked at a site in Manchester for 6 months. Could I then go back to a site in London and at what period would the 2 year rule be reset? Or is it forever? Or is it 6 months, or what?
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