Originally posted by Bluebird
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Reply to: expenses gone mad
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Previously on "expenses gone mad"
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Originally posted by ArdescoPlan C
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Originally posted by Jason DThe trouble is, the more that the tax system squeezes the pips until they are dry, the more that people are tempted to avoid/evade paying it.
Not defended it in the slightest but that's the way it is and will always be.
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The trouble is, the more that the tax system squeezes the pips until they are dry, the more that people are tempted to avoid/evade paying it.
Not defended it in the slightest but that's the way it is and will always be.
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Originally posted by Damo1176IO guess undeniably you're correct, my current employer has far too much contrll of what I do to make me really able to argue to be outside. The ones that I work with that pretend they're not are just risking it everyday but like muggers, thieves etc many will get away with it and not even appreciate they have got away with it.
Considering whats entailed owning your own company etc and the running of, keeping history for 6 years is there any huge financial gain available to me using an accountant for 6-9 months and operating inside IR35?
Think I am going to stay umbrella and claim the bare essentials I am allowed...mileage, stationaryu, postage and food where applicable, thanks for everyone's help < will wait till later life when I am more skilled up then maybe look at contracting again.
Good Luck.
Don't forget, get skilled up THEN come back to contracting as a Ltd co with all the hassle/rewards that entails
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Originally posted by ArdescoSo what you are saying is that you are normally a law abiding citizen, but in this case you are thinking of breaking the law because it could be a nice little earner....
Considering whats entailed owning your own company etc and the running of, keeping history for 6 years is there any huge financial gain available to me using an accountant for 6-9 months and operating inside IR35?
Think I am going to stay umbrella and claim the bare essentials I am allowed...mileage, stationaryu, postage and food where applicable, thanks for everyone's help < will wait till later life when I am more skilled up then maybe look at contracting again.Last edited by Damo1176; 20 June 2007, 07:01.
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Originally posted by Damo1176what I am saying is that I hate taking risks or putting myself in a position where I could come a cropper so try to avoid usually but this is a lot of money for what some people consider minimal risk.
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Originally posted by Damo1176NO what I mean is many of us are at risk if the IR wanted to go to town about it and be picky about things, what I am saying is that I hate taking risks or putting myself in a position where I could come a cropper so try to avoid usually but this is a lot of money for what some people consider minimal risk.
Perhaps you need a permie job, so that in addition to the pay you get the added benefits of pension, holidays etc...
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Originally posted by Euro-commuterYou mean you do believe it's dishonest but you can't resist if there's enough money in it?
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Originally posted by Damo1176I want to go down the Ltd Co route and make the money that way rather than fraudulent expenses but am just as worried about IR35, My contract is good but working practices less so.
I hate the worry and the anonyance but it's a lot of money to chicken out of earning
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How do you know that the person sitting next to you isn't Johnny Scumbag who is breaking into a car every day?
If you find out tomorrow that he is, how is this going to affect what you do, or how you feel?
The point is that a lot of people don't seem to think that tax evasion is a crime that should be taken seriously, however it is just as bad a being a mugger or an armed robber, and it affects far more poeple financially....
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Originally posted by ArdescoIf you are a contractor you can probably justify a printer as you have to use it to print off resume's while between gigs and print off your invoices, etc.
One thing that does make me laugh about all this though.
If you saw little Johnny Scumbag walking down the road every morning, and each day he smashed a car window and stole the contents of said car would you:- Be disheartened and jealous because you weren't doing it.
- Think what a little scumbag, I can't wait for him to get what's coming to him.
- Report the crime and make sure he got whats coming to him.
I'm not saying that people shouldn't do it, but it might make working with them uncomfortable, to say the least.
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Originally posted by Damo1176I want to go down the Ltd Co route and make the money that way rather than fraudulent expenses but am just as worried about IR35, My contract is good but working practices less so.
I hate the worry and the anonyance but it's a lot of money to chicken out of earning
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Originally posted by ArdescoYes
But note that we would still probably pay more tax than we need to.....
Who do you think? Everybody who pays tax. The more that gets scammed away, the more we have to pay to make up the shortfall.
scamming expenses seems like a victimless crime - till you see your tax return...
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