• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

Reply to: 24 month rule

Collapse

You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:

  • You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
  • You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
  • If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.

Previously on "24 month rule"

Collapse

  • MrMarkyMark
    replied
    Originally posted by northernladuk View Post
    I'm not overly sure you choosing to pay that because it is easier will factor in HMRC ruling against you. 24 month rule is London is a very grey area on so many levels. Distance, cost, mode if transport, choice etc. No one will be right.
    Originally posted by bobspud View Post
    Im working on a fairly large job there at the moment but I only need to be around a day or so a week. So it just depends on meetings
    Sounds fine on this basis to me

    Leave a comment:


  • bobspud
    replied
    Originally posted by northernladuk View Post
    I'm not overly sure you choosing to pay that because it is easier will factor in HMRC ruling against you. 24 month rule is London is a very grey area on so many levels. Distance, cost, mode if transport, choice etc. No one will be right.
    Didn't say it would...

    I pointed out that if I end up driving there because I am carrying kit or other stuff that shouldn't be on a train it costs me £40 which is a big difference to an oyster card.

    Im also 200 miles away in distance so I'm not doing the usual local jaunt.

    I dont park in the canada square car park I use one across the Wharf as it is bigger and not full of essex birds doing their shopping

    Leave a comment:


  • northernladuk
    replied
    Originally posted by bobspud View Post
    YES...

    Costs me roughly £40 a day to park there at the moment.
    I'm not overly sure you choosing to pay that because it is easier will factor in HMRC ruling against you. 24 month rule is London is a very grey area on so many levels. Distance, cost, mode if transport, choice etc. No one will be right.

    Leave a comment:


  • SandyD
    replied
    Originally posted by bobspud View Post
    YES...

    Costs me roughly £40 a day to park there at the moment.
    Why £40??? If am there on a contract I get monthly tickets, but if occasionally the maximum for a day is about £23 or £25 .. I part at canada sq under waitrose - all other parking is similar value

    Leave a comment:


  • MrMarkyMark
    replied
    Originally posted by bobspud View Post
    Use that quite a bit elsewhere in London but I had not thought about it at the wharf... Thats a good few hundred quid of beer money sunk
    Hopefully will prevent a similar tragedy happening in the future

    Leave a comment:


  • bobspud
    replied
    Originally posted by MrMarkyMark View Post
    Use that quite a bit elsewhere in London but I had not thought about it at the wharf... Thats a good few hundred quid of beer money sunk

    Leave a comment:


  • MrMarkyMark
    replied
    Originally posted by bobspud View Post
    Im working on a fairly large job there at the moment but I only need to be around a day or so a week. So it just depends on meetings
    We've used this before.....

    https://www.justpark.com/uk/parking/canary-wharf/

    Leave a comment:


  • bobspud
    replied
    Originally posted by MrMarkyMark View Post
    Canary Wharf, Bob?
    Overnight?
    Im working on a fairly large job there at the moment but I only need to be around a day or so a week. So it just depends on meetings

    Leave a comment:


  • MrMarkyMark
    replied
    Originally posted by bobspud View Post
    YES...

    Costs me roughly £40 a day to park there at the moment.
    Canary Wharf, Bob?
    Overnight?

    Leave a comment:


  • bobspud
    replied
    Originally posted by northernladuk View Post
    How much more expensive? Significantly?
    YES...

    Costs me roughly £40 a day to park there at the moment.

    Leave a comment:


  • MrMarkyMark
    replied
    Originally posted by Skye2011 View Post
    It is a much about how you get to work as well as the distance.

    If you can argue there is a 'significant' change, which I think you can, then you are okay. The cost difference itself is 'significant'.

    Things to consider also are the time it takes and the method of travel, as well as the distant between the sites.

    I have only ever known of one case out of many contactors in which HMRC looked into this. The guy had submitted HMRC a P87 as an umbrella couldn’t process the expenses before he was an 'employee' of theirs. HMRC then asked for the details of his previous claims and it was like a can of worms. He had been travelling to a number of sites within the same 'area' at the same end client for about 4 - 5 years. I don’t know how it ended, but I know it didn’t look good for him at the time and it was large amount, he had be claiming 60 miles a day at 45p, subsistence at £25 per day and parking for years. He had been using different umbrella’s because he was never happy with the one he was with and each one told him as it was a new ‘employment’ that it didn’t matter if he had been at the site/same client/ same general area before.

    This is failings as much to do with the umbrella’s as to him. I think it highlights that you must always know the basics of your situation whichever way you work. The idea that you pay someone to look after it all for you is a fairy tale idea, are these people going to be around in 5-6 years’ time when the tax man comes knocking, I doubt so.
    WOW.

    Evidence that once they (HMRC) get their teeth in, you can't be surprised what they will do next!

    Thanks for sharing

    Leave a comment:


  • Skye2011
    replied
    It is a much about how you get to work as well as the distance.

    If you can argue there is a 'significant' change, which I think you can, then you are okay. The cost difference itself is 'significant'.

    Things to consider also are the time it takes and the method of travel, as well as the distant between the sites.

    I have only ever known of one case out of many contactors in which HMRC looked into this. The guy had submitted HMRC a P87 as an umbrella couldn’t process the expenses before he was an 'employee' of theirs. HMRC then asked for the details of his previous claims and it was like a can of worms. He had been travelling to a number of sites within the same 'area' at the same end client for about 4 - 5 years. I don’t know how it ended, but I know it didn’t look good for him at the time and it was large amount, he had be claiming 60 miles a day at 45p, subsistence at £25 per day and parking for years. He had been using different umbrella’s because he was never happy with the one he was with and each one told him as it was a new ‘employment’ that it didn’t matter if he had been at the site/same client/ same general area before.

    This is failings as much to do with the umbrella’s as to him. I think it highlights that you must always know the basics of your situation whichever way you work. The idea that you pay someone to look after it all for you is a fairy tale idea, are these people going to be around in 5-6 years’ time when the tax man comes knocking, I doubt so.

    Leave a comment:


  • malvolio
    replied
    Originally posted by PTP View Post
    I've looked through half that thread for my question and have given up, so here it is!

    Re: 40% Rule / 14.4 months

    What happens here:
    I'm in City A for 24 months
    I'm in City B for 15 months
    I'm offered a gig in City A again

    Does the "24 months count" completely reset once I've been away from City A for 14.4 months? (I guess not)
    or
    Will I be caught by the 24 month rule just a few weeks into the new gig as I'll soon have been there over 40% of the last 24 months?
    The post that gave rise the original sticky defines precisely the answer to your question. I suggest you read it again.

    Leave a comment:


  • SandyD
    replied
    Originally posted by northernladuk View Post
    How much more expensive? Significantly?
    Journey cost for the Tube monthly around £170... Docklands monthly £550

    Leave a comment:


  • northernladuk
    replied
    Originally posted by SandyD View Post
    In the link supplied by NLUK it says he important thing is changing the journey, and they bunged the city and dockland together, my journey to the city is totally different than my journey to the Dockland, to the city I use the tube, while to docklands its easier to drive and use parking there, so the journey to the dockland is easier, but more expensive due to the mileage and parking fees.
    How much more expensive? Significantly?

    Leave a comment:

Working...
X