Reply to: Extension - 6 months! BOOM BOOM BOOM

[psychocandy]

NMW + 35% inside should work out better than NMW outside.

You're right it would.

[Old Greg]

Different how?

NMW + 35% inside should work out better than NMW outside.

[psychocandy]

In summary, X=X=PRETTY MUCH THE SAME=different.

If think you've discovered a compact equation for thick as mince.

Different how?

[jamesbrown]

Makes no odds as long as the bottom line is the same for me. Example below:-

1. Previous Gig - £X a day.
Outside IR35, ltd company, 120 miles roundtrip, expenses, low salary, dividends etc.
Take home minus travel costs = X

2. Current gig - £X + 35% (client hiked it in April 2017 because contractors left and they had no choice).
Inside IR35, umbrella, 30 miles roundtrip, no expenses, all income goes through as PAYE.
Take home minus travel costs = X (PRETTY MUCH THE SAME)

Could be argued that current position is better. I'm not going to get investigated for IR35 am I?

In summary, X=X=PRETTY MUCH THE SAME=different.

If think you've discovered a compact equation for thick as mince.

[psychocandy]

Even though I will never understand why people work *Inside* IR35, six months is good work. Have a plantain.



qh

Makes no odds as long as the bottom line is the same for me. Example below:-

1. Previous Gig - £X a day.
Outside IR35, ltd company, 120 miles roundtrip, expenses, low salary, dividends etc.
Take home minus travel costs = X

2. Current gig - £X + 35% (client hiked it in April 2017 because contractors left and they had no choice).
Inside IR35, umbrella, 30 miles roundtrip, no expenses, all income goes through as PAYE.
Take home minus travel costs = X (PRETTY MUCH THE SAME)

Could be argued that current position is better. I'm not going to get investigated for IR35 am I?

[Yorkie62]

Shouldn't this thread be inside the sub forum?

Ooops sorry my mistake I thought this thread had been started by T. May

[Old Greg]

Even though I will never understand why people work *Inside* IR35, six months is good work. Have a plantain.



qh

You are right. We need an appropriate congratulation for inside IR35.

[quackhandle]

Even though I will never understand why people work *Inside* IR35, six months is good work. Have a plantain.



qh

[Old Greg]

Unlike a lot of you my ego is not so fragile I have to run others down and convince myself that I'm really really important....

But who am I to spoil your fun

That would take a lot of convincing.

[psychocandy]

No surprises there.

Unlike a lot of you my ego is not so fragile I have to run others down and convince myself that I'm really really important....

But who am I to spoil your fun

[Old Greg]

Nope. Wrong. Keyboard sanitising is my game..... (these days at least)

All cash in hand these days too....

No surprises there.

[psychocandy]

He's a desktop support monkey. If you asked him his favourite acronym, you'd need to explain an acronym with an analogy, and then you'd need to explain an analogy, and eventually you'd get to PIP. He likes to screw over the taxpayer in simple ways, not by putting a false moustache on an offshore loan and calling it a salary.

Nope. Wrong. Unix is my game..... (these days at least)

All Inside IR35 these days too....

[jamesbrown]

You think he is declaring it?

He's a desktop support monkey. If you asked him his favourite acronym, you'd need to explain an acronym with an analogy, and then you'd need to explain an analogy, and eventually you'd get to PIP. He likes to screw over the taxpayer in simple ways, not by putting a false moustache on an offshore loan and calling it a salary.

[Old Greg]

Have a banana

( The Secretary of State for Work and Pensions thanks you in advance )

You think he is declaring it?

[TwoWolves]

For me, it was the money.

More to be had in the private sector.... if you're up to it of course.