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Previously on "Are you inside IR35 if doing contract work for one company?"
Well I think if you're following the debate on beefing up IR35 and Kate Cotterel's comments that when HMRC does take a contractor to court on IR35, that they usually win, I think that is more or less correct.
The best defence against IR35 is to have lots of contracts. They aint going to chase up each one of those, but if you've been sitting at the same site for a couple of years, I think you'll be a prime target for the newly beefed up IR35 hit squad.
Thought the HMRC vs LTD win ratio was mostly in the LTD's favour but there you go.
Normally I'd say the guy fitted your description. But could it be that he is smoke screening the issue?
Ypou mean to give the guardian types something to moan about? Well you can't trust any of the papers these days - look at the g-spot telegraph article. I was quite proud of that find until NF bought facts into it.
Well I think if you're following the debate on beefing up IR35 and Kate Cotterel's comments that when HMRC does take a contractor to court on IR35, that they usually win, I think that is more or less correct.
The best defence against IR35 is to have lots of contracts. They aint going to chase up each one of those, but if you've been sitting at the same site for a couple of years, I think you'll be a prime target for the newly beefed up IR35 hit squad.
"This type of arrangement is only really worthwhile if you are earning in excess of £120,000 a year," says Frank Nash of accountancy firm Blick Rothenberg – and some accountants warn that HMRC is unlikely to let you get away with it if you are an employee or only doing freelance or contract work for one company. "There is anti-avoidance legislation to cover that, known as IR35," says Alex Henderson of PricewaterhouseCoopers. "It is really only available if you are a freelance worker working for a number of outlets."
Alex Henderson is a
Posted in general so maximum abuse can be heaped.
Normally I'd say the guy fitted your description. But could it be that he is smoke screening the issue?
"This type of arrangement is only really worthwhile if you are earning in excess of £120,000 a year," says Frank Nash of accountancy firm Blick Rothenberg – and some accountants warn that HMRC is unlikely to let you get away with it if you are an employee or only doing freelance or contract work for one company. "There is anti-avoidance legislation to cover that, known as IR35," says Alex Henderson of PricewaterhouseCoopers. "It is really only available if you are a freelance worker working for a number of outlets."
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