Originally posted by mb31
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Previously on "Closing LTD Company in April 2020, and start new LTD for client determined contracts"
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Originally posted by stchez View PostI wonder if closing and then opening a company by the same director flags things up for a potential investigation?
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Originally posted by northernladuk View PostNo. If QDOS lose the first one and HMRC use the same argument across the board QDOS will use the clause saying they won't defend when there is no real prospect of winning. They've been very smart.
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Originally posted by Syd View PostPerhaps if the insurance company goes bust the you're screwed.
If HMRC decides to go after everyone, it will be easier for QDOS to hit and run than to compensate all contractors affected.
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Originally posted by FIERCE TANK BATTLE View PostWhy not just pay the 300 quid a year for ir35 insurance and have done with it...
If HMRC decides to go after everyone, it will be easier for QDOS to hit and run than to compensate all contractors affected.
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Originally posted by FIERCE TANK BATTLE View PostWhy not just pay the 300 quid a year for ir35 insurance and have done with it...
This is something I silently wonder about most posts on these forums.
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Why not just pay the 300 quid a year for ir35 insurance and have done with it...
This is something I silently wonder about most posts on these forums.
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Originally posted by fidot View PostI've seen this said a few times. Assuming payments are made from retained profit.
However, there isnt a problem making a trading loss due to salary, is there?
Then, all the salary can be salary sacrificed no?
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Originally posted by adubya View PostCareful with this, my accountant recommended not incurring a trading loss due to (large) pension contributions.
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Originally posted by adubya View PostCareful with this, my accountant recommended not incurring a trading loss due to (large) pension contributions.
However, there isnt a problem making a trading loss due to salary, is there?
Then, all the salary can be salary sacrificed no?Last edited by fidot; 19 December 2019, 18:02.
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Originally posted by Amanensia View PostNot so. If the contribution is made by your company, they can pay the full £40k per year even if you had no earnings at all.
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Originally posted by CandiceMarie View PostYou can't close down your company then start up another one doing the same type of work within 2 years. Look up 'phoenixing'.
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The best advice given to you here is to go and speak with an accountant. Stick with that.
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Originally posted by CandiceMarie View PostYou can't close down your company then start up another one doing the same type of work within 2 years. Look up 'phoenixing'.
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