Reply to: Bad news - IR35

[BolshieBastard]

(With interest)

You beat me to it. The devil is in what HMRC do not say.

[jamesbrown]

I suspect this is carefully worded as I presume they will have to pay the back taxes.

(With interest)

[jamesbrown]

Do you have references?

I could set you up at my new agency, SThreePointFive, providing you like gladiators and have some experience bleeding radiators.

[Andy Hallett]

“Customers will not have to pay penalties for inaccuracies relating to the off-payroll working rules in the first 12 months unless there is evidence of deliberate non-compliance.”

I suspect this is carefully worded as I presume they will have to pay the back taxes.

[Andy Hallett]

At least you understand IR35 and SoW contracts

So someone like me should consider doing IR35 consultancy on a SOW to a number of clients. Now there is an idea......

[Andy Hallett]

Definitely. But have you considered ever working as an agent? I have loads of contacts - I'm sure I could get you in somewhere... for fee of course.

Do you have references?

[NotAllThere]

Have I picked a bad time to start contracting?

Definitely. But have you considered ever working as an agent? I have loads of contacts - I'm sure I could get you in somewhere... for fee of course.

[SouWester]

it means we will see large number of retrospective tax enquiries after one year.

No the 12 months is a 'promise' to go easy on incorrect status determinations made in the first 12 months. Cold comfort when most of us have been blanket-banned.

They've made no promises about retro that mean anything even if you were to trust them to keep their word.

[Andy2]

it means we will see large number of retrospective tax enquiries after one year.

[SouWester]

Oh, and you can take the 12-month blurb with a wagon-load of salt too.

...is the most disingenuous, mileading part of the whole sorry mess.

They promise to get easy on all the blanket-banners? Geez thanks guys you rock.

Meanwhile blanket-banners don't trust HMRC any more than we do, which is why they are blanket-banners.

[WordIsBond]

Have I picked a bad time to start contracting?

Just change your business model to target small company clients, you'll be fine.

[malvolio]

Have I picked a bad time to start contracting?

In a word - probably...

At least you understand IR35 and SoW contracts

[simes]

Aside from a comparative lack of contract roles available right now, in a month or two they will pick up, albeit with 99% being Inside IR35.

For those starting Now, those people won't have any comparative measure of what it Was like. April / May will be their introductory baseline.

Inside, Tax Paid, No further interest from HMRC.

I started in the year IR35 was introduced. My baseline. Although I was aware of others around me bemoaning the Brave New World, for me I knew no better. And got on with it.

Just to offer of an alternate point of view...

[Andy Hallett]

Have I picked a bad time to start contracting?

[northernladuk]

In other news, the sun will come up tomorrow.