In any bureaucracy, the people devoted to the benefit of the bureaucracy itself always get in control and those dedicated to the goals the bureaucracy is supposed to accomplish have less and less influence, and sometimes are eliminated entirely.
- 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!
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.
Logging in...
Previously on "IPSE have just suggested a "Contractor" Levy as the equivalent of Employers NI"
Collapse
-
Originally posted by eek View PostI'm surprised by the lack of comments in the past 4 hours. The IPSE suggest an engager / contractor levy and yet no one comments.
Leave a comment:
-
Originally posted by eek View PostSee Parliamentlive.tv - Treasury Committee starting at 10:37:40
Leave a comment:
-
Originally posted by eek View PostAnd it seems that Dave Chaplin didn't like the accusation that he sold the contractor industry down the river as he's blocked me on LinkedIn.
Now that's going to be interesting as I clean up the umbrella industry..
Leave a comment:
-
Originally posted by eek View PostEven if it doesn't get passed down and was paid by the engager (hard to see how that works in reality) it would still just be a cut in the budget available to the contractor while making a consultancy or outsourcing abroad more affordable.
My main concern is that they really don't think through the consequences of what they are suggesting
However, I think this was only squeezed out of him after several attempts to declare a tax that should be increased, which he didn't do. This was in the context of where the differential arises (i.e., mainly ErNI), which is true, and hence what should be eliminated, if you were going to eliminate a differential. Anyway, the whole session was pretty worthless from my pov. Absolutely nothing new and, while I don't think he did particularly badly, I stopped listening to any ideas from IPSE after the whole FLC debacle.
Leave a comment:
-
Originally posted by jamesbrown View PostTBF, having listened to this, I think he was perfectly clear that this would be a tax on an engager, but admitted that it might get passed down (of course, it would). So he wasn't advocating for any new tax to be levied directly on contractors and, throughout the session, he was advocating for maintaining or lowering taxes on the self-employed, including small companies (e.g., differential CT rates again if they increase CT).
Overall, I didn't hear anything new there and there was no particular blunder, afaict (although I admit to only having listened to half the session, because it was the same old arguments ).
My main concern is that they really don't think through the consequences of what they are suggestingLast edited by eek; 20 October 2020, 17:58.
Leave a comment:
-
Originally posted by eek View PostHe literally couldn't make his mind up (just go to I think 1 minute later). Either way it would be 13.4% straight off the headline budget figure which would previously have been going to the contractor.
Overall, I didn't hear anything new there and there was no particular blunder, afaict (although I admit to only having listened to half the session, because it was the same old arguments ).
Leave a comment:
-
Originally posted by GhostofTarbera View PostWas it this classic you were replying to Dave on
“BREAKING: Mel Stride just said at a TSC meeting that "We are all agreed that this [IR35] is best abolished as soon as possible."”
Sent from my iPhone using Contractor UK Forum
Leave a comment:
-
Originally posted by GhostofTarbera View PostWas it this classic you were replying to Dave on
“BREAKING: Mel Stride just said at a TSC meeting that "We are all agreed that this [IR35] is best abolished as soon as possible."”
Sent from my iPhone using Contractor UK ForumLast edited by eek; 20 October 2020, 16:14.
Leave a comment:
-
Originally posted by eek View PostAnd it seems that Dave Chaplin didn't like the accusation that he sold the contractor industry down the river as he's blocked me on LinkedIn.
Now that's going to be interesting as I clean up the umbrella industry..
“BREAKING: Mel Stride just said at a TSC meeting that "We are all agreed that this [IR35] is best abolished as soon as possible."”
Sent from my iPhone using Contractor UK Forum
Leave a comment:
-
And it seems that Dave Chaplin didn't like the accusation that he sold the contractor industry down the river as he's blocked me on LinkedIn.
Now that's going to be interesting as I clean up the umbrella industry..
Leave a comment:
-
Originally posted by caffeine man View PostIf they mean keeping LTD, and just paying this, I would prefer this to IR35 because"
*It won't scare the client away from using contractors, or upset the relationship
*You can still use schedule D or E expenses
*no PAYE, so you can still keep money in a company or pay in dividends as needed.
*It provides certainty, no nasty surprises in the future
Leave a comment:
-
Originally posted by eek View PostHe literally couldn't make his mind up (just go to I think 1 minute later). Either way it would be 13.4% straight off the headline budget figure which would previously have been going to the contractor.
*It won't scare the client away from using contractors, or upset the relationship
*You can still use schedule D or E expenses
*no PAYE, so you can still keep money in a company or pay in dividends as needed.
*It provides certainty, no nasty surprises in the future
Leave a comment:
-
Originally posted by jamesbrown View PostAt some point, they went from being "meh" (add up the costs, subtract the benefits, is it better than zero?) to a serious problem for professional contractors, working against our better interests. Perhaps the bohemian finger painters are pleased with their new union, but they're now worse than useless as an advocate for high-end contractors.
Leave a comment:
-
Originally posted by eek View PostHe literally couldn't make his mind up (just go to I think 1 minute later). Either way it would be 13.4% straight off the headline budget figure which would previously have been going to the contractor.
Leave a comment:
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: