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hmrc

  1. L

    Radio 4 Request – IR35 impact on the public sector

    Hello BBC Radio 4 is looking into the impact of the IR35 rule change for the public sector, and interested to speak to individuals who have been affected. We would be keen to hear from anybody who has seen significant change in the area they work in, or has seen their circumstances change...
  2. J

    US tax filing requirements for UK Ltd Company

    Hi, My wife and I currently live in New York but will be relocating to the UK shortly. She wishes to continue working for her advertising agency remotely so has set up a UK Ltd Company to undertake contracting work. Work will only be undertaken remotely from the UK. If she completes a...
  3. L

    Help! I think my umbrella company has screwed me over!

    I am having an absolute nightmare and need some help! I've been contracting since August 2016 and at the time I was rushed into choosing an umbrella company to use, a friend of mine recommended me Payerise and I blindly just went with them as she told me she had used them years without issue...
  4. R

    Beta ESS

    Is it available yet?
    • rob s
    • Thread
    • beta ess hmrc intermediaries ir35
    • Replies: 35
    • Forum: IR35 Reform
  5. L

    Public sector.... switch to umbrella, really?

    My agency has just informed me that on 6th of April im likely going to have to use an umbrella company for the public sector contract ive just started. In a nutshell, I like this contract because its a good rate and local. Ive been looking into it and out of a weekly earning of £1100, various...
  6. K

    UK based contractor for single Canadian company

    Hi all, I live in the UK, and I've been offered a contract for a company in Canada and I will be paid by wire transfer. I'm currently waiting for a formal written contract before I agree to anything, but I'm trying to do as much research as possible in regards to tax. I won't have a set amount...
  7. I

    Impact of Budget 2016

    Is anyone thinking of raising their contract rates to lessen the impact of the new dividend tax setup?
    • ibzmiller
    • Thread
    • daily rate dividend tax hmrc rate rise
    • Replies: 3
    • Forum: General
  8. H

    Company/Self Assessment quandry

    Hi, I am in a bit of an accounting quandry brought on through burying my head in the sand. I have saved the tax money due by the limited company, so procrastination is to blame, not intention (however probably not a defence). I am a freelancer earning around 30k - so we are talking relatively...
  9. A

    Gone over VAT threshold

    Hi all, I'm looking for some advice, I've been on a self-billing contract for a while and not been keeping a close eye on my company turnover and I think now that I have gone over the VAT threshold sometime in Jan/Feb 2016. I'm looking at the HMRC website to register for VAT and it is asks if I...
  10. C

    Declaring company assets/ tax return

    Hi all, I have just started running a limited company and I am the director and sole shareholder of this company- The nature of the business is forex day trading. Last month, I lent the company £10k to be able to start trading and will take back out £10k before year's end so that there's...
  11. H

    VAT Notice of assessment of tax

    Hi would appreciate some advice on the following matter which is creating a fair amount of stress. For the past 2 x years I had been contracting using an umbrella company (Parasol). Because of the 24-month rule I considered the possibility of setting up my own Limited Company, and actually did...
  12. H

    Settlement Opportunity (SO) Loan Scheme pre 2011 with HMRC

    Hi All, I had the misfortune of being in a loan scheme pre 2011. I got flagged up a couple of years back. The company closed down (which owned the solution) but their legal representative started talking to HMRC collectively for all contractors who wanted to be represented. Now I have been...
  13. J

    RTI Fine £400 - Help

    Hello, I am a contractor working in the UK through my Limited Company and I have today received a fine from HMRC which appears to be in relation to Real Time Information Return (RTIR) (the letter content is reproduced below). I actually sent my accountant what appeared to be a pre-warning...
  14. C

    Contractor loans settlement offer - what are people doing?

    I've been caught up on this contractor loans affair as I worked for a company in the Isle of Man that actually provided this service. A stipulation of the contract was that I had to use their payment system. It's not as if I used them to avoid tax but obviously I regret it now :D. I just wanted...
  15. convict

    HMRC enquiries for Cherrylon Scheme

    Notices are starting to come out for all ex-members of the Cherrylon Scheme. This scheme ran after the TRM scheme and was active during tax years 2009/10 and 2010/11, stopping when the 09/12/10 disguised remuneration anti-forestalling measures came in. Some members are already under...
  16. G

    VAT Free purchses in Flat rate scheme

    I am registered for flat rate VAT scheme and i have just purchased a pc monitor from pixmania-pro website (paid from my company a/c). They didn't charge me VAT as i have opened an account with them and provided them with my VAT reg. no. Now when i file my VAT return for this quarter, should i...
    • gaumzi
    • Thread
    • flat rate scheme hmrc vat vat free
    • Replies: 2
    • Forum: General
  17. P

    Selling swiss shares -now HMRC wants their share (under Bilateral tax treaty) HELP!!!

    Hi All, Not sure if this is the best place to ask about this or if it should be under 'General)...please move mods if required! Anyhow... I have some shares in Switzerland for some years now and looking to sell them. I acquired these shares when working for this multinational in another...
  18. convict

    Links to background info

    The intent here is to post links with information that may help people understand their situation. HMRC/HMRC Procedural Docs EBT Settlement Opportunity HMRC Time Limits HMRC Self Assessment Manual HMRC Appeals and Tribunals Guidance HMRC Codes of Practice HMRC Enquiry Manual Discovery...
  19. G

    Edge EBT thread

    Please check this first post regularly for updates Hello, this is the thread for those that were employed by Edge and have received enquiries or demands from HMRC. I would encourage you to post here and offer support to each other, however keep in mind that HMRC do read these threads - so...
  20. S

    Take home pay - Limited Company or Umbrella Company

    The differences There is one question we get asked every day, not nearly every day or most days but actually every single day. “How much better off will I be using a limited company over an Umbrella company” The main savings with a Limited Company over an umbrella are around National Insurance...

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  1. Contracting
    1. General
      1. Brexit
    2. Business / Contracts
      1. Coronavirus Assistance
    3. Accounting / Legal
      1. Umbrella Companies
      2. HMRC Scheme Enquiries
      3. The Future of Contracting
      4. IR35 Reform
    4. Technical
    5. Welcome / FAQs
  2. Social
    1. Light Relief
    2. Social / Events
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