Interesting the date is 22nd November. The date that Maggie got thrown under a bus.
- 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.
November 22nd - The death of contracting as we know it
Collapse
X
Collapse
-
-
Originally posted by unixman View PostContrary to popular belief, most contractors do it for the freedom and the extra money, not for tax savings. (Right, lads and lasses?). If the govt. wants to "level the playing field", perhaps it could start by unifying NI and income tax, as it promised to do in 2010.Comment
-
Originally posted by unixman View PostContrary to popular belief, most contractors do it for the freedom and the extra money, not for tax savings. (Right, lads and lasses?). If the govt. wants to "level the playing field", perhaps it could start by unifying NI and income tax, as it promised to do in 2010.
Don’t get me wrong, I’m very happy not paying NI but it isn’t fair and it isn’t right.
I think if these changes are rolled out to private sector then clients will move the disguised employees to FTC and make an outside declaration for the others. They will also make sure that working practices are done properly so for real contractors this may well work out better.
Although I don’t have a crystal ball.See You Next TuesdayComment
-
Originally posted by Big Blue Plymouth View PostUp to a point but I certainly won't be getting up at 4:30 am on a Monday morning to do a Monday - Friday stopover when I'm footing the bill from my personal finances. Many others I talk to say the same.
Yes they can still get people on £400 a day but the amount delivered and the quality of the work achieved is far far less...merely at clientco for the entertainmentComment
-
-
Originally posted by mudskipper View PostThe £440 million made up figure is now a £700 million made up figure.Comment
-
Originally posted by Big Blue Plymouth View PostUp to a point but I certainly won't be getting up at 4:30 am on a Monday morning to do a Monday - Friday stopover when I'm footing the bill from my personal finances. Many others I talk to say the same.Comment
-
I realise this will sound naïve, but where is the debate, the balanced argument, on what contractors do pay that PAYE's don't? E.g. corporation tax, VAT (in some cases), dividend tax.
Surely some analysts have done the math for HMRC, to show that these tax receipts will drop by shoving freelancers into PAYE.
Have I missed something? Or is HMRC simply being obtuse about such distinctions?
I won't both listing the risks that freelancers take and the things they do without c/w PAYEs. I can see HMRC doesn't want to take those on board."My God, it's huge!!"Comment
-
This battle is now over NI and especially employers ni. Apart from that a contractor and a permanent staff member pay roughly the same percentage of tax.merely at clientco for the entertainmentComment
-
Originally posted by eek View PostThis battle is now over NI and especially employers ni. Apart from that a contractor and a permanent staff member pay roughly the same percentage of tax.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
- Should I tailor my CV and risk agencies receiving several versions of my skills? Dec 13 18:54
- How to negotiate a rate rise as an IT contractor Yesterday 08:11
- Public Accounts Committee MPs slam 'just about everything HMRC has done' with IR35 reform May 25 23:29
- What us contractor experts told Labour Market Enforcement Director Margaret Beels May 25 08:57
- Contractors' Questions: Did my company's annual meal flout the GBP150 staff entertainment exemption? May 24 23:06
- Contractor convinces agency to go off-PSL by threatening to quit May 24 08:07
- Contractors' Questions: Should I hire a UK or French accountant to help with residency in France? May 23 09:39
- Investigate effects on NHS recruiters of national insurance increase, chancellor told May 23 09:30
- Can I sell my business assets to myself? May 20 08:42
- Contractor dividends guide for the 2022/23 tax year May 19 09:58
Comment