Phenomenal rise in Ltd Contractors

Posted by fellowcraft PM | on Sat, 09/07/2011 - 18:12 4300 26 comments | report

I'm sure that many of you are taking on more OMB Limited Company contractor clients. I'm seeing more blue chip companies, and even banks, "employing" full time people via this route.

IR35 issues aside (please) - can HMRC simply not challenge the "client" (employer) in these circumstances as false employment? If the "supplier" (employee) was a self employed person they'd levy the notional PAYE and NIC on the company without much hassle.

Also, what hoops does the "client" have to jump through to do this? Most contractors I see now operate through an agency rather than contracting direct with the end client. Does this provide some sort of safety net?

Comments

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Can't ignore IR35 that's what it's there for

Paul Scholes | Sat, 09/07/2011 - 19:37

Daft tax rules

zebaa | Sat, 09/07/2011 - 20:23

Employers NIC is the problem

Ken Howard | Sat, 09/07/2011 - 20:36

Loopholes

petersaxton | Sat, 09/07/2011 - 20:38

Thanks for replies so far

fellowcraft | Sat, 09/07/2011 - 21:02

Also

fellowcraft | Sat, 09/07/2011 - 21:07

My understanding ...

Old Greying Accountant | Sat, 09/07/2011 - 23:27

I'd prefer dividend

petersaxton | Sat, 09/07/2011 - 23:41

Peter, read my post properly, I was talking future possibilities

Old Greying Accountant | Sun, 10/07/2011 - 00:35

As usual

geoffmw1 | Sun, 10/07/2011 - 11:12

Geoff

fellowcraft | Sun, 10/07/2011 - 20:10

Employer's perspective

Ian Bee | Mon, 11/07/2011 - 10:08

IR35

CWservices6064 | Tue, 12/07/2011 - 22:56

To answer the question ...

Steve Holloway | Wed, 13/07/2011 - 09:01

Employers prefer Ltd companies with good reasons.

richardterhorst | Wed, 13/07/2011 - 11:12

Agreed.

ahalgryn | Wed, 13/07/2011 - 11:13

IR35 & Agency Regs

davechaplin | Wed, 13/07/2011 - 11:17

Backdated liabilities

wbuggey | Wed, 13/07/2011 - 11:32

Agencies

Harrisd412 | Wed, 13/07/2011 - 12:12

Agencies

Harrisd412 | Wed, 13/07/2011 - 12:12

Is it any wonder?

cfield | Wed, 13/07/2011 - 13:01

Some good ideas here ...

Old Greying Accountant | Wed, 13/07/2011 - 17:25

Can you imagine....

fellowcraft | Thu, 14/07/2011 - 08:13

You've missed one point on all of this ...

Steve Holloway | Thu, 14/07/2011 - 08:43

Phenomenal rise in Ltd Contractors

twickers | Mon, 18/07/2011 - 11:37

Now, far be it from me to say ...

Old Greying Accountant | Mon, 18/07/2011 - 16:39