Until I can, are there any worked examples? Is this starting in April 2016?
People forget that owning your own business comes with the perils of unpaid holiday/sick, non payment by clients, costs for offices, overheads and that you are creating employment. If I don't see any tax benefit, I would rather just be employed and pick up a pay cheque.
My answers
I am defintinely retiring!!!
Until I can, are there any worked examples? Is this starting in April 2016?
People forget that owning your own business comes with the perils of unpaid holiday/sick, non payment by clients, costs for offices, overheads and that you are creating employment. If I don't see any tax benefit, I would rather just be employed and pick up a pay cheque.
Just commenting back to Roland
as he seemed to say this would be custodial if benefit fraud. Not in my experience, but I am sure there are some isolated cases.
Benefit fraud? Rarely jailed here
Not sure if this varies by region but hardly ever see anyone in this area who is convicted of benefit fraud going to jail.
Stats would seem to bear this out.
http://www.dailymail.co.uk/news/article-2607590/Just-one-29-benefit-chea...
Misleading title
On the original headline it said HMRC Agent. I therefore thought it was going to be an agent not an employee.