Absolutely no way!! Not now; not ever!!
Big Brother indeed. And despite GDPR, who knows what will happen to the data tracking every movement.
Morally unacceptable on every level. Erodes trust and personal responsibility.
Particular clarity is required about how this will operate in the Construction Sector and how it will interact with CIS tax obligations. Following 6 months after the introduction of Construction Reverse Charge VAT this could be a horrendous burden for the Construction Sector.
Introducing a staff canteen at our office has definitely had significant benefits for the business. Apart from the time saving on staff going up the high street to buy lunch it has improved staff morale. But also staff from different departments get drawn into conversations which otherwise would not have happened. It is an environment where discussion about both business and non-business matters can be really fruitful.
Such a ban on non-audit work for audit clients is long overdue. The conflict of interest is otherwise unavoidable. If it pushes up audit fees then it means that these were being subsidised by non-audit work which makes the conflict of interest even more clear to see.
And VAT issues in Construction will only get more complicated and confusing for all concerned with the introduction of the reverse charge on 1 October 2019.
For those in the Construction Industry there was an important announcement buried in the small print ad not so far picked up on by any of the media or commentators. From Oct 2019 the industry is going to have to cope with operating Reverse Charge VAT on the majority of subcontract payments. In an industry where there are large volumes of small subcontractors, many of whom have little knowledge of tax and accounting, implementing this complex change is going to be a major challenge.
The regulations state that time to pay is measured from the date of receipt of the invoice. There is a problem with this. Does anyone know of an accounting system which records the date of receipt? All systems record the Invoice Date and almost all will record the date of input to the system. I have not seen one that also records the date of receipt (unless received electronically directly into the system), which will normally lie between those two dates. Therefore it will be impossible for most companies to strictly comply with these regulations. I expect most companies will either use invoice date or input date as the only practical way of trying to comply. Any amendments to software to add another date to all invoices will be costly and will not be ready for April.
Sad but true.
You are definitely not alone. My situation is different. I am employed in a software company. But after problems with stress and depression I have had to learn to say no and mean it when people ask me to do more. Five years ago (in my early 50s) I cut down to working 4 days a week in order to help. I don't answer work emails or calls on non-working days. Looking forward to cutting down to 3 days working in a couple of years time. It means less money but definitely worth it.
Many people are coping less well with modern working life than it might appear from the outside.
I think Simon has made a very real point here. The definition of self-employed should not include those who work long-term for a single "client" aka "employer". These people should get taxed as employees and gain employment rights.
What we absolutely need to avoid is the ridiculous situation where tax, pension, NI and other rules apply inconsistently so that someone is effectively an employee for some purposes and not others. Either someone is employed and gets all the rights of employment and is taxed accordingly or someone is genuinely self-employed and gets none of those rights and is taxed accordingly. There should be no middle-ground.