Member Since: 6th Sep 2005
I currently work for Construction Industry Solutions Ltd (known as COINS), the leading provider of integrated business software to the construction industry. My main area of responsibility within COINS currently is statutory compliance (particularly CIS and VAT). I am also starting to look at issues around environmental accounting. As well as working for COINS, I chair the Construction Industry Special Industry Group within BASDA. I also represent BASDA on the HMRC CIS Operational Forum.
9th Nov 2016
Sad but true.
8th Nov 2016
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.
21st Oct 2016
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.
30th Mar 2016
I have no sympathy with anyone who tries to exploit the tax system with such schemes. The average employee cannot get their employer to "lend" them their pay indefinitely to avoid tax on it. So why should anyone be allowed to do it - whether by their own initiative or by paying someone else to set up such an arrangement? The idea that this is a genuine commercial arrangement rather than blatant abuse of the tax system just does not hold water.
And as to it being retrospective - they now have three years to pay back the loan!! After all that is the commercial reality of the scheme - the loan is repayable!
8th Oct 2014
Well said Dennis Nally!
If we all took the attitude in every area of life that we would have no regard to morality but only to legality then the world would be in a very sorry state indeed. The attitude that anything is acceptable behaviour provided that it has not been specifically legislated against and can be interpreted as being within the letter of the law is a dreadful one. In this regard, tax advice should not be regarded as different from anything else.
10th Jul 2014
Agreed - a good article
I agree with you. I was not a member of the group but did contribute to the consultation on the initial draft. It is a worthwhile set of principles. Inappropriate and/or inefficient use of spreadsheets is commonplace. Most users have had no training on spreadsheet use and many are unaware of even quite basic techniques which could improve their use.
How much the twenty principles will achieve will have to be seen - but at least they give a starting point and a benchmark against which to measure.
29th May 2014
Money Saving ???????
The Black Knight wrote:
How much is all this going to cost?
Apparently, according to HMRC replacing the Government Gateway is going to save a substantial amount of money - because the current contract with their Government Gateway outsourcer is so expensive.
29th May 2014
Anti Virus is still useful
Anti Virus software is still clearly useful. Some of the answers to this post have missed that bit. It is just that AV software can no longer give full protection - so it is not enough on its own. But I certainly wouldn't be without it - either at home or at work. What we need to add over and above our current type of AV software is the real question here.
8th Jan 2014
Moving Training Contract
I moved firm part way through my ICAEW training contract in the mid 1980's. My problem was that I was getting no new experience in my second year and felt that I would not have adequate practical experience to back up my qualification. I moved to a much larger firm in London to complete my training. A year after qualifying, I then moved out into industry. Such a move was certainly very rare at the time but it was the right thing for me.
5th Jul 2013
It does seem rather bizarre that UNESCO should object to the mining heritage of Cornwall being kept alive by actual mining!