Member Since: 9th Jul 2009
21st Nov 2017
Surely a better solution for HMRC/UK PLC would have been to introduce NI or a tax surcharge on close company dividends. This way millions would be raised and millions would not be wasted by Government in fighting IR35 cases. The public sector (especially the NHS) would then have not found themselves in the situation where contracts can't be completed and patients are not being treated. A doctor who once used their own company is now employed by the NHS. That doctor now receives holidays, employer superannuation contributions etc etc. All of this means the taxpayer is actually worse off with the introduction of the rules. Surely this can't be right.
21st Mar 2017
For me this could lead to a disastrous outcome for the Government. For instance the NHS are taking a blanket view that doctors using their own limited companies are inside IR35 as they want no risk. Therefore, locum agency are saying to doctors we can no longer pay your company gross. Doctors are saying stuff you then and either ceasing company or putting up rates. The NHS needs the doctors so either they pay more or take on the doctor as an employee paying the NHS superannuation plus the sick pay etc. Absolutely ludicrous for me and will cost the taxpayer more.
28th Jul 2015
I may be wrong but I strongly suspect the 'best known' is the real key here which lead you to believe chemistry was present when actually the decision was always going that way.
27th Jan 2014
Is the 8% paid to the claimant gross?
24th Jun 2013
Surely all accountants & staff have to be good sales people?
In my opinion 'people buy people'. A client or potential client will get a feel if they can work with someone and if they feel they can't they are unlikely to engage your services. Just a flippant statement 'I can save you tax' in my experience is not enough. If the client feels comfortable and likes you then that can be the deal sealed. Staff also need to be sales people as often they will talk to the clients a lot more than the partners. Surely all staff are part of the overall sales force? For me it is not a case of 'can' but 'must' be good sales people.
19th Jan 2012
Sort itself out - is that a joke?
IMO HMRC as getting progressively worse as time goes by. They are sherking their responsibility of tax collection on to our good selves.
HMRC employs staff that know little or nothing about tax. This was reiterated from the top when it was said too many many people at the top know too little about tax.
For me it is a complete false economy to try and collect tax for UK Plc from what is fundementally a call centre based system.
Employ konwledgable staff, pay them the right salaries and you will see a gross tax intake far in ecxess of the increased costs.
Many of the countries problems and indeed the worlds problems arise from a lack of tax intake. Pushing the rates up to 50% will never work. Start by looking at the taxpayers who do not declare their entire earnings and to boot may well claim tax credits!!
If everyone paid tax then there would be no need for a 50% tax rate.
I suspect I am living in a dream world!!
I wonder what the reaction from HMRC would be if I or a group of us said we are leaving the profession to assist you in colelcting tax. We do not want salaries but do want 25% of the tax collected!!