RE: FN-FORUM: Ir35 legislation & opting out ?

date posted 30th October 2007 17:57

I can't see how this is at all true. If it were, then it would =
effectively
rule out any self-employed person from ever doing any work. With =
actually
knowing 100% the facts, I would suggest that this is nothing more than
paranoid nonsense from the company you are working with. They obviously
think that pushing you into using an umbrella company will rid them of =
any
risks they=92ve dreamt up regarding taxation etc.

Although I could be wrong, which would be very worrying.

Regards
Phill Healey
Munklefish
Po Box 70
Manchester
M34 3SQ
T: 0161 408 4759
=A0

-----Original Message-----
From: [EMAIL REMOVED] [EMAIL REMOVED] On Behalf Of steve
wilson
Sent: 30 October 2007 18:28
To: FN-FORUM / [EMAIL REMOVED]
Subject: FN-FORUM: Ir35 legislation & opting out ?


Hi guys,

I am currently doing some freelance work via people4business. I am=20
having to go through a umbrella company because of new legislation=20
regarding any unpaid tax will be the responsiblity of the contract=20
agency. So they need to cover themselves by making their sellers go=20
through a umbrella company. This way, I basically pay tax as any normal=20
9-5 person would.

The problem for me is, I have to pay admin costs to use the umbrella=20
company, and also I would like to pay my tax at the end of the year like =

any normal freelancer.

Does anyone know anything of this legislation and if there is a way=20
around it ? Is the agency im using giving me the correct information ?

I am told, the only way to get around this is to become a ltd company.=20
But my earnings do not warrant this at the moment..it is a lot of=20
paperwork and quite expensive.

Also, is the opting out clause in people4business relating to this ir35=20
legislation ?

Any help or info is really appreciated.

Thanks

Steve


--=20
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