Posts by Addanc

Logitech's sales plunge 20% as demand for PCs slows

Re: Are you sure it's not because of poor quality?

What's your name Gordon Brown?

Bitcoin surges, exchanges flooded after Tesla says it bought $1.5bn in BTC, hopes to accept it as payment soon

Re: Bubbleception

How does the substitution work when "in the last ten years" is substituted for "in January"?

aka long term v short term.

The CIA's 'entire' collection of UFO records has been made available for you to sigh at

Re: multipage .tiff files

<trolling=on>Must be using windows</troll>

Linus Torvalds banishes masters, slaves and blacklists from the Linux kernel, starting now

Re: Hackers, Schmackers

As a Smurf, I object to the use of blue!

Re: Lovely.

For a native English speaker Block-List is still ambiguous, consequently poor.

Re: Proudly ignorant

Block-list is an ambiguous.

UK MPs to off-payroll workers: Delay IR35 reforms until 2023? You wish

I prefer a flat rate tax system; slim down the tax codes to a couple of pages of A4 (I will still contract); the country can then save loads of dosh by sacking HMRC public sector idiots; will not happen because HMRC/Gov like complexity and ambiguity in the belief that it increases revenue.

You are unlikely to get a gig if not working through a Limit Co, since otherwise you would be opening up the client to tax liabilities.

In Rust we trust? Yes, but we want better tools and wider usage, say devs

Re: Rust is loved and its language design widely admired

Object Oriented Software Construction by Bertrand Meyer, top book on OO.

Don't worry, IT contractors. New UK chancellor says HMRC will be gentle pushing IR35 rules

HMRC reckons that only one in 10 contractors

"HMRC reckons that only one in 10 contractors in the private sector who should be paying tax under the current rules are doing so correctly. It estimates the reforms will recoup £1.2bn a year by 2023."

Based on court cases ref

https://www.contractorcalculator.co.uk/ir35_court_cases_judgments.aspx

1 in 10 sounds about right.

BAE Systems tosses its contractors a blanket... ban on off-payroll working under upcoming IR35 tax reforms

Re: "[HMRC] has predicted the reforms will recoup £1.2bn a year by 2023"

If my recollection is correct at one time PCG/IPSE had challenged and won over 1500 IR35 case compared to a literal handful won by HMRC; if correct the statement that on 1 in 10 contractors pay the correct tax is a LIE.

Contractor association blasts UK.gov guidance on hated IR35 tax law's arrival in private sector

Re: Snort

I thought IPSE sponsored research indicated that the self employed are worth 130 billion/year to the UK economy.

Re: It is the contractors' own fault ...

I;m still waiting for IPSE to publish an up to date list of Tory MPs who could lose their seat due to contractor vote, I would get it published PDQ and make sure it waved under Johnson's node.

It's happening, tech contractors: UK.gov is pushing IR35 off-payroll rules to private sector in Finance Bill

"I think the govt recognsed the loop hole as to how contractors have been dodging taxes for decades and making millions, ..."

I believe the heavy use of the Limited Company model by contractors came about through more rubbish conservative legislation (the inability to see beyond the end of their nose and the resulting unintended consequence); at one time in the building trade firms were employing labours as self employed; the labours were paid without stoppages and subsequently paid no tax; legislation was introduced to throw liability for unpaid taxes back onto the firms employing the labours; this impacted all sectors with the result contracts would not be contracted unless they worked through some sort of company entity (i.e. avoiding liability for any resulting unpaid taxes); working through a company was forced and any resulting tax advantage is the fault of the conservative government of the time!

I wonder what will happen with the latest legislation?

Re: The simple answer ...

I believe the status of any contract has to be declared up front under the new rules. I would certainly expect this to be the case.

Re: has this actually raised any more tax?

IPSE put the value of contractors to the economy at 130 billion, what do HMRC expect to raise 3-4 billion.

When it comes to do as I say not as I do; Phil Hammond's company paid short of 6K corp. tax on 1.6 million; I will bet there are a lot of contractors out there who paid more in corp. tax on a lot less.

Simple solution do not vote conservative, they are anti-business and are unfit to govern the UK.

IR35 contractor tax reforms crawl closer to UK private sector with second consultation

HMRC loses ‘disguised employee’ contractor case.

https://www.constructionnews.co.uk/best-practice/legal/hmrc-loses-disguised-employee-contractor-case/10029598.article

Not really working in the public sector, I wonder if this latest IR35 tweak is going to trigger a litigation shit storm. Politicians and the unintended consequences of the legislation, or is it the fact that they simply do not care about the country?

Re: Not again!

"Now it plans to do the same for the private sector, saying that just 10 per cent of PSCs apply existing legislation correctly, with the cost of non-compliance estimated to reach £1.3bn by 2023-24."

I recall that at one point PCG/IPSE had won over 1500 IR35 cases, while HMRC had won literally only a handful, 10% really?

An IPSE commissioned report suggests that flexible work force contribute of the order of £125 billion to the economy, HMRC are aiming to recover £1.3 billion; even if the IPSE commissioned report is optimistic I would suggest there is a strong possibility that the IR35 private sector reforms will lose lots of revenue. There is no accounting for stupidity!

Re: Companies will take the easy & safe choices

To raise more revenue maybe the tax man should crack down on companies like Philip Hammond's which pays £5964 corporation tax on a £1.6 million profit. I will bet that many contractors pay more corporation tax than Hammond's company on a fraction of the profit, I know that I do.

https://www.thisismoney.co.uk/money/news/article-6585187/Hypocrite-Chancellors-firm-pays-paltry-tax-bill-Hammond-tells-web-giants-pay-fair-share.html

HMRC: We 'rigorously tested' IR35 tax-check tool... but have almost nothing to show for it

Re: FTFY

The Conservative motto "Do as I say not as I do"

Philip Hammond's company paid just £5964 corporation tax on $1.6M profit; I have paid more corporation tax each year on a fraction of the turnover; what was that about avoiding paying the correct tax each year?

https://www.thisismoney.co.uk/money/news/article-6585187/Hypocrite-Chancellors-firm-pays-paltry-tax-bill-Hammond-tells-web-giants-pay-fair-share.html

MIT to Oz: Crypto-busting laws risk banning security tests

Aussies just will not let us win at anything

I thought we had a world class moronic politicians in the UK, but the aussies will not us win at anything.

UKIP flogs latex love gloves: Because Brexit means Brexit

Provide an argument for remain based on real world facts and/or data, i.e. no opinions and no FUD?

From the electoral commission:

Remain: 16,141,241 (48.1%)

Leave: 17,410,742 (51.9%)

Total Electorate: 46,500,001

Turnout: 72.2%

Looks resounding to me!

Re: Don't need a condom.....

Examples lies please?

UK.gov finally adds Galileo and Copernicus to the Brexit divorce bill

Re: TL;DR

"As the deadline approaches, the pound is likely to continue to decline, costs are likely to increase, and the numbers of firms hurt rather than helped is likely to increase."

Sounds like one of those things called an opinion.

Re: TL;DR

If you want to stay in the EU I have a better idea, how about making arguments based on verifiable real world fact and/or data as opposed to FUD and opinion; to give you a helping hand here is an example of a leave argument; at the time of the referendum the EU accounted for approximately 16-17% or world GDP and declining (in the 70s it was 30% plus), that means that 83-84% resides in the rest of the world; I back trade with the rest of the world unencumbered by EU protectionist crony corporatism; a small percentage of something big is probably going to be worth more than a large percentage of something small and getting smaller in long term.

You may also like to explore the lack of democracy (law originating from the commission), systemic corruption (accounts not signed off for 20+ years).

Ongoing game of Galileo chicken goes up a notch as the UK talks refunds

The EU 27 run a 70+ billion pound surplus with the UK; take Germany out of the picture and the UK pays in more than the other 26 together; when the cash cow UK leaves, the club will probably become insolvent.

One thought equivalent to less than a single proton in mass

Dons tin hat.

Her comments pale in comparison to the bigoted racist hypocritical left wing rubbish spouted by the likes of the Gruniad and BBC.

UK.gov gears up for IR35 private sector crackdown – say industry folk

Utter rubbish, the last time I got sight of PCG/IPSE stats they were 1500+ verses a handful of wins for HMRC.

Re: Govt just trying to get cash back for shite work done by contractors.

There is a need for an investigation into the donation given to the blue socialists party and its individual MPs.

Re: The UK Tax system is no longer fit for purpose.

Flat rate tax system, try a couple of the Baltic states and Russia for starters. By regressive do you mean penalising people who work harder and consequently earner a little bit more? I have a bad back from carrying useless permies!

EU announces common corporate tax plan

Re: Well

I don't recall having a vote on 27 members of the commission. The 28th (UK) has never been elected to anything, just a Cameron crony.

Don't want to upgrade to Windows 10? You'll download it WHETHER YOU LIKE IT OR NOT

Re: "Personal" computer no more

Try Linux Format, they have periodic newbie articles on getting started with Linux.

Deprivation Britain: 1930s all over again? Codswallop!

References?

How to destroy a brand-new Samsung laptop: Boot Linux on it

Re: Well actually

I have an ancient Sony Vaio and have never had problem installing Linux on it!