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Post Info TOPIC: IR35 / Off Payroll Tax


Newbie

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Date:
IR35 / Off Payroll Tax


Hi

I have a client who is considering taking on a construction contract and has asked me about the off payroll tax changes in April 2020. He has a limited company of which he is a director & sole employee. This contract would see him in a supervisory position managing the construction of a major new road for several months. He would be in charge of around 14 gangs of 5 men. His company is registered for CIS and currently has tax stopped at 20%.

Every thing I have looked at says he would fall under the new rules but I have no real idea about how to advise him to proceed with the admin side of it. Any pointers would be gratefully received!



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Master Book-keeper

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Posts: 8646
Date:


Hi Tracey
So hows about an intro before we start. We always ask newbies!

Usual stuff - what prof body do you belong to, do you work for yourself or in a practice/ firm, are you a bookkeeper or accountant, what qualifications, who provides your practice licence and mlr cover how long in role, where up to in your studies-what exams passed/with what body/in midst of doing, where based, what you did before this role? That sort of thing. Helps get to know you but also how best to pitch answers.

Also can you add your first name so that it appears under the signature bar on your posts? Saves everyone looking it up each time!! (Edit profile --->signatures)




__________________

Joanne

Winner of Bookkeeper of the Year 2015, 2016 & 2017

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position



Guru

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Posts: 1115
Date:

Shame Tracey has not been back on, it could have been an interesting discussion



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Doug

These are only my opinions of how I see things and therefore should not be taken as advice



Master Book-keeper

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Posts: 8646
Date:

Hopewell wrote:

Hi

I have a client who is considering taking on a construction contract and has asked me about the off payroll tax changes in April 2020. He has a limited company of which he is a director & sole employee. This contract would see him in a supervisory position managing the construction of a major new road for several months. He would be in charge of around 14 gangs of 5 men. His company is registered for CIS and currently has tax stopped at 20%.

Every thing I have looked at says he would fall under the new rules but I have no real idea about how to advise him to proceed with the admin side of it. Any pointers would be gratefully received!


Although Doug - there is no Q. The 'any pointers' on 'admin' could do with pining down and the massively wide range of issues, with not nearly enough info on what basis the deal is expected/contracted/planned to proceed, could mean a thesis type answer, whereas it might just be one issue that needs covering off.



__________________

Joanne

Winner of Bookkeeper of the Year 2015, 2016 & 2017

Thoughts are my own/not to be regarded as official advice,which should be sought from a suitably qualified Accountant.

You should check out answers with reference to the legal position

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