The Freelance Thread (Contractor, IR35)

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  • In what order should I do this or does it matter? I need to register as a sole trader, open a business account, buy that computer.

    That order. You would (personally) loan the company the funds. You also need an accountant.

  • loan what company? My lending myself money?

    I have a couple of accountant friends, I am sure I can just buy them a couple of pints...

  • Sorry, I somehow ignored the sole trader bit.

  • I did think about starting a limited company, but my possible freelance jobs are likely to be fairly straightforward and risk free - I teach a course for a week, I get paid, same again the next week, same again whenever I want, so 2 or 3 incoming transactions a month at most...

  • So my going freelance is not going according to plan as such - I have gotten myself another paid employment 3 days a week and the other 2 days will still be freelance. This means every penny I earn from my freelance will be subject to tax and my regular employment will use up the tax free allowance etc.

    So if I was to buy a laptop for £1350, that is solely for my freelance work (I have another laptop from work), how much of that can I claim back as my capital investment or whatever it’s called?

  • This means every penny I earn from my freelance will be subject to tax

    It...always....is.

  • 😒 you knew exactly what I meant...

  • Do any devs or designers on here have experience with Zaius (or similar CRM platforms) and Magento? We need somebody to build out a suite of transactional and marketing templates.

  • Contractor loan charge. Is it over yet?

  • IR35 goal posts have been moved, it now allows to work DONE after 6April, not work PAID after.

    Still not got a fucking clue about it really.

  • Is everyone clear if they are inside or outside yet?

    I'm not. My current client is still deciding.

  • I received a letter.

    It will be the third or fourth letter saying it's all over.

    And then isn't.

  • I’m inside. Asked for an extra £135 a day

  • Did you get it though? My client just blanket determined everyone [correction: inside]. Am umbrella as of this week. They did undo a previous 10% rate cut though.

  • If you have to ask or wait to be told, you will be in.

  • Did you get it though? My client just blanket determined everyone outside. Am umbrella as of this week. They did undo a previous 10% rate cut though.

    Presumably they determined everyone INSIDE?
    If they undid a 10% rate cut and determined everyone out then that's a pretty good day.

  • In, they agreed to cover additional tax, NI contributions, and umbrella fees. I may as well close my Ltd now.

  • Still waiting, had 3 calls this week about jobs outside IR35

  • Oops yes inside of course.

  • The whole thing is a mess, I'm an editor and the film a TV industry is having a meltdown. Some companies are on it and are willing to take on the admin to create ghost projects in order to pay people regularly. I don't know how it works in other industries but its not unusual for an editor to be booked for a week but stay for months on a job on the whims of a client, its really hard to plan for it. I'm hoping I'll get more work through my studio rather than going in to agencies and post houses as that's the easiest way to get outside of IR35

  • If you are deemed in, and continue doing the same role at the same client, then aren't you open to it being claimed that you were always in? i.e backdating your status?

  • They would still need to evidence any decision.

    They know that companies will, generally, 'in' their permalancers out of convenience / risk mitigation rather than actually consider carefully what they are doing and how.

    As far as I know, even if you were declared as out, they can still retrospectively investigate you and evidence you as in, and pop their hand where the sun doesn't.

  • That's what ir35 insurance is for. My contract was deemed outside by my insurer so it's their problem now.

  • Out of interest, has anyone turned down their newly 'in' contracts, and instead negotiated for a full time contract?

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The Freelance Thread (Contractor, IR35)

Posted by Avatar for amey @amey

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