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(What is ir35? - Edit Wiki)
Videos 1 to 29
Umbrella Company Calculator IR35 Calculator Umbrella Company
from YouTube :: Videos by tarponltd November 14, 2008
NET 85% OF YOUR INCOME: http://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTubeTop20 0845 643 1580 Tarpon -- Contractors/ Freelancers/ Consultants Before we go any further, perhaps we should say something about our own reputation? We're an employment benefits company known for making contracting substantially more rewarding. We're renowned both for our tax expertise and for providing contractors with their own personal business managers. By signing up with us, contractors are given the status of employees. This comes with numerous benefits. Not the least of which is that they can′t be challenged under IR35 rules. They also receive a regular salary; they enjoy the ability to claim 100% of business expenses tax-free, often without receipts (all HM Revenue they′re given a P60 at the end of the year; they can draw holiday and sick pay; and they may not need to fill in a tax return. Most vital for you, though, is the following fact: As far as HMRC are concerned, the buck stops with us. Not with you. Nor with your contractors. Your reputation, in other words, is safe with us. Business Expenses Claim back business expenses such as travel, accommodation, food and much more with our unique HMRC approved expenses policy. Tarpon will maximise your income, keep you legal and streamline all your admin. Tax. IR35. Confused about the implications? Or just confused about what it is? Leave it all to us. We're specialists in both tax and IR35 and can give you impartial, straightforward advice on both. With Tarpon, you'll have your own personal business manager to keep you tax-efficient and to reclaim up to 100% of your business expenses, tax-free. (Your business manager will even call you at a convenient time to take down the details of those expenses, which means you won't need to do this online each week.) And to ensure you maximise your tax and national insurance savings we also offer a childcare voucher scheme and a personal pension through salary sacrifice. If the taxman comes knocking, it won′t be on your door. As far as HM Revenue & Customs are concerned, the buck stops with us, not with our contractors. So, unlike some umbrella companies, we don′t need to provide legal fees to cover possible investigations. We′ll keep you IR35-compliant, supply you with a P60 and employ an expenses policy approved by HMRC themselves. https://www.tarpon-uk.com/employee-benefits/tax-expertise/?WT.mc_id=ON_V_YouTubeTop20 Benefits that Tarpon members enjoy: Get £25.00 for every night that you stay on a friend's sofa You don't need receipts to claim lunch expenses Get back your travel expenses, tax-free. Get £20m indemnity cover, free. Get paid on time, everytime. Don't pay more tax than you have to. Employment benefits company. Tarpon have revolutionized the industry by being the first company to introduce an exclusive employment benefits package for contractors, coupled with, an over-arching employment contract that will ensure you remain IR35 and MSC compliant at all times. We pride ourselves with our unrivalled quality service through personal business managers who will make sure that you don't have to worry about any administration, tax returns or expensive accountants. We'll also give you £20million worth of professional insurances for total peace of mind. Calculate your salary: https://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTubeTop20 1based on personal circumstances Tags Umbrella company ir35 compliant tarpon tarpon-uk contractor payroll it contracting hmrc compliance tax advice salary calculator Author: TarponLtd Keywords: Umbrella Company Calculator IR35 ir35 compliant tarpon tarpon-uk contractor payroll it contracting hmrc compliance tax advice salary calculator Added: November 14, 2008
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MSC Legislation What is MSC Legislation Tarpon Ltd
from YouTube :: Videos by tarponltd October 31, 2008
NET 85% OF YOUR INCOME: http://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTubeTop20 0845 643 1580 Contractors and agencies keep warning me about Managed Service Companies. What are they exactly? The definition of an Managed Service Company or MSC in the legislation includes both composites and managed personal service companies. The MSC provider promotes the use of such companies and offers the structure. The worker is a shareholder, but does not have any control over the company. & what does the MSC legislation do? The key parts of the legislation took effect from 6th April 2007 and applies through whichever route the worker receives their income. This means that PAYE and Class 1 National Insurance Contributions must be applied to all income received by individuals in MSCs in relation to their services. If an MSC cannot pay the PAYE and National Insurance Contributions that it is liable for, under the MSC legislation the debt can be transferred to a third party, including the contractor, the MSC provider and, in certain circumstances, the recruitment agency. So who is affected? Primarily it is the workers who use Managed Service Companies to provide their services, because the legislation is concerning taxation of that persons income. The legislation also affects MSC Providers which is anyone who makes Managed Service Companies available Who is not affected then? Workers operating through a Personal Service Company that is not within the new definition of an MSC. And workers operating through Umbrella Companies. Make sure your payroll option is compliant with the MSC legislation. Author: TarponLtd Keywords: MSC Legislation Tarpon ltd Avoid IR35 Tarponltd Contractor Dispensation Umbrella Company Dispensations Tax Advice Contractors IT Payroll ir35 compliant tarpon tarpon-uk contractor hmrc compliance salary calculator Added: October 31, 2008
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Avoid IR35 - Be compliant with IR35 Legislation
from YouTube :: Videos by tarponltd October 30, 2008
NET 85% OF YOUR INCOME: http://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTubeTop20 0845 643 1580 Tarpon Contractors/ Freelancers/ Consultants Before we go any further, perhaps we should say something about our own reputation? We're an employment benefits company known for making contracting substantially more rewarding. We're renowned both for our tax expertise and for providing contractors with their own personal business managers. By signing up with us, contractors are given the status of employees. This comes with numerous benefits. Not the least of which is that they can′t be challenged under IR35 rules. They also receive a regular salary; they enjoy the ability to claim 100% of business expenses tax-free, often without receipts (all HM Revenue they′re given a P60 at the end of the year; they can draw holiday and sick pay; and they may not need to fill in a tax return. Most vital for you, though, is the following fact: As far as HMRC are concerned, the buck stops with us. Not with you. Nor with your contractors. Your reputation, in other words, is safe with us. Business Expenses Claim back business expenses such as travel, accommodation, food and much more with our unique HMRC approved expenses policy. Tarpon will maximise your income, keep you legal and streamline all your admin. Tax. IR35. Confused about the implications? Or just confused about what it is? Leave it all to us. We're specialists in both tax and IR35 and can give you impartial, straightforward advice on both. With Tarpon, you'll have your own personal business manager to keep you tax-efficient and to reclaim up to 100% of your business expenses, tax-free. (Your business manager will even call you at a convenient time to take down the details of those expenses, which means you won't need to do this online each week.) And to ensure you maximise your tax and national insurance savings we also offer a childcare voucher scheme and a personal pension through salary sacrifice. If the taxman comes knocking, it won′t be on your door. As far as HM Revenue & Customs are concerned, the buck stops with us, not with our contractors. So, unlike some umbrella companies, we don′t need to provide legal fees to cover possible investigations. We′ll keep you IR35-compliant, supply you with a P60 and employ an expenses policy approved by HMRC themselves. https://www.tarpon-uk.com/employee-benefits/tax-expertise/?WT.mc_id=ON_V_YouTubeTop20 Benefits that Tarpon members enjoy: Get £25.00 for every night that you stay on a friends sofa You dont need receipts to claim lunch expenses Get back your travel expenses, tax-free. Get £20m indemnity cover, free. Get paid on time, everytime. Dont pay more tax than you have to. Employment benefits company. Tarpon have revolutionized the industry by being the first company to introduce an exclusive employment benefits package for contractors, coupled with, an over-arching employment contract that will ensure you remain IR35 and MSC compliant at all times. We pride ourselves with our unrivalled quality service through personal business managers who will make sure that you don't have to worry about any administration, tax returns or expensive accountants. We'll also give you £20million worth of professional insurances for total peace of mind. Calculate your salary: https://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTubeTop20 Tags Tarponltd Tarpon ltd Contractor Dispensation Contractor Umbrella Company Dispensations Tax Advice Contractors Umbrella Company IT Contractor Payroll ir35 compliant tarpon tarpon-uk contractor hmrc compliance salary calculator Author: TarponLtd Keywords: Avoid IR35 Tarponltd Tarpon ltd Contractor Dispensation Umbrella Company Dispensations Tax Advice Contractors IT Payroll ir35 compliant tarpon tarpon-uk contractor hmrc compliance salary calculator Added: October 30, 2008
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Contractor Dispensation Contractor Umbrella Dispensations
from YouTube :: Videos by tarponltd October 27, 2008
NET 85% OF YOUR INCOME: http://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTubeTop20 0845 643 1580 Tarpon Contractors/ Freelancers/ Consultants Before we go any further, perhaps we should say something about our own reputation? We're an employment benefits company known for making contracting substantially more rewarding. We're renowned both for our tax expertise and for providing contractors with their own personal business managers. By signing up with us, contractors are given the status of employees. This comes with numerous benefits. Not the least of which is that they can′t be challenged under IR35 rules. They also receive a regular salary; they enjoy the ability to claim 100% of business expenses tax-free, often without receipts (all HM Revenue they′re given a P60 at the end of the year; they can draw holiday and sick pay; and they may not need to fill in a tax return. Most vital for you, though, is the following fact: As far as HMRC are concerned, the buck stops with us. Not with you. Nor with your contractors. Your reputation, in other words, is safe with us. Business Expenses Claim back business expenses such as travel, accommodation, food and much more with our unique HMRC approved expenses policy. Tarpon will maximise your income, keep you legal and streamline all your admin. Tax. IR35. Confused about the implications? Or just confused about what it is? Leave it all to us. We're specialists in both tax and IR35 and can give you impartial, straightforward advice on both. With Tarpon, you'll have your own personal business manager to keep you tax-efficient and to reclaim up to 100% of your business expenses, tax-free. (Your business manager will even call you at a convenient time to take down the details of those expenses, which means you won't need to do this online each week.) And to ensure you maximise your tax and national insurance savings we also offer a childcare voucher scheme and a personal pension through salary sacrifice. If the taxman comes knocking, it won′t be on your door. As far as HM Revenue & Customs are concerned, the buck stops with us, not with our contractors. So, unlike some umbrella companies, we don′t need to provide legal fees to cover possible investigations. We′ll keep you IR35-compliant, supply you with a P60 and employ an expenses policy approved by HMRC themselves. http://www.tarpon-uk.com/employee-benefits/tax-expertise/?WT.mc_id=ON_V_YouTubeTop20 Benefits that Tarpon members enjoy: Get £25.00 for every night that you stay on a friends sofa You dont need receipts to claim lunch expenses Get back your travel expenses, tax-free. Get £20m indemnity cover, free. Get paid on time, everytime. Dont pay more tax than you have to. Employment benefits company. Tarpon have revolutionized the industry by being the first company to introduce an exclusive employment benefits package for contractors, coupled with, an over-arching employment contract that will ensure you remain IR35 and MSC compliant at all times. We pride ourselves with our unrivalled quality service through personal business managers who will make sure that you don't have to worry about any administration, tax returns or expensive accountants. We'll also give you £20million worth of professional insurances for total peace of mind. Calculate your salary: https://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTubeTop20 **1 85% is based soley on personal circumstances and is no way guarenteed. Tags Tarponltd Tarpon ltd Contractor Dispensation Contractor Umbrella Company Dispensations Tax Advice Contractors Umbrella Company IT Contractor Payroll ir35 compliant tarpon tarpon-uk contractor hmrc compliance salary calculator Author: TarponLtd Keywords: Tarponltd Tarpon ltd Contractor Dispensation Umbrella Company Dispensations Tax Advice Contractors IT Payroll ir35 compliant tarpon tarpon-uk contractor hmrc compliance salary calculator Added: October 27, 2008
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Contractor Payroll, IT Contractor Payroll, Umbrella Payroll
from YouTube :: Videos by tarponltd October 10, 2008
NET 85% OF YOUR INCOME: http://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTubeTop20 0845 643 1580 Tarpon Contractors/ Freelancers/ Consultants Before we go any further, perhaps we should say something about our own reputation? We're an employment benefits company known for making contracting substantially more rewarding. We're renowned both for our tax expertise and for providing contractors with their own personal business managers. By signing up with us, contractors are given the status of employees. This comes with numerous benefits. Not the least of which is that they can′t be challenged under IR35 rules. They also receive a regular salary; they enjoy the ability to claim 100% of business expenses tax-free, often without receipts (all HM Revenue they′re given a P60 at the end of the year; they can draw holiday and sick pay; and they may not need to fill in a tax return. Most vital for you, though, is the following fact: As far as HMRC are concerned, the buck stops with us. Not with you. Nor with your contractors. Your reputation, in other words, is safe with us. Business Expenses Claim back business expenses such as travel, accommodation, food and much more with our unique HMRC approved expenses policy. Tarpon will maximise your income, keep you legal and streamline all your admin. Tax. IR35. Confused about the implications? Or just confused about what it is? Leave it all to us. We're specialists in both tax and IR35 and can give you impartial, straightforward advice on both. With Tarpon, you'll have your own personal business manager to keep you tax-efficient and to reclaim up to 100% of your business expenses, tax-free. (Your business manager will even call you at a convenient time to take down the details of those expenses, which means you won't need to do this online each week.) And to ensure you maximise your tax and national insurance savings we also offer a childcare voucher scheme and a personal pension through salary sacrifice. If the taxman comes knocking, it won′t be on your door. As far as HM Revenue & Customs are concerned, the buck stops with us, not with our contractors. So, unlike some umbrella companies, we don′t need to provide legal fees to cover possible investigations. We′ll keep you IR35-compliant, supply you with a P60 and employ an expenses policy approved by HMRC themselves. https://www.tarpon-uk.com/employee-benefits/tax-expertise/?WT.mc_id=ON_V_YouTubeTop20 Benefits that Tarpon members enjoy: Get £25.00 for every night that you stay on a friends sofa You dont need receipts to claim lunch expenses Get back your travel expenses, tax-free. Get £20m indemnity cover, free. Get paid on time, everytime. Dont pay more tax than you have to. Employment benefits company. Tarpon have revolutionized the industry by being the first company to introduce an exclusive employment benefits package for contractors, coupled with, an over-arching employment contract that will ensure you remain IR35 and MSC compliant at all times. We pride ourselves with our unrivalled quality service through personal business managers who will make sure that you don't have to worry about any administration, tax returns or expensive accountants. We'll also give you £20million worth of professional insurances for total peace of mind. Calculate your salary: https://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTubeTop20 Author: TarponLtd Keywords: Contractor Payroll IT Umbrella Contracting Tax Advice Contractors Company ir35 compliant tarpon tarpon-uk contractor hmrc compliance salary calculator Added: October 10, 2008
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Benefits of Contracting
from YouTube :: Videos by tarponltd September 24, 2008
NET 85% OF YOUR INCOME: http://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTubeTop20 0845 643 1580 Tarpon Contractors/ Freelancers/ Consultants Before we go any further, perhaps we should say something about our own reputation? We're an employment benefits company known for making contracting substantially more rewarding. We're renowned both for our tax expertise and for providing contractors with their own personal business managers. By signing up with us, contractors are given the status of employees. This comes with numerous benefits. Not the least of which is that they can′t be challenged under IR35 rules. They also receive a regular salary; they enjoy the ability to claim 100% of business expenses tax-free, often without receipts (all HM Revenue they′re given a P60 at the end of the year; they can draw holiday and sick pay; and they may not need to fill in a tax return. Most vital for you, though, is the following fact: As far as HMRC are concerned, the buck stops with us. Not with you. Nor with your contractors. Your reputation, in other words, is safe with us. Business Expenses Claim back business expenses such as travel, accommodation, food and much more with our unique HMRC approved expenses policy. Tarpon will maximise your income, keep you legal and streamline all your admin. Tax. IR35. Confused about the implications? Or just confused about what it is? Leave it all to us. We're specialists in both tax and IR35 and can give you impartial, straightforward advice on both. With Tarpon, you'll have your own personal business manager to keep you tax-efficient and to reclaim up to 100% of your business expenses, tax-free. (Your business manager will even call you at a convenient time to take down the details of those expenses, which means you won't need to do this online each week.) And to ensure you maximise your tax and national insurance savings we also offer a childcare voucher scheme and a personal pension through salary sacrifice. If the taxman comes knocking, it won′t be on your door. As far as HM Revenue & Customs are concerned, the buck stops with us, not with our contractors. So, unlike some umbrella companies, we don′t need to provide legal fees to cover possible investigations. We′ll keep you IR35-compliant, supply you with a P60 and employ an expenses policy approved by HMRC themselves. https://www.tarpon-uk.com/employee-benefits/tax-expertise/?WT.mc_id=ON_V_YouTubeTop20 Benefits that Tarpon members enjoy: Get £25.00 for every night that you stay on a friends sofa You dont need receipts to claim lunch expenses Get back your travel expenses, tax-free. Get £20m indemnity cover, free. Get paid on time, everytime. Dont pay more tax than you have to. Employment benefits company. Tarpon have revolutionized the industry by being the first company to introduce an exclusive employment benefits package for contractors, coupled with, an over-arching employment contract that will ensure you remain IR35 and MSC compliant at all times. We pride ourselves with our unrivalled quality service through personal business managers who will make sure that you don't have to worry about any administration, tax returns or expensive accountants. We'll also give you £20million worth of professional insurances for total peace of mind. Calculate your salary: https://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTubeTop20 Tags Benefits Of Contracting Tax Advice Contractors Umbrella Company IT Contractor Payroll ir35 compliant tarpon tarpon-uk contractor hmrc compliance salary calculator Author: TarponLtd Keywords: Benefits Of Contracting Tax Advice Contractors Umbrella Company IT Contractor Payroll ir35 compliant tarpon tarpon-uk contractor hmrc compliance salary calculator Added: September 24, 2008
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Tax advice for Contractors Umbrella Company Tax Advice
from YouTube :: Videos by tarponltd September 17, 2008
NET 85% OF YOUR INCOME: http://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTubeTop20 0845 643 1580 Tarpon Contractors/ Freelancers/ Consultants Tax advice for Contractors Umbrella Company Tax Advice Before we go any further, perhaps we should say something about our own reputation? We're an employment benefits company known for making contracting substantially more rewarding. We're renowned both for our tax expertise and for providing contractors with their own personal business managers. By signing up with us, contractors are given the status of employees. This comes with numerous benefits. Not the least of which is that they can′t be challenged under IR35 rules. They also receive a regular salary; they enjoy the ability to claim 100% of business expenses tax-free, often without receipts (all HM Revenue they′re given a P60 at the end of the year; they can draw holiday and sick pay; and they may not need to fill in a tax return. Most vital for you, though, is the following fact: As far as HMRC are concerned, the buck stops with us. Not with you. Nor with your contractors. Your reputation, in other words, is safe with us. Business Expenses Claim back business expenses such as travel, accommodation, food and much more with our unique HMRC approved expenses policy. Tarpon will maximise your income, keep you legal and streamline all your admin. Tax. IR35. Confused about the implications? Or just confused about what it is? Leave it all to us. We're specialists in both tax and IR35 and can give you impartial, straightforward advice on both. With Tarpon, you'll have your own personal business manager to keep you tax-efficient and to reclaim up to 100% of your business expenses, tax-free. (Your business manager will even call you at a convenient time to take down the details of those expenses, which means you won't need to do this online each week.) And to ensure you maximise your tax and national insurance savings we also offer a childcare voucher scheme and a personal pension through salary sacrifice. If the taxman comes knocking, it won′t be on your door. As far as HM Revenue & Customs are concerned, the buck stops with us, not with our contractors. So, unlike some umbrella companies, we don′t need to provide legal fees to cover possible investigations. We′ll keep you IR35-compliant, supply you with a P60 and employ an expenses policy approved by HMRC themselves. https://www.tarpon-uk.com/employee-benefits/tax-expertise/?WT.mc_id=ON_V_YouTubeTop20 Benefits that Tarpon members enjoy: Get £25.00 for every night that you stay on a friends sofa You dont need receipts to claim lunch expenses Get back your travel expenses, tax-free. Get £20m indemnity cover, free. Get paid on time, everytime. Dont pay more tax than you have to. Employment benefits company. Tarpon have revolutionized the industry by being the first company to introduce an exclusive employment benefits package for contractors, coupled with, an over-arching employment contract that will ensure you remain IR35 and MSC compliant at all times. We pride ourselves with our unrivalled quality service through personal business managers who will make sure that you don't have to worry about any administration, tax returns or expensive accountants. We'll also give you £20million worth of professional insurances for total peace of mind. Calculate your salary: https://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTubeTop20 Tags Tax Advice Contractors Umbrella Company IT Contractor Payroll ir35 compliant tarpon tarpon-uk contractor contracting hmrc compliance salary calculator Author: TarponLtd Keywords: Advice Tax Contractors Umbrella Company IT Contractor Payroll ir35 compliant tarpon tarpon-uk contractor contracting hmrc compliance salary calculator Added: September 17, 2008
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IT Contractor Payroll - Tax advice for Contractors
from YouTube :: Videos by tarponltd September 15, 2008
NET 85% OF YOUR INCOME: http://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTubeTop20 0845 643 1580 Tarpon Contractors/ Freelancers/ Consultants Before we go any further, perhaps we should say something about our own reputation? We're an employment benefits company known for making contracting substantially more rewarding. We're renowned both for our tax expertise and for providing contractors with their own personal business managers. By signing up with us, contractors are given the status of employees. This comes with numerous benefits. Not the least of which is that they can′t be challenged under IR35 rules. They also receive a regular salary; they enjoy the ability to claim 100% of business expenses tax-free, often without receipts (all HM Revenue they′re given a P60 at the end of the year; they can draw holiday and sick pay; and they may not need to fill in a tax return. Most vital for you, though, is the following fact: As far as HMRC are concerned, the buck stops with us. Not with you. Nor with your contractors. Your reputation, in other words, is safe with us. Business Expenses Claim back business expenses such as travel, accommodation, food and much more with our unique HMRC approved expenses policy. Tarpon will maximise your income, keep you legal and streamline all your admin. Tax. IR35. Confused about the implications? Or just confused about what it is? Leave it all to us. We're specialists in both tax and IR35 and can give you impartial, straightforward advice on both. With Tarpon, you'll have your own personal business manager to keep you tax-efficient and to reclaim up to 100% of your business expenses, tax-free. (Your business manager will even call you at a convenient time to take down the details of those expenses, which means you won't need to do this online each week.) And to ensure you maximise your tax and national insurance savings we also offer a childcare voucher scheme and a personal pension through salary sacrifice. If the taxman comes knocking, it won′t be on your door. As far as HM Revenue & Customs are concerned, the buck stops with us, not with our contractors. So, unlike some umbrella companies, we don′t need to provide legal fees to cover possible investigations. We′ll keep you IR35-compliant, supply you with a P60 and employ an expenses policy approved by HMRC themselves. https://www.tarpon-uk.com/employee-benefits/tax-expertise/?WT.mc_id=ON_V_YouTubeTop20 Benefits that Tarpon members enjoy: Get £25.00 for every night that you stay on a friends sofa You dont need receipts to claim lunch expenses Get back your travel expenses, tax-free. Get £20m indemnity cover, free. Get paid on time, everytime. Dont pay more tax than you have to. Employment benefits company. Tarpon have revolutionized the industry by being the first company to introduce an exclusive employment benefits package for contractors, coupled with, an over-arching employment contract that will ensure you remain IR35 and MSC compliant at all times. We pride ourselves with our unrivalled quality service through personal business managers who will make sure that you don't have to worry about any administration, tax returns or expensive accountants. We'll also give you £20million worth of professional insurances for total peace of mind. Calculate your salary: https://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTubeTop20 Tags IT Contractor Payroll Tax Advice Contractors Umbrella company ir35 compliant tarpon tarpon-uk contractor contracting hmrc compliance salary calculator Author: TarponLtd Keywords: IT Contractor Payroll Tax Advice Contractors Umbrella company ir35 compliant tarpon tarpon-uk contractor contracting hmrc compliance salary calculator Added: September 15, 2008
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Umbrella Company -- IR35 Compliant Umbrella Company Tarpon
from YouTube :: Videos by tarponltd September 09, 2008
NET 85% OF YOUR INCOME: http://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTubeTop20 0845 643 1580 Tarpon -- Contractors/ Freelancers/ Consultants Before we go any further, perhaps we should say something about our own reputation? We're an employment benefits company known for making contracting substantially more rewarding. We're renowned both for our tax expertise and for providing contractors with their own personal business managers. By signing up with us, contractors are given the status of employees. This comes with numerous benefits. Not the least of which is that they can′t be challenged under IR35 rules. They also receive a regular salary; they enjoy the ability to claim 100% of business expenses tax-free, often without receipts (all HM Revenue they′re given a P60 at the end of the year; they can draw holiday and sick pay; and they may not need to fill in a tax return. Most vital for you, though, is the following fact: As far as HMRC are concerned, the buck stops with us. Not with you. Nor with your contractors. Your reputation, in other words, is safe with us. Business Expenses Claim back business expenses such as travel, accommodation, food and much more with our unique HMRC approved expenses policy. Tarpon will maximise your income, keep you legal and streamline all your admin. Tax. IR35. Confused about the implications? Or just confused about what it is? Leave it all to us. We're specialists in both tax and IR35 and can give you impartial, straightforward advice on both. With Tarpon, you'll have your own personal business manager to keep you tax-efficient and to reclaim up to 100% of your business expenses, tax-free. (Your business manager will even call you at a convenient time to take down the details of those expenses, which means you won't need to do this online each week.) And to ensure you maximise your tax and national insurance savings we also offer a childcare voucher scheme and a personal pension through salary sacrifice. If the taxman comes knocking, it won′t be on your door. As far as HM Revenue & Customs are concerned, the buck stops with us, not with our contractors. So, unlike some umbrella companies, we don′t need to provide legal fees to cover possible investigations. We′ll keep you IR35-compliant, supply you with a P60 and employ an expenses policy approved by HMRC themselves. https://www.tarpon-uk.com/employee-benefits/tax-expertise/?WT.mc_id=ON_V_YouTubeTop20 Benefits that Tarpon members enjoy: Get £25.00 for every night that you stay on a friend's sofa You don't need receipts to claim lunch expenses Get back your travel expenses, tax-free. Get £20m indemnity cover, free. Get paid on time, everytime. Don't pay more tax than you have to. Employment benefits company. Tarpon have revolutionized the industry by being the first company to introduce an exclusive employment benefits package for contractors, coupled with, an over-arching employment contract that will ensure you remain IR35 and MSC compliant at all times. We pride ourselves with our unrivalled quality service through personal business managers who will make sure that you don't have to worry about any administration, tax returns or expensive accountants. We'll also give you £20million worth of professional insurances for total peace of mind. Calculate your salary: https://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTubeTop20 1based on personal circumstances Tags Umbrella company ir35 compliant tarpon tarpon-uk contractor payroll it contracting hmrc compliance tax advice salary calculator Author: TarponLtd Keywords: Umbrella company ir35 compliant tarpon tarpon-uk contractor payroll it contracting hmrc compliance tax advice salary calculator Added: September 9, 2008
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Crystal Clear Umbrella Solution brought to you by Tarpon!
from YouTube :: Videos by tarponltd September 02, 2008
NET 85% OF YOUR INCOME: http://www.tarpon-uk.com/contractor-salary-calculator/WT.mc_id=ON_V_YouTube 0845 643 1580 Tarpon -- the most transparent payroll solution in the UK Before we go any further, perhaps we should say something about our own reputation? We're an employment benefits company known for making contracting substantially more rewarding. We're renowned both for our tax expertise and for providing contractors with their own personal business managers. By signing up with us, contractors are given the status of employees. This comes with numerous benefits. Not the least of which is that they can′t be challenged under IR35 rules. They also receive a regular salary; they enjoy the ability to claim 100% of business expenses tax-free, often without receipts (all HM Revenue they′re given a P60 at the end of the year; they can draw holiday and sick pay; and they may not need to fill in a tax return. Most vital for you, though, is the following fact: As far as HMRC are concerned, the buck stops with us. Not with you. Nor with your contractors. Your reputation, in other words, is safe with us. Business Expenses Claim back business expenses such as travel, accommodation, food and much more with our unique HMRC approved expenses policy. Tarpon will maximise your income, keep you legal and streamline all your admin. Tax. IR35. Confused about the implications? Or just confused about what it is? Leave it all to us. We're specialists in both tax and IR35 and can give you impartial, straightforward advice on both. With Tarpon, you'll have your own personal business manager to keep you tax-efficient and to reclaim up to 100% of your business expenses, tax-free. (Your business manager will even call you at a convenient time to take down the details of those expenses, which means you won't need to do this online each week.) And to ensure you maximise your tax and national insurance savings we also offer a childcare voucher scheme and a personal pension through salary sacrifice. If the taxman comes knocking, it won′t be on your door. As far as HM Revenue & Customs are concerned, the buck stops with us, not with our contractors. So, unlike some umbrella companies, we don′t need to provide legal fees to cover possible investigations. We′ll keep you IR35-compliant, supply you with a P60 and employ an expenses policy approved by HMRC themselves. https://www.tarpon-uk.com/employee-benefits/tax-expertise/?WT.mc_id=ON_V_YouTube Benefits that Tarpon members enjoy: Get £25.00 for every night that you stay on a friend's sofa You don't need receipts to claim lunch expenses Get back your travel expenses, tax-free. Get £20m indemnity cover, free. Get paid on time, everytime. Don't pay more tax than you have to. Employment benefits company. Tarpon have revolutionized the industry by being the first company to introduce an exclusive employment benefits package for contractors, coupled with, an over-arching employment contract that will ensure you remain IR35 and MSC compliant at all times. We pride ourselves with our unrivalled quality service through personal business managers who will make sure that you don't have to worry about any administration, tax returns or expensive accountants. We'll also give you £20million worth of professional insurances for total peace of mind. Calculate your salary: https://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTube Tags Crystal Clear Umbrella Solution brought to you by Tarpon company tarpon-uk contractor contracting hmrc IR35 compliance Author: TarponLtd Keywords: Crystal clear umbrella solution brought to you by tarpon tarpon-uk contractor contracting hmrc IR35 compliance Added: September 2, 2008
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Parasol? Use a real Umbrella Company - Tarpon
from YouTube :: Videos by tarponltd August 29, 2008
http://www.tarpon-uk.com/?WT.mc_id=ON_V_YouTube 0845 643 1580 Tarpon -- The real Umbrella Company Before we go any further, perhaps we should say something about our own reputation? We're an employment benefits company known for making contracting substantially more rewarding. We're renowned both for our tax expertise and for providing contractors with their own personal business managers. By signing up with us, contractors are given the status of employees. This comes with numerous benefits. Not the least of which is that they can′t be challenged under IR35 rules. They also receive a regular salary; they enjoy the ability to claim 100% of business expenses tax-free, often without receipts (all HM Revenue they′re given a P60 at the end of the year; they can draw holiday and sick pay; and they may not need to fill in a tax return. Most vital for you, though, is the following fact: As far as HMRC are concerned, the buck stops with us. Not with you. Nor with your contractors. Your reputation, in other words, is safe with us. Business Expenses Claim back business expenses such as travel, accommodation, food and much more with our unique HMRC approved expenses policy. Tarpon will maximise your income, keep you legal and streamline all your admin. Tax. IR35. Confused about the implications? Or just confused about what it is? Leave it all to us. We're specialists in both tax and IR35 and can give you impartial, straightforward advice on both. With Tarpon, you'll have your own personal business manager to keep you tax-efficient and to reclaim up to 100% of your business expenses, tax-free. (Your business manager will even call you at a convenient time to take down the details of those expenses, which means you won't need to do this online each week.) And to ensure you maximise your tax and national insurance savings we also offer a childcare voucher scheme and a personal pension through salary sacrifice. If the taxman comes knocking, it won′t be on your door. As far as HM Revenue & Customs are concerned, the buck stops with us, not with our contractors. So, unlike some umbrella companies, we don′t need to provide legal fees to cover possible investigations. We′ll keep you IR35-compliant, supply you with a P60 and employ an expenses policy approved by HMRC themselves. https://www.tarpon-uk.com/employee-benefits/tax-expertise/?WT.mc_id=ON_V_YouTube Benefits that Tarpon members enjoy: Get £25.00 for every night that you stay on a friend's sofa You don't need receipts to claim lunch expenses Get back your travel expenses, tax-free. Get £20m indemnity cover, free. Get paid on time, everytime. Don't pay more tax than you have to. Employment benefits company. Tarpon have revolutionized the industry by being the first company to introduce an exclusive employment benefits package for contractors, coupled with, an over-arching employment contract that will ensure you remain IR35 and MSC compliant at all times. We pride ourselves with our unrivalled quality service through personal business managers who will make sure that you don't have to worry about any administration, tax returns or expensive accountants. We'll also give you £20million worth of professional insurances for total peace of mind. Calculate your salary: https://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTube Tags parasol use a real umbrella company tarpon tarpon-uk contractor contracting hmrc IR35 compliance Author: TarponLtd Keywords: company compliance contracting contractor hmrc IR35 parasol real tarpon tarpon-uk umbrella use Added: August 29, 2008
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Giant Umbrella Company - Tarpon
from YouTube :: Videos by tarponltd August 28, 2008
http://www.tarpon-uk.com/?WT.mc_id=ON_V_YouTube 0845 643 1580 Tarpon, the UK's biggest umbrella company! Before we go any further, perhaps we should say something about our own reputation? We're an employment benefits company known for making contracting substantially more rewarding. We're renowned both for our tax expertise and for providing contractors with their own personal business managers. By signing up with us, contractors are given the status of employees. This comes with numerous benefits. Not the least of which is that they can′t be challenged under IR35 rules. They also receive a regular salary; they enjoy the ability to claim 100% of business expenses tax-free, often without receipts (all HM Revenue they′re given a P60 at the end of the year; they can draw holiday and sick pay; and they may not need to fill in a tax return. Most vital for you, though, is the following fact: As far as HMRC are concerned, the buck stops with us. Not with you. Nor with your contractors. Your reputation, in other words, is safe with us. Business Expenses Claim back business expenses such as travel, accommodation, food and much more with our unique HMRC approved expenses policy. Tarpon will maximise your income, keep you legal and streamline all your admin. Tax. IR35. Confused about the implications? Or just confused about what it is? Leave it all to us. We're specialists in both tax and IR35 and can give you impartial, straightforward advice on both. With Tarpon, you'll have your own personal business manager to keep you tax-efficient and to reclaim up to 100% of your business expenses, tax-free. (Your business manager will even call you at a convenient time to take down the details of those expenses, which means you won't need to do this online each week.) And to ensure you maximise your tax and national insurance savings we also offer a childcare voucher scheme and a personal pension through salary sacrifice. If the taxman comes knocking, it won′t be on your door. As far as HM Revenue & Customs are concerned, the buck stops with us, not with our contractors. So, unlike some umbrella companies, we don′t need to provide legal fees to cover possible investigations. We′ll keep you IR35-compliant, supply you with a P60 and employ an expenses policy approved by HMRC themselves. https://www.tarpon-uk.com/employee-benefits/tax-expertise/?WT.mc_id=ON_V_YouTube Benefits that Tarpon members enjoy: Get £25.00 for every night that you stay on a friend's sofa You don't need receipts to claim lunch expenses Get back your travel expenses, tax-free. Get £20m indemnity cover, free. Get paid on time, everytime. Don't pay more tax than you have to. Employment benefits company. Tarpon have revolutionized the industry by being the first company to introduce an exclusive employment benefits package for contractors, coupled with, an over-arching employment contract that will ensure you remain IR35 and MSC compliant at all times. We pride ourselves with our unrivalled quality service through personal business managers who will make sure that you don't have to worry about any administration, tax returns or expensive accountants. We'll also give you £20million worth of professional insurances for total peace of mind. Calculate your salary: https://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTube Tags Giant umbrella company tarpon IR35 income umbrella company tarpon-uk contractor contracting hmrc compliance Author: TarponLtd Keywords: Giant Umbrella Company Tarpon tarpon-uk contractor contracting hmrc compliance IR35 legislation Added: August 28, 2008
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IR35 Calculator -- Net 85% of your income
from YouTube :: Videos by tarponltd August 27, 2008
https://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTube 0845 643 1580 IR35 Calculator -- Net 85% of your income Business Expenses Claim back business expenses such as travel, accommodation, food and much more with our unique HMRC approved expenses policy. Tarpon will maximise your income, keep you legal and streamline all your admin. Tax. IR35. Confused about the implications?
Or just confused about what it is? Leave it all to us. We're specialists in both tax and IR35 and can give you impartial, straightforward advice on both. With Tarpon, you'll have your own personal business manager to keep you tax-efficient and to reclaim up to 100% of your business expenses, tax-free. (Your business manager will even call you at a convenient time to take down the details of those expenses, which means you won't need to do this online each week.) And to ensure you maximise your tax and national insurance savings we also offer a childcare voucher scheme and a personal pension through salary sacrifice. If the taxman comes knocking, it won′t be on your door. As far as HM Revenue & Customs are concerned, the buck stops with us, not with our contractors. So, unlike some umbrella companies, we don′t need to provide legal fees to cover possible investigations. We′ll keep you IR35-compliant, supply you with a P60 and employ an expenses policy approved by HMRC themselves. https://www.tarpon-uk.com/employee-benefits/tax-expertise/?WT.mc_id=ON_V_YouTube Benefits that Tarpon members enjoy: Get £25.00 for every night that you stay on a friend's sofa You don't need receipts to claim lunch expenses Get back your travel expenses, tax-free. Get £20m indemnity cover, free. Get paid on time, everytime. Don't pay more tax than you have to. Employment benefits company. Tarpon have revolutionized the industry by being the first company to introduce an exclusive employment benefits package for contractors, coupled with, an over-arching employment contract that will ensure you remain IR35 and MSC compliant at all times. We pride ourselves with our unrivalled quality service through personal business managers who will make sure that you don't have to worry about any administration, tax returns or expensive accountants. We'll also give you £20million worth of professional insurances for total peace of mind. Calculate your salary: https://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTube Tags IR35 calculator net 85% of your income umbrella company tarpon-uk contractor contracting hmrc compliance Author: TarponLtd Keywords: ir35 calculator net 85% of your income tarpon umbrella company tarpon-uk contractor contracting hmrc compliance Added: August 27, 2008
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Contractor Calculator -- Net 85% of your income
from YouTube :: Videos by tarponltd August 21, 2008
http://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTube 0845 643 1580 Contractor Calculator -- Net 85% of your income Business Expenses Claim back business expenses such as travel, accommodation, food and much more with our unique HMRC approved expenses policy. Tarpon will maximise your income, keep you legal and streamline all your admin. Tax. IR35. Confused about the implications?
Or just confused about what it is? Leave it all to us. We're specialists in both tax and IR35 and can give you impartial, straightforward advice on both. With Tarpon, you'll have your own personal business manager to keep you tax-efficient and to reclaim up to 100% of your business expenses, tax-free. (Your business manager will even call you at a convenient time to take down the details of those expenses, which means you won't need to do this online each week.) And to ensure you maximise your tax and national insurance savings we also offer a childcare voucher scheme and a personal pension through salary sacrifice. If the taxman comes knocking, it won′t be on your door. As far as HM Revenue & Customs are concerned, the buck stops with us, not with our contractors. So, unlike some umbrella companies, we don′t need to provide legal fees to cover possible investigations. We′ll keep you IR35-compliant, supply you with a P60 and employ an expenses policy approved by HMRC themselves. http://www.tarpon-uk.com/employee-benefits/tax-expertise/?WT.mc_id=ON_V_YouTube Benefits that Tarpon members enjoy: Get £25.00 for every night that you stay on a friend's sofa You don't need receipts to claim lunch expenses Get back your travel expenses, tax-free. Get £20m indemnity cover, free. Get paid on time, everytime. Don't pay more tax than you have to. Employment benefits company. Tarpon have revolutionized the industry by being the first company to introduce an exclusive employment benefits package for contractors, coupled with, an over-arching employment contract that will ensure you remain IR35 and MSC compliant at all times. We pride ourselves with our unrivalled quality service through personal business managers who will make sure that you don't have to worry about any administration, tax returns or expensive accountants. We'll also give you £20million worth of professional insurances for total peace of mind. Calculate your salary: http://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTube Tags Contractor calculator net 85% of your income tarpon umbrella company tarpon-uk contractor contracting hmrc ir35 compliance Author: TarponLtd Keywords: Contractor calculator net 85% of your income tarpon umbrella company tarpon-uk contractor contracting hmrc ir35 Added: August 21, 2008
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Composite company -- not worth the risk!
from YouTube :: Videos by tarponltd August 20, 2008
http://www.tarpon-uk.com/?WT.mc_id=ON_V_YouTube 0845 643 1580 Composite Companies -- you will be in the taxman's spotlight Work through a composite company is generally regarded as a tax avoidance process. And the Finance Act 2004 means any tax avoidance schemes have, by law, to be reported to HM Revenue and Customs. Added to this, in the March 2006 budget Chancellor Gordon Brown specifically stated that composite companies will be investigated in order to establish their true function -- are they genuine limited companies or just setups to avoid tax. So, by contracting through a composite company you are now highlighting to the taxman that you are avoiding tax and are likely to fall under IR35 legislation. And, with the recent addition of a second HM Revenue and Customs′ specialist office investigating composite companies and their members, chances are extremely high that you will be investigated. The way a composite company works is that you and lots of other contractors own the equity in the composite company, with varying classes of shares. The company bills your clients and receives your fees on your behalf. Then you get paid a nominal salary, along with all the other contractors, and pay minimal tax and National Insurance Contributions (NICs). The bulk of your earnings, and those of your fellow shareholding contractors, is paid out as dividends depending on the class of shares you own, with much lower tax liability and no NICs. Clearly, this is something the taxman is not going to be happy about. Some of the benefits of working through a composite company include: Tax efficiency (where this can be proved to be legal) Shared costs of administering the composite Admin support, eg issuing and chasing invoices Tax allowances for business expenses. Unfortunately, with IR35 and related legislation, working through a composite company has some major downsides: To HM Revenue and Customs tax efficiency through a composite = tax avoidance You will almost certainly fall under IR35 and have reduced earnings because of IR591 If a tax case is won against one of your colleagues in the composite company, you all are liable for the back tax plus any penalties You personally will fall under the spotlight of HM Revenue and Customs Following the Finance Act 2004, your chances of a full-blown HMRC investigation are very high. So, perhaps working through a composite company is not so advantageous after all. To speak to one of our tax experts call 0845 643 1580 Information taken from: http://www.tarpon-uk.com/information/composite-companies/?WT.mc_id=ON_V_YouTube Employment benefits company. Tarpon have revolutionized the industry by being the first company to introduce an exclusive employment benefits package for contractors, coupled with, an over-arching employment contract that will ensure you remain IR35 and MSC compliant at all times. We pride ourselves with our unrivalled quality service through personal business managers who will make sure that you don't have to worry about any administration, tax returns or expensive accountants. We'll also give you £20million worth of professional insurances for total peace of mind. Calculate your salary: https://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTube Tags Composite company worth the risk tarpon umbrella company tarpon-uk contractor contracting hmrc ir35 compliance Author: TarponLtd Keywords: Composite company worth the risk tarpon umbrella tarpon-uk contractor contracting hmrc ir35 compliance Added: August 20, 2008
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Psychometric Testing - Find your ideal work environment
from YouTube :: Videos by tarponltd July 25, 2008
http://www.tarpon-uk.com/testing/ 0845 643 1580 I'm looking for a contract role and my recruitment agency has asked me to complete a psychometric test. Why have I been asked to complete one? It is nothing to worry about - Over 95% of the FTSE 100 companies use psychometric testing to select their staff. When you do a job that you love, it hardly feels like you're working. You owe it to yourself to discover your ideal contract. A personality report describes your perfect work environment. And what is psychometric testing exactly? There are two main types of tests used by employers; aptitude tests and personality questionnaires. Personality questionnaires are used to determine how people are likely to behave under various conditions. There are no right or wrong answers, and they're usually completed in your own time. Aptitude tests examine abilities such as numerical, verbal or abstract reasoning. Often presented in a multiple-choice format, the questions have definite right and wrong answers. Try this free psychometric test - you will be amazed with the accuracy of the results. The link can be found in the description to the right. References: Wikipedia http://en.wikipedia.org/wiki/Psychological_testing Author: TarponLtd Keywords: psychometric testing free tarpon umbrella company tarpon-uk contractor contracting hmrc ir35 compliance Added: July 25, 2008
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What is IR35? Media presentation brought to you by Tarpon Ltd
from YouTube :: Videos by tarponltd July 18, 2008
http://www.tarpon-uk.com/?WT.mc_id=ON_V_YouTube 0845 643 1580 What is IR35? IR 35 comes from the 6th April 2000 Intermediaries legislation. It was first proposed in the 1999 Budget press release numbered IR35. Hence now commonly referred to as 'IR35'. The aim of the legislation is to eliminate the avoidance of tax and National Insurance Contributions (NICs) through the use of intermediaries. Prior to the legislation, a worker could take the money out of the intermediary in the form of dividends instead of salary. The legislation ensures that, if the relationship between the worker and the client would have been one of employment had it not been for an intermediary, the worker pays tax and NICs on a fair basis. Who does it affect? The legislation itself is not targeted at any particular occupation or business sector. It applies in any business sector. The rules will apply to you if you answer 'yes' to both the following questions. Would you be an employee if you worked for your client directly and not through your company or partnership? Does the company or partnership you work through meet certain conditions regarding ownership of the company? What are the consequences of ignoring IR35? HMRC monitors compliance with the legislation to ensure that taxpayers do meet their obligations to pay the correct tax and NICs. Where HMRC find that the incorrect classification has been applied, they have a duty to ensure things are put right for the past and, where appropriate, for the future. Interest and penalties may be charged on any additional tax/NICs due to a result of any review or enquiry. Those that can be held liable are: The worker The Intermediary The Composite/MSC And sometimes even the Agency HMRC have additional powers to claim lost Tax and NI revenue off ANY party who materially benefit from the placement of workers under the "transfer of debt" legislation. How can you work safe? You will need to ensure you do not use a Managed Service Company and in no way take dividends. Investigate and opt for a HMRC fully approved, tax efficient solution When choosing your solution make sure the following applies: You are fully employed. You do not receive pay in "dividends" The company operates a normal PAYE scheme You pay employed (Class 1) NICs The company continue to operate in an HMRC-compliant manner. For a qualified solution, contractors will receive all the usual employment rights and protection given to individuals working for an employer. The service should offer both security and compliancy to all - workers, clients and agencies alike. The company you choose should ensure each and every contractor pays the correct level of Tax and NICs. References; HMRC Website www.hmrc.gov.uk/ir35/ Wikipedia http://en.wikipedia.org/wiki/IR35 CW Jobs http://www.cwjobs.co.uk/Contents/ContentRB/IR35Legislation.html More from Tarpon http://www.tarpon-uk.com/information/ir35/?WT.mc_id=ON_V_YouTube Author: TarponLtd Keywords: what is ir35 umbrella company tarpon tax hmrc tarpon-uk expenses contractors dispensation contractor contracting employee benefits Added: July 18, 2008
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What is IR35? How to work within HMRC guidelines
from YouTube :: Videos by tarponltd July 16, 2008
http://www.tarpon-uk.com/?WT.mc_id=ON_V_YouTube 0845 643 1580 What is IR35? IR 35 comes from the 6th April 2000 Intermediaries legislation. It was first proposed in the 1999 Budget press release numbered IR35. Hence now commonly referred to as 'IR35'. The aim of the legislation is to eliminate the avoidance of tax and National Insurance Contributions (NICs) through the use of intermediaries. Prior to the legislation, a worker could take the money out of the intermediary in the form of dividends instead of salary. The legislation ensures that, if the relationship between the worker and the client would have been one of employment had it not been for an intermediary, the worker pays tax and NICs on a fair basis. Who does it affect? The legislation itself is not targeted at any particular occupation or business sector. It applies in any business sector. The rules will apply to you if you answer 'yes' to both the following questions. Would you be an employee if you worked for your client directly and not through your company or partnership? Does the company or partnership you work through meet certain conditions regarding ownership of the company? What are the consequences of ignoring IR35? HMRC monitors compliance with the legislation to ensure that taxpayers do meet their obligations to pay the correct tax and NICs. Where HMRC find that the incorrect classification has been applied, they have a duty to ensure things are put right for the past and, where appropriate, for the future. Interest and penalties may be charged on any additional tax/NICs due to a result of any review or enquiry. Those that can be held liable are: The worker The Intermediary The Composite/MSC And sometimes even the Agency HMRC have additional powers to claim lost Tax and NI revenue off ANY party who materially benefit from the placement of workers under the "transfer of debt" legislation. How can you work safe? You will need to ensure you do not use a Managed Service Company and in no way take dividends. Investigate and opt for a HMRC fully approved, tax efficient solution When choosing your solution make sure the following applies: You are fully employed. You do not receive pay in "dividends" The company operates a normal PAYE scheme You pay employed (Class 1) NICs The company continue to operate in an HMRC-compliant manner. For a qualified solution, contractors will receive all the usual employment rights and protection given to individuals working for an employer. The service should offer both security and compliancy to all - workers, clients and agencies alike. The company you choose should ensure each and every contractor pays the correct level of Tax and NICs. References; HMRC Website www.hmrc.gov.uk/ir35/ Wikipedia http://en.wikipedia.org/wiki/IR35 CW Jobs http://www.cwjobs.co.uk/Contents/ContentRB/IR35Legislation.html More from Tarpon http://www.tarpon-uk.com/information/ir35/?WT.mc_id=ON_V_YouTube Author: TarponLtd Keywords: what is ir35 umbrella company tarpon tax hmrc tarpon-uk expenses contractors dispensation contractor contracting employee benefits Added: July 16, 2008
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What are employee benefits? Who should be entitled to them?
from YouTube :: Videos by tarponltd July 07, 2008
http://www.tarpon-uk.com/?WT.mc_id=ON_V_YouTube 0845 643 1580 I am contracting through an Umbrella Company -- should I be entitled to employee benefits? Your Umbrella Company should provide you with an over arching employment contract, which will mean you are treated as a permanent employee. Any good employer will make sure it's employees are well looked after and able to benefit from better perks and savings. There are many ways an Umbrella Company can benefit its employees, from salary sacrifice schemes to corporate affiliations giving its employees discounts on products and services. What is a salary sacrifice? A salary sacrifice is when an employee agrees to give up part of their pay under their contract of employment. Usually, the sacrifice is made in return for some form of non-cash benefit. A salary sacrifice can come in many forms, such as: Childcare vouchers: Pensions: Give As You Earn -- charity donations Bicycles Mobile Phones Eye Tests Grass Roots http://www.grassroots.uk.com/Services/Employee_Benefits Employee benefits.co.uk http://www.employeebenefits.co.uk/ HMRC http://www.hmrc.gov.uk/employers/ebik/index.htm More information from Tarpon http://www.tarpon-uk.com/employee-benefits/tax-expertise/?WT.mc_id=ON_V_YouTube Author: TarponLtd Keywords: Umbrella company tarpon tax hmrc tarpon-uk expenses contractors uk ir35 dispensation contractor contracting Added: July 7, 2008
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Umbrella company contractors don't worry about inflation!
from YouTube :: Videos by tarponltd June 20, 2008
http://www.tarpon-uk.com/?WT.mc_id=ON_V_YouTube 0845 643 1580 Click below to see how much more you could be earning as a Tarpon employee! http://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTube Mervyn King, the Bank of England Governor, has announced that real take home pay would stagnate during a period when the cost of living continually rises. Well this is not the case for contractors working through Tarpon -- Tarpon have launched a revolutionary employee benefits package for contractors, which have allowed contractors to reduce living costs and maximise their take home pay. The exclusive benefits package allows contractors to combat rising living costs by offering discounts with items such as food shopping and with fuel. Contractors also make considerable tax savings through offsetting business expenses and salary sacrifice schemes such as childcare vouchers and pension contributions. As the UK approaches it's most challenging economic period for 2 decades, you need to make sure that you allow Tarpon to maximise your earnings. You need to join Tarpon now! References; Bank's King says economy has to slow to cool inflation http://uk.reuters.com/article/UKNews1/idUKL1870891920080619 About Mervyn King http://www.bankofengland.co.uk/about/people/biographies/king.htm How Tarpon can help you beat inflation http://www.tarpon-uk.com/employee-benefits/tax-expertise/?WT.mc_id=ON_V_YouTube tax code hmrc tarpon tarpon-uk travel expenses contractors uk ir35 dispensation contractor dispensation contracting IT mervyn king Author: TarponLtd Keywords: Umbrella company tarpon tax hmrc tarpon-uk expenses contractors uk ir35 dispensation contractor contracting mervyn king Added: June 20, 2008
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What is a Dispensation? Business expenses for Contractors
from YouTube :: Videos by tarponltd June 12, 2008
http://www.tarpon-uk.com/?WT.mc_id=ON_V_YouTube 0845 643 1580 Click below to see how much more you could be earning as a Tarpon employee! http://www.tarpon-uk.com/contractor-salary-calculator/?WT.mc_id=ON_V_YouTube I am thinking of contracting and have been told that I can maximise my earnings through an Umbrella Company if they have an expenses dispensation from the tax man. What is an expenses dispensation? Ok, before you fall asleep, let me tell you in laymen terms what it is. It allows 'employees' to claim for business related expenses without the need to submit necessary receipts. An Umbrella Company can only get one if it is approved by the taxman. It allows employee's to offset their tax and NI with genuine business related expenses. The benefits of working through an Umbrella Company with an approved dispensation are that: -- the employer does not report the expenses on form P11D. -- the employee does not have to include them on his income tax returns. -- the expenses have no bearing on the PAYE tax code of the employee. So how do Umbrella Companies obtain a dispensation? The Umbrella Company will need to pass several tests set by the Revenue. They will assess the kind of expenses to be claimed and know exactly who is authorised to approve reimbursement. and may be withdrawn if the qualifying conditions are no longer satisfied. If you don't want the Revenue to come knocking on your door -- make sure you have written proof from your Umbrella Company. Thank you -- I'll definitely make sure my future Umbrella Company has a written expenses dispensation before I start using them. References; Tarpon website http://www.tarpon-uk.com/inland-revenue-dispensation/info/?WT.mc_id=ON_V_YouTube Wikipedia http://en.wikipedia.org/wiki/Umbrella_company HMRC website http://www.hmrc.gov.uk/paye/exb-intro-dispensation.htm TAGS tax code hmrc tarpon tarpon-uk travel expenses contractors uk ir35 dispensation contractor dispensation contracting IT contract job Author: TarponLtd Keywords: tax code hmrc tarpon tarpon-uk travel expenses uk ir35 dispensation contractor contracting it contract job Added: June 12, 2008
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Contractor Insurance cover, complete cover offered by Tarpon
from YouTube :: Videos by tarponltd May 30, 2008
http://www.tarpon-uk.com/?WT.mc_id=ON_V_YouTube 0845 643 1580 Contractor Insurance cover, complete cover offered by Tarpon Attitudes to insurance vary. Some believe it to be a 'necessary evil' whilst others believe insurance provides their business protection. An insurance policy is a legal contract promising to provide compensation for an event that may not happen. Adequate insurance provides peace of mind, and reassurance for the client and contractor The most common types of business insurance taken out by contractors are: • Employers Liability • Public Liability • Professional Indemnity Most employers are required by law to hold Employers Liability Insurance to insure against liability for injury or disease to their employees arising out of their employment. Employers Liability Insurance covers your business if an employee is injured or falls ill at work and will meet the cost of compensation for any injuries or illnesses sustained to your employees, whether caused on or off site. By law an employer must be insured for at least £5 million, however most insurers automatically provide cover of a minimum of £10 million. You must display a copy of the certificate of employers' liability insurance where employees can easily read it and keep copies for at least 40 years or risk a fine. These certificates may also need to be made available to health and safety inspectors on request. Public liability insurance covers claims made against your business, if its owners, directors or employees are shown to be responsible for personal injuries to a third party or damage to property. Public liability insurance is a core cover of many types of insurance; in fact you are usually unable to buy employers liability cover without it. Public liability covers the Business to a specified limit of indemnity, usually £1m, £2m or £5m and occasionally £10m Public liability insurance would cover accidental damage, for example if you were at a client's site and you accidentally knocked over a cup of coffee damaging a computer beyond repair. Public liability insurance would cover any claim from the client. Professional Indemnity Insurance protects your business against legal costs or compensation sought by a client if you have made mistakes or are found to have been negligent in any services provided. One important point to bear in mind when considering professional indemnity insurance is that you need to be covered both at the time of the event and when the claim is made. This is because there is often a long delay between an event and a subsequent claim. So, in summary, whether you are setting up your own limited company or using the services of an umbrella company always ensure that you have adequate cover for the nature of your business tax code | | |