* Posts by weaverslodge

1 post • joined 14 Feb 2020

UK contractors planning 'mass exodus' ahead of IR35 tax clampdown – survey

weaverslodge

Re: Anonymous Contractor

To be fair, for me money was a significant incentive. Although when I went contracting in 1995 companies didn't have a clue about iT professionals so there we no real method of progression without moving away from the technical side of things and becoming management. In my late 20's I wasn't management material and I certainly didn't want that kind of role as it was dead boring.

When I went contracting I didn't want to setup a LTD company, it's a pain in the butt, the only benefit was the ability for me to employ my wife when the kids were very young and charge certain expenses through the business. I knew bugger all about tax so I got an accountant and they told me what I could claim and what I couldn't.

None of this is tax avoidance, it's running a business.

I've dealt with very little prejudice in relation to me as a contractor over the past 25 years but there have been the occasional snipe. Generally they come from people who - in my experience - are not very good at their jobs and are fearful of being made to look inadequate.

The ones that are good generally don't have an issue with it, they are just after a bit more stability.

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