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  • If you are a contractor right now on Dhe, you concerned about the new AI R 35 rules, then truly, you need to be because it has a couple off problems within it that you should be aware from.

  • The biggest one, which I want to talk about today, very briefly is the continued continuation off your current contract in your current contract.

  • If you believe you are outside our 35 on DDE under the current legislation, the personal service company, the contract in company, your limited company where you are the only person in it doing the work makes a decision whether you're in or out.

  • And quite often we've had clients who make the decision there outside our 35 and hence don't have to peril Oh, their income.

  • Now, if you are under that position, just say you've bean with a contract for three months, nine months, 12 months.

  • It doesn't matter if it's longer than a month.

  • Two months I give you.

  • Instead.

  • You've been outside our 30 thighs and your new company, your new contract for Maple.

  • The first wait for the sixth.

  • I suggest that you suggest that you should be inside I 35 Because now, if you're working for a medium or large company, you are no longer the judge of whether you are in or out.

  • Then what happens is you have a problem because now the same contract, the same working environment, the same job, if you like.

  • The same work that you're doing is considered in when you had considered it out.

  • Now, if you follow my thinking on this, the Inland Revenue has the great opportunity, easy opportunity being as aggressive as they reflect, more tax to go back and say, Well, if it is in now than it was in there.

  • And so we want to come to you for the tip of the extra tax and national insurance, and that can be a lot of money.

  • So my tail for this short video is to be aware that you have on opportunity to get to get yourself in trouble just by continuing the contract.

  • If you're the people above you that the agency, the higher the inclined to like they're medium or large company has to make that judgment.

  • They're the ones who are going to get into trouble.

  • If you keep the same contract.

  • And, you know, just just in the next video, we'll talk a little bit about now.

  • Whether they adjust the rate, what happens then again.

  • But the first problem is they give you evidence that your contract is now in.

  • When you thought he was out here and really could go back and say, Well, if you're in now you're in.

  • Then let's collect the tax place and the penalties and the interest.

  • So there there is.

  • While they're at it, why don't they look at all the other contracts anyway?

  • That's it for now.

  • This is Cordon on I 35 again.

  • Oh, my God.

  • Uh, will it ever end the future of the next video?

  • Take care goodbye.

If you are a contractor right now on Dhe, you concerned about the new AI R 35 rules, then truly, you need to be because it has a couple off problems within it that you should be aware from.

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