The gate is closed

Discussion in 'UK Motorcycles' started by simonk, Feb 24, 2006.

  1. simonk

    simonk Guest

    Thank christ for that.
     
    simonk, Feb 24, 2006
    #1
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  2. simonk

    Dan White Guest

    So does that mean you made a decision?
     
    Dan White, Feb 24, 2006
    #2
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  3. simonk

    simonk Guest

    Yes. Going back to the old place.

    They're going to employ me, but on a day-rate, with a fixed term and the
    ability to extend. It's not enormously tax-efficient, but it's highly
    lucrative nonetheless. At least this way they pay my employer's NI
     
    simonk, Feb 24, 2006
    #3
  4. simonk

    dwb Guest

    And this is where you find the clause in your contract that makes your
    broadband connection cost ?1000 a month... ;-)
     
    dwb, Feb 24, 2006
    #4
  5. simonk

    simonk Guest

    Actually, that's a point: I've got the "staff" broadband package.

    Ironically, while this used to be half-price, since we dropped our prices it
    now represents a whopping £3 per month discount ...
     
    simonk, Feb 24, 2006
    #5
  6. simonk

    'Hog Guest

    Is this working with the Dog's Bollocks?
    I was being told by someone not unconnected just this week of the slight
    challenge regarding <size of investment>Vs<only ~80,000 customers>
     
    'Hog, Feb 24, 2006
    #6
  7. simonk

    simonk Guest

    Quite.

    My aim in going there was to get involved with advanced services (i.e. video,
    my area of expertise), but this looks like a dim and distant prospect. The
    recent press speculation and C&W shenanigans have only sharpened my resolve
    to find something else to do.

    There is a C&W board meeting on Monday, and a strategy presentation/press
    conference on Tuesday, concerning the future of the UK division. I think I
    may have got the timing just right.
     
    simonk, Feb 24, 2006
    #7
  8. simonk

    'Hog Guest

    One has been in communication with Mr Pluthero about such things from an
    Irish perspective
     
    'Hog, Feb 25, 2006
    #8
  9. simonk

    simonk Guest

    simonk, Feb 27, 2006
    #9
  10. simonk

    'Hog Guest

    'Hog, Feb 27, 2006
    #10
  11. simonk

    simonk Guest

    Nothing about us[1], specifically, but if you're a company that's not yet
    generating profit, you really don't want your investor to be talking about
    making savings of £190m ...
     
    simonk, Feb 27, 2006
    #11
  12. simonk

    'Hog Guest

    In a previous closed session he made the statement "Jackets off for BT"
    which is more encouraging. He does need to stem the tide of losses
    though.
     
    'Hog, Feb 27, 2006
    #12
  13. simonk

    simonk Guest

    .... which underscores the "wholesale LLU" theory that's been bouncing around
    The Register etc.

    http://www.theregister.co.uk/2006/02/27/c_w_shakeup/

    All will be revealed shortly, I guess
     
    simonk, Feb 27, 2006
    #13
  14. simonk

    'Hog Guest

    "This tough stance just adds to the speculation that C&W could be about
    to neuter Bulldog's retail operation and become a wholesale provider of
    LLU services instead"

    Stealing my ideas now, the ****. I'll keep my briefing papers
    confidential in future.
     
    'Hog, Feb 27, 2006
    #14
  15. simonk

    darsy Guest

    you're a mentalist to accept this, you know. Go on, workout how much
    tax you'll be paying each month...
     
    darsy, Feb 27, 2006
    #15
  16. simonk

    simonk Guest

    Oh sure, it's a lot, but I really struggle to see how I would escape IR35,
    especially if I went back "in house" afterwards. This way they pay the
    day-rate I was after, and take care of 10% employer NI, and give me 12 days'
    holiday included (25 days pro-rata)
     
    simonk, Feb 27, 2006
    #16
  17. simonk

    'Hog Guest

    Indeedy do.
    Draw dividends from a UK company. Single person tax code. No individual
    or corporate NI to pay. You will pay under 18% total on your first £100K
    of income. Compare that to the total tax take as an employee/company
    and weep.
     
    'Hog, Feb 27, 2006
    #17
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