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IR35 and cheese

post #1 of 10
6/28/07 at 7:36am
Thread Starter 
Does anybody have any idea of how the IR view the full time fermentation of dairy produce?

I have a 3 month contract for a large Wensleydale supplier, although I may be able to make a little Edam in the evenings.

TIA.
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post #2 of 10
6/28/07 at 7:45am
Thread Starter 
sorry I am new to this...I used to work in a different occupation.
Moo? what is this? I hear this quite often.

My client expects me to get through at least a dozen churns per day.
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post #3 of 10
6/28/07 at 7:53am
Those people at HMRC ccome up with some lingo.. what next grunt ? oink ??
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post #4 of 10
6/28/07 at 8:05am
I think you will find that 'oinks' or as they are known in the industry OEICS were replaced in 2000 by our great leader and master of the universe Monsieur Marron
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post #5 of 10
6/28/07 at 8:25am
I have spoken to Mr Chico at my local Tax Office and he was quite clear on the subject.

"If the fermentation / production process extends in to another Tax Year, then your liabilities accrue over each tax accounting period.

If you are fermenting cheese as a sideline to your main souce of income, then this is still taxable income (if you plan to sell the product), and needs to be declared accordingly."

So, whether you are a big cheese or a small cheese (geddit ?) in this line of work, IR get their wedge at the end of the day.
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post #6 of 10
6/28/07 at 8:27am
Surely much of this depends on the farmers relationship with the herd. Many farmers use outsourced or freelance herds, while a number go for the homegrown variety. There are a few who have a very special close relationship where IR35 does form part of the contractual relationship between man and beast. I still find it suprising that our inland revenue give the element of chioce to the cow and that it's desires and aspirations can actually effect the taxation levied against the farmer, who for the most part should spend more of his time worrying his flock and not jumping through hectors hoops.
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post #7 of 10
6/28/07 at 8:39am
Thread Starter 
Someone should smell my Red Leicester.

Smell my cheese!
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post #8 of 10
6/28/07 at 9:21am
Sorry but I think 660 only applies between humans. As such beasts of the field are clearly excluded under clause 5.014a, sub section 2, paragraph 3i. Although the 1982 revision of the act does apply if the animals contain a 'lot of brown'. It is this revision which I'm sure you are aware pertains to a great deal of hatstand tomfoolary amongst the wig wearing ranks. Given this time of the year and the fondness with which Mr Brown views his rocking horses and the volatility of the housing market and it's inpending doom, I would probably steer you towards a FTV from Poland of the plumbing variety.

Oh sorry didn't see the 'a' in the 660a. Yes you are 100% correct.
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post #9 of 10
6/28/07 at 9:59am
I think mature cheddar is exempt from IR35 legislation.
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post #10 of 10
6/29/07 at 4:41pm
Hey, do you stay in Basingstoke England? I know a Mr Chico there. He knows all about catering for large numbers of guests at garden parties, but get a second opinion on anything he says about tax!

Truly.
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