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Post Info TOPIC: Taking a break


Satellite level

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RE: Taking a break


Congratulations, fabulous achievement and belated happy birthday smile



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Pro player

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Yes well done Bob. Enjoy being 60 - its just a number!!

Hope you are enjoying the surfeit of tennis today and your boy Billys win at Surbiton today (albeit against a fellow Brit so not quite so enjoyable).

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As an aside and whilst age is a topic of discussion (Bob above and elsewhere re Dan COx and Sam Murray and wild cards).

I actually agreed a new job today which I start in September. In actual fact, it is back into the world of permanent employment as I have been contracting for around 8 years. I loved being a contractor, self employed and did well out of it, on the whole. But a little thing called IR35 has made it difficult and a firm approached me for a permanent role. The money was good and the wider benefits of being employed by someone like health and life and pension contribution, equity etc become much more important at my age. I hadnt expected to make a move back into permanent work at the age of 56 but I know the firm well and they and I fancy I can make a difference over the next few years.

They offered me the role in March and we have spent 3 months umming and aaghing, negotiating some of the detail, but mainly deciding if it is what we wanted to do.

So I have taken the plunge to go back into employment and to help my new company smash it out of the ground.

The point being, you can be at that age where you think people dont want you and then it turns out you are just what they are looking for! 



-- Edited by JonH comes home on Tuesday 14th of June 2022 04:55:14 PM

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Congrats, Jon !!! And all the very best They're lucky to have you

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DF


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Hope everything turns out well for you and the family Jon smile



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Coup Droit wrote:

Congrats, Jon !!! And all the very best They're lucky to have you


 Thank you, CD! 

Part of me is a little sad, as my own company (which is just me) is something I am quite fond of. But whilst I have navigated IR35 quite well by keeping a few clients bubbling, all roles I was looking at kept coming under it. The problem with IR35 is that it starts with an assumption that if it looks like and feels like a full time role, then it is a full time role and, as such, someone doing it under contract should be treated as such from an HMRC perspective. Which in general terms is ok but it doesnt have the other side of it which is paid leave, wider benefits of being employed that you might get depending on your role and, importantly, any protection against the risk of losing your job etc. It is a one way street which, sadly, is not going to get any easier. So, it made the decision easier for me, but it was nice to be wanted and chased after, I have to say! 



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DF wrote:

Hope everything turns out well for you and the family Jon smile


 Thank you DF - one down side, ha, is that my company also employed my wife as a admin person, doing the books etc. Wasnt a big role but we paid her a salary. But as the company wont be trading post September, although I wont close it down, I cant really pay her anymore. So I will need to lay her off! I think she understood!! 



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DF


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JonH comes home wrote:
DF wrote:

Hope everything turns out well for you and the family Jon smile


 Thank you DF - one down side, ha, is that my company also employed my wife as a admin person, doing the books etc. Wasnt a big role but we paid her a salary. But as the company wont be trading post September, although I wont close it down, I cant really pay her anymore. So I will need to lay her off! I think she understood!! 


 wink



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Well done Jon, they're lucky to have you biggrin



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 Its really not as bad as they say :)



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Shhh wrote:

Well done Jon, they're lucky to have you biggrin


 That is what I told them ! Ha, thanks!



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Well played that man. Good luck in the new job Jon. I am sure you will smash it out of the park.

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Bob in Spain wrote:

Well played that man. Good luck in the new job Jon. I am sure you will smash it out of the park.


 Thanks Bob ! 



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I noticed Stircrazy had been missing a few days now - 3 it says - and wanted to check if anyone knew if she is ok, after earlier events for her?

Touch wood.

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Bob in Spain wrote:
JonH comes home wrote:
Bob in Spain wrote:
Bob in Spain wrote:

Thanks all. Not trying to get my hopes up too much but the lawyer was very upbeat about our chances after the hearing. One of the interesting points was that before the meeting, there was discussion about settling out of court whereby I would get the capital back but forego the interest. The banks lawyer seemed very keen to accept - almost too keen - but didn't have the authority to make the decision. He tried to call his bosses but was unable to get hold of them.

It was his enthusiasm to settle that made me believe I had a strong case and so after a discussion with my own lawyer, we decided to continue with the hearing. After all, 16 years of interest will easily be a 5 figure sum in itself.

But now we wait. As I mentioned before, we are expecting a decision in 2-4 weeks. Having waited 16 years, I can live with that. And there is still a chance the bank may try and make me an out of court offer, while we are waiting.

Edit

PS. I'm going to sleep well tonight.



-- Edited by Bob in Spain on Monday 25th of October 2021 05:35:53 PM


Good job I didn't get my hopes up too much.

Damn, damn and double damn.


 Hi Bob - no out of court offer? Thats a shame but still hopefully the court will make the right decision?


Court came back with the decision today and found in favour of the bank. They don't have to pay me anything and I am liable for ALL costs.

Sometimes I hate this world.  Someone steals my money and then I have to pay for the privilege of not getting it back.


My ongoing battle with the bank came to a head again today after a year of waiting - and I lost again today.

Builder ran off with my money.

Bank says it doesn't have to honour the bank guarantee I was given.

Appeal Court agrees with bank - again.

Sometimes there is no justice in this world.

Ho hum. Live goes on.



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Bob in Spain wrote:
Bob in Spain wrote:
JonH comes home wrote:
Bob in Spain wrote:
Bob in Spain wrote:

Thanks all. Not trying to get my hopes up too much but the lawyer was very upbeat about our chances after the hearing. One of the interesting points was that before the meeting, there was discussion about settling out of court whereby I would get the capital back but forego the interest. The banks lawyer seemed very keen to accept - almost too keen - but didn't have the authority to make the decision. He tried to call his bosses but was unable to get hold of them.

It was his enthusiasm to settle that made me believe I had a strong case and so after a discussion with my own lawyer, we decided to continue with the hearing. After all, 16 years of interest will easily be a 5 figure sum in itself.

But now we wait. As I mentioned before, we are expecting a decision in 2-4 weeks. Having waited 16 years, I can live with that. And there is still a chance the bank may try and make me an out of court offer, while we are waiting.

Edit

PS. I'm going to sleep well tonight.



-- Edited by Bob in Spain on Monday 25th of October 2021 05:35:53 PM


Good job I didn't get my hopes up too much.

Damn, damn and double damn.


 Hi Bob - no out of court offer? Thats a shame but still hopefully the court will make the right decision?


Court came back with the decision today and found in favour of the bank. They don't have to pay me anything and I am liable for ALL costs.

Sometimes I hate this world.  Someone steals my money and then I have to pay for the privilege of not getting it back.


My ongoing battle with the bank came to a head again today after a year of waiting - and I lost again today.

Builder ran off with my money.

Bank says it doesn't have to honour the bank guarantee I was given.

Appeal Court agrees with bank - again.

Sometimes there is no justice in this world.

Ho hum. Live goes on.


 Oh heck Bob, Im sorry to hear that. Is there no criminal recourse as the guys committed fraud or are the police interested? 



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