Originally posted by Angrybunny
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Barclays forcing all contractors to go PAYE by February 2020
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Vote Corbyn ! Save this country ! -
Originally posted by Angrybunny View PostI'm at HSBC and been told all contractors who are to be extended will be on PAYE from January with no rate increases. Seems a lot of confusion and conflicting information at the moment.Comment
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Originally posted by cosmic View PostNo confusion just means all contracts will be inside ir35 and no increase in daily rate by what you stated.
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Originally posted by cosmic View PostNo confusion just means all contracts will be inside ir35 and no increase in daily rate by what you stated.Comment
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Originally posted by Paralytic View PostYou're the one that is confused here. There will be no Inside IR35 contracts because Barclays are no longer going to engage with PSCs (excluding any small number of exemptions that might be worked out for specific roles).Vote Corbyn ! Save this country !Comment
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Originally posted by TheInvoicer View PostThe confusion is the ever changing decision, is what they mean I would guess. No LTD contractors past sept, now it’s jan. Go perm or leave now it’s go perm, leave or umbrella. Wrapped up in tulipty/lack of communication.
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Originally posted by Signo_cypher View PostI think most people will stay put in the role they have (lack of war chest), there really is nowhere else to go. Within financial services the die is cast, pretty much all clients are placing contractors inside and as we know the market in general is utterly terrible, there is a genuine lack of roles out there and its not going to get any better in the next 6 months - as someone said before if you have a role sit tight and wait it out, or sit at home and wait it out
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Originally posted by GhostofTarbera View PostNot all, a few chaps I know that commute to London have said no as no expenses (and it costs them £800 a week) that would now need to come from net income, they would end up on about £19 an hour from a £500 day rate.
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Originally posted by GhostofTarbera View PostNot all, a few chaps I know that commute to London have said no as no expenses (and it costs them £800 a week) that would now need to come from net income, they would end up on about £19 an hour from a £500 day rate.
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Cut back on the luxuries, save the money, that will build the warchest, that’ll help when looking for a role closer to home.Comment
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Originally posted by BigJohn View PostIn times like these we all need to be resourceful and start cutting back. I’m sure the £800pw can be reduced.
Cut back on the luxuries, save the money, that will build the warchest, that’ll help when looking for a role closer to home.
£350 for flights (not the best timing flights, as they are £500+ each week even if booked months in advance) only leaves very basic hotel £80 a night + food + transport to airports )
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