Originally posted by TwoWolves
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Which one of you is this? Times report on private sector IR35
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Rhyddid i lofnod psychocandy!!!! -
Originally posted by psychocandy View PostYes but the public sector is different. The extra comes out of some fund somewhere. When its impacting smaller companies people are going to notice more.
Originally posted by psychocandy View PostExactly.... And its the private sector companies kicking off when they realise which will help us public sector umbrella employees..'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by pjt View PostI've seen clients struggle to get inside roles filled even at the higher rates. Again the market is our friend in this!Comment
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Lots of large companies (such as banks) offshore and nearshore. Obviously there's a trade-off but as costs go up here it becomes more and more attractive.
Either contractor takes a cut, they have to up rates by a couple of hundred a day, or they hire a couple more PhDs in eastern Europe with the option of the occasional nice jolly..Comment
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Originally posted by jds 1981 View PostLots of large companies (such as banks) offshore and nearshore. Obviously there's a trade-off but as costs go up here it becomes more and more attractive.
Either contractor takes a cut, they have to up rates by a couple of hundred a day, or they hire a couple more PhDs in eastern Europe with the option of the occasional nice jolly..
1. They think large companies are going to take on risk and the hellfire of HMRC in putting people as outside IR35 with all the comeback, legal pain, fines and issues that would give them.
2. Will just say "hey step into IR35 land, but don't worry here's another £200/day each for your losses now you are paying more tax and NI"
3. Won't call on bodyshops in India and Eastern Europe for "resources" on work permits and also offshore more work.Comment
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Originally posted by DimPrawn View PostI think contractors are living in cloud cuckoo land if:
1. They think large companies are going to take on risk and the hellfire of HMRC in putting people as outside IR35 with all the comeback, legal pain, fines and issues that would give them.
2. Will just say "hey step into IR35 land, but don't worry here's another £200/day each for your losses now you are paying more tax and NI"
3. Won't call on bodyshops in India and Eastern Europe for "resources" on work permits and also offshore more work.When freedom comes along, don't PISH in the water supply.....Comment
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Originally posted by TestMangler View PostNot often I agree with the prawn, but, he's spot on, on three counts.Comment
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Originally posted by DimPrawn View PostI think contractors are living in cloud cuckoo land if:
1. They think large companies are going to take on risk and the hellfire of HMRC in putting people as outside IR35 with all the comeback, legal pain, fines and issues that would give them.
2. Will just say "hey step into IR35 land, but don't worry here's another £200/day each for your losses now you are paying more tax and NI"
3. Won't call on bodyshops in India and Eastern Europe for "resources" on work permits and also offshore more work.Comment
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Thirded, people thinking their lovely private sector clients are going to take on big bad HMRC on their behalf because they are some sort of irreplaceable uber consultant.
You are a convenient resource, the moment you stop being convenient or get too expensive they will look elsewhere.
Sure there may be the very odd exceptions but my prediction is 95% blanket IR35 through an "approved Umbrella" at roughly the same rate you are on now. They won't care that you have to pay more tax, they'll only be interested in their own bottom line. There are also enough people contracting that if you don't take it, someone else will.Comment
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Originally posted by Guvernator View PostThere are also enough people contracting that if you don't take it, someone else will.Comment
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