Been told by a recruiter that Lloyd's of London will be following suit... not a big contractor factory in themselves, but may encourage syndicates to follow suit (if indeed it is true)....
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HSBC contractors to be inside IR35
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Originally posted by swamp View PostYup.
HSBC may well bin all their contractors, but my public sector client struggles to find enough decent contractors. And they pay good rates outside of IR35.Rule Number 1 - Assuming that you have a valid contract in place always try to get your poo onto your timesheet, provided that the timesheet is valid for your current contract and covers the period of time that you are billing for.
I preferred version 1!Comment
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Originally posted by BoredBloke View PostWhy would they? Your public sector client is currently struggling to find contractors because they are competing with the private sector where IR35 isn't the same beast. Come April the playing field will level (downwards) and the public sector will be about as attractive as the private sector because nobody will be offering outside IR35 roles. Well and truly stitched up by Tories.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Just been made aware of a very interesting mail at my gig that's been sent to the leadership teams. There is a whole forum of people looking in to IR35 in 2020 and have reached out to Senior Leads across the business. Quite surprised they are taking it so seriously so early.
Going to try and get myself in to the forum as a contractor voice so I can see how much they actually know and try and help steer them.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by BoredBloke View PostWhy would they? Your public sector client is currently struggling to find contractors because they are competing with the private sector where IR35 isn't the same beast. Come April the playing field will level (downwards) and the public sector will be about as attractive as the private sector because nobody will be offering outside IR35 roles. Well and truly stitched up by Tories.
If you have been at an organisation as an outside IR35 contractor and are looking to switch perm or it is deemed inside ir35, you will need to be prepared to cough up the previous years tax and penalties as you can guarantee HMRC will come looking. Personally there is is no way I would stay and switch status without having money to cover the previous years tax, interest and penalties. I have always had this in the back of my mind which is why I'm very reluctant to do more than 2 years on a gig and never more than 3. Mainly the cost to take me to a tribunal will be more than any Employers NI payments for each engagement.Last edited by BlueSharp; 1 May 2019, 13:51.Make Mercia Great Again!Comment
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Originally posted by northernladuk View PostYou are forgetting the actual work aspect. I've worked in two PS orgs. One was pretty good and the other was truly awful. When I say good it still wasn't up there with Private gigs I've done so I certainly wouldn't be going to public sector gigs if I had the choice.Rule Number 1 - Assuming that you have a valid contract in place always try to get your poo onto your timesheet, provided that the timesheet is valid for your current contract and covers the period of time that you are billing for.
I preferred version 1!Comment
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Originally posted by northernladuk View PostI've worked in two PS orgs. One was pretty good and the other was truly awful. When I say good it still ....
When is the shining light going to dawn that the words Private and Public both start with the letter P?
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Originally posted by Maslins View PostI've just seen the article BlueSharp refers to, then found this thread. Does make me a bit nervous, that other big corporates may follow HSBC's lead here. Perhaps it'll be the bizarre situation of contractors now leaving risk averse private sector to go to more risk tolerant public sector?!
Blanket inside IR35 doesn't seem to benefit anyone. Contractors have all the tax of an employee, but hardly any of the rights. End client has contractors giving them aggro that they think their work should be outside IR35, and potentially threatening some kind of formal challenge. It's an awkward halfway house. I can therefore understand why risk averse end clients won't offer it as an option.
/Wishful thinking.Comment
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Originally posted by simes View PostWTF is a PS gig?
When is the shining light going to dawn that the words Private and Public both start with the letter P?
Forum: IR35 Reform
To discuss the changes to PS contracts that are due later this year.Sticky: PS & IR35: Choosing a legitimate Umbrella'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by simes View PostWTF is a PS gig?
When is the shining light going to dawn that the words Private and Public both start with the letter P?
RW = Real World
That better?Originally posted by Stevie Wonder BoyI can't see any way to do it can you please advise?
I want my account deleted and all of my information removed, I want to invoke my right to be forgotten.Comment
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