It's umbrellas or agency PAYE already for the Public sector lot so can't see it being much different.
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Originally posted by northernladuk View PostIt's umbrellas or agency PAYE already for the Public sector lot so can't see it being much different.Comment
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Originally posted by northernladuk View PostIt's umbrellas or agency PAYE already for the Public sector lot so can't see it being much different.Make Mercia Great Again!Comment
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Originally posted by northernladuk View PostIt's umbrellas or agency PAYE already for the Public sector lot so can't see it being much different.
So far the only thing they have done is cut back the length of the extensions.Comment
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Originally posted by BABABlackSheep View PostI'm at a very large private sector company and this is the feeling I have currently on the way its going to go.
So far the only thing they have done is cut back the length of the extensions.Comment
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Originally posted by ComplianceLady View PostI've been interested to follow a few discussions on here about Clients approach, potential impacts and 'solutions' to OPR, I wanted to share my experience from speaking to end clients over the past few months.
I've now met with c.75% of our client base at least once and I've thus far only spoken to one client who has been 100% that the contractors they're using will be inside IR35 from next year (and they should be inside now).
There are some clients whose contractors are likely on the edge and every one of them has been comfortable with making some changes to make a clear outside status determination possible.
I've not spoken to a client who has wanted to use any form of blanket determination (though every client is of the view that contractors in the main will logically have the same status).
They are consistently saying that contractors are fundamentally valuable and important to the business and they see a robust approach that minimises risk and retains the ability to use contractors as the correct approach.
This is completely different to the public sector, all of those clients have had a blanket type approach - generally assume they're inside and if it's a problem then re-think that based on the importance of the project.
I've also seen a difference from enterprise level clients - there is much more fear around the risk from them and a follow the leader type approach where they're all waiting for one another to declare their approach.
I've seen some comments about agency fees going up or contractor rate being squeezed. I can't speak for every Agency (thank goodness!) but those I speak to are seeing this as an opportunity to help clients continue to engage contractors and to justify the fee, not to increase them.
I'm not in favour of the changes and I can see some negative impacts but in the main the past couple of months of speaking to clients have left me feeling more positive about the impact.Comment
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Originally posted by JohntheBike View Posthave you seen or heard anything which leads you to believe this? It may be that others might observe similar patterns with their clients and take this into account when assessing their future.
Also the agency already has a list of "approved" umbrella companies that contractors can go through, so might insist everyone goes to one of those.
Given a lot of the contractors are on 12(or at least 6) month contracts, deciding that the contractors would be inside IR35 would be suicide as I and everyone else would head toward the exit well before April 2020.
My contract is up in a 3 months. I'm waiting to see what happens. If nothing by then, I'm either going to leave and try and find somewhere that has got its act together and deemed outside IR35 roles or stay but dissolve my ltd company and go into an umbrella for a while. I have a decent war chest so can take a nice sum out at 10% tax.
Also looking at creating another company with friends, but that's discussed elsewhere here.Comment
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Originally posted by BABABlackSheep View PostI've heard the company and the agency(sole provider) are just in consultation. One of the options being discussed is to form a separate entity(company) for all the contractors to work through, so assuming an umbrella type model.
Also the agency already has a list of "approved" umbrella companies that contractors can go through, so might insist everyone goes to one of those.
Given a lot of the contractors are on 12(or at least 6) month contracts, deciding that the contractors would be inside IR35 would be suicide as I and everyone else would head toward the exit well before April 2020.
My contract is up in a 3 months. I'm waiting to see what happens. If nothing by then, I'm either going to leave and try and find somewhere that has got its act together and deemed outside IR35 roles or stay but dissolve my ltd company and go into an umbrella for a while. I have a decent war chest so can take a nice sum out at 10% tax.
Also looking at creating another company with friends, but that's discussed elsewhere here.Comment
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Originally posted by BABABlackSheep View PostI've heard the company and the agency(sole provider) are just in consultation. One of the options being discussed is to form a separate entity(company) for all the contractors to work through, so assuming an umbrella type model.
Also the agency already has a list of "approved" umbrella companies that contractors can go through, so might insist everyone goes to one of those.
https://www.contractoruk.com/forums/...ml#post2297178
https://www.contractoruk.com/forums/...mbrella-2.html
Given a lot of the contractors are on 12(or at least 6) month contracts, deciding that the contractors would be inside IR35 would be suicide as I and everyone else would head toward the exit well before April 2020.
Add to that if many other companies go inside they'll be leaving for what? A long sting on the bench with everyone else gunning for a reduced number of outside roles? Possibly not the best business move that.
My contract is up in a 3 months. I'm waiting to see what happens. If nothing by then, I'm either going to leave and try and find somewhere that has got its act together and deemed outside IR35 roles or stay but dissolve my ltd company and go into an umbrella for a while. I have a decent war chest so can take a nice sum out at 10% tax.
.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by northernladuk View PostSo you've said yourself you might stay so declaring everyone inside may not be suicide at all.
Why I said I may stay, is because if they force everyone to go umbrella, then this takes IR35 out of the equation. I have enough money in my company to get a nice low tax payoff for closing it. That extra money will offset the loss in income in the short term, and then I can just start another company in the future if I want.Comment
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