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IR35 reforms could put contractors at risk of 'second wave' of loan charge bills

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    #31
    Originally posted by ComplianceLady View Post
    I'm surprised how little sympathy there is for contractors caught up by schemes dressed up as umbrellas, I get approached by them regularly and as it's been my job for a long time find it relatively easy to determine legitimacy but I'm not sure the same could be said for most contractors - their specialism is whatever services they deliver, not sufficient due diligence on engagement types.

    The number of schemes popping up and the sales pitches are definitely concerning to me and I think it's inevitable some will be caught up in that. It also makes life difficult for Agencies, you want an ASL to protect the Agency and the Contractor (and Client) but it can be restrictive and create liability.

    It's beginning to dawn on us how devious and lying they are, and it will be worse when dodgy agencies get in on the act with massive backhanders from those dodgy umbrellas.

    But as I said above - many contractor's due diligence stops at believing the salesman's patter.
    "I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
    - Voltaire/Benjamin Franklin/Anne Frank...

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      #32
      Originally posted by cojak View Post
      It's beginning to dawn on us how devious and lying they are, and it will be worse when dodgy agencies get in on the act with massive backhanders from those dodgy umbrellas.

      But as I said above - many contractor's due diligence stops at believing the salesman's patter.
      Indeed. At least contractors could visit CUK. The writing has been on the wall for 11 years now.

      However some take it very badly. 7 LC suicides so far.

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        #33
        Originally posted by BrilloPad View Post
        Indeed. At least contractors could visit CUK. The writing has been on the wall for 11 years now.

        However some take it very badly. 7 LC suicides so far.
        Really ? That is so sad...

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