Public sector IR35 exodus: 85% of PSCs to quit
A survey of almost 2,000 contractors shows that 85 per cent will abandon their contract at a taxpayer-funded body by moving to the private sector within the next seven weeks.
However status advisory Qdos, which ran the survey, explained that the exodus of approximately 1,700 contractors was dependent on their ‘outside IR35’ status not remaining.
The first big clue such contractors can get about whether their status will change will be on Monday, when a tool end-users will use to help them decide their PSCs’ status is scheduled to launch.
Speaking about his firm’s survey findings, Seb Maley reflected: “The contracting workforce intend to maintain their independence…[but] the public sector may not see the benefits.
“Understandably, contractors are feeling threatened… [so] many [are] planning to stop working on public sector contracts should they be found caught by the new IR35 rules.”
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