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    When it picks up again, which it will, that is 100% certain

    Make sure you all remember the agencies/companies offering £150-200 a day contracts now

    Don't touch them with a barge pole

    Same goes for the companies who tried to blanket IR35 in March and will do the same again

    We are being attacked from all angles at the minute, loan charge, IR35 reversal after loads had already resigned or left contracts, no coronavirus help off government, 80%+ drop in advertised roles, about a 25% drop in day rates and while the rest of the economy is getting a huge amount of help to get back on its feet we are getting taxed approx an extra 20% next April with them not even being clever enough to understand that they are going to lose 20% in VAT and in effect not increase tax receipts at all, the whole thing is crazy

    Imagine how crazy they would look putting a new 20% tax on retail in April given the current economic conditions, imagine them doing that and not even increasing tax receipts ie as a punitive measure, there would uproar in the press and on social media however we are being portrayed as rich tax avoiders by HMRC/Gov and some clients are taking the p*ss to be frank

    Don't forget the ones that do

    Comment


      Originally posted by JohnM View Post
      When it picks up again, which it will, that is 100% certain

      Make sure you all remember the agencies/companies offering £150-200 a day contracts now

      Don't touch them with a barge pole

      Same goes for the companies who tried to blanket IR35 in March and will do the same again

      We are being attacked from all angles at the minute, loan charge, IR35 reversal after loads had already resigned or left contracts, no coronavirus help off government, 80%+ drop in advertised roles, about a 25% drop in day rates and while the rest of the economy is getting a huge amount of help to get back on its feet we are getting taxed approx an extra 20% next April with them not even being clever enough to understand that they are going to lose 20% in VAT and in effect not increase tax receipts at all, the whole thing is crazy

      Imagine how crazy they would look putting a new 20% tax on retail in April given the current economic conditions, imagine them doing that and not even increasing tax receipts ie as a punitive measure, there would uproar in the press and on social media however we are being portrayed as rich tax avoiders by HMRC/Gov and some clients are taking the p*ss to be frank

      Don't forget the ones that do
      yeh, - right. good luck with that. let us know how it goes.
      NOOOOO!! - not the Blue wire!!

      Comment


        Originally posted by wattaj View Post
        The latest contributions to this thread require a healthly does of WGAS.

        Just sayin' like...
        There's a lot of second guessing going on about agents' motivations and such like which really aren't worth anyone's time or energy.

        Comment


          Originally posted by jainnode View Post
          yeh, - right. good luck with that. let us know how it goes.
          Indeed that’s 98% of all contacts then


          Sent from my iPhone using Contractor UK Forum

          Comment


            Originally posted by JohnM View Post
            When it picks up again, which it will, that is 100% certain

            Make sure you all remember the agencies/companies offering £150-200 a day contracts now

            Don't touch them with a barge pole

            Same goes for the companies who tried to blanket IR35 in March and will do the same again

            We are being attacked from all angles at the minute, loan charge, IR35 reversal after loads had already resigned or left contracts, no coronavirus help off government, 80%+ drop in advertised roles, about a 25% drop in day rates and while the rest of the economy is getting a huge amount of help to get back on its feet we are getting taxed approx an extra 20% next April with them not even being clever enough to understand that they are going to lose 20% in VAT and in effect not increase tax receipts at all, the whole thing is crazy

            Imagine how crazy they would look putting a new 20% tax on retail in April given the current economic conditions, imagine them doing that and not even increasing tax receipts ie as a punitive measure, there would uproar in the press and on social media however we are being portrayed as rich tax avoiders by HMRC/Gov and some clients are taking the p*ss to be frank

            Don't forget the ones that do
            What does loan charge have to do with anything.

            And as with comments about how much VAT we generate as contractors it shows you don't understand what HMRC care about - which is keeping people employed so that employer NI continues to roll in and discourage companies from outsourcing more and more work to independents.
            merely at clientco for the entertainment

            Comment


              Originally posted by eek View Post
              What does loan charge have to do with anything.

              And as with comments about how much VAT we generate as contractors it shows you don't understand what HMRC care about - which is keeping people employed so that employer NI continues to roll in and discourage companies from outsourcing more and more work to independents.
              Surely it should be "discourage companies from outsourcing more and more work to independents" in the UK as they clearly don't seem to care that work will be offshored.

              Comment


                I know clients are trying to drive rates down, even for perms, but this is massively below minimum wage!

                "Java Developer
                Sanderson Recruitment
                Swindon (SN1)
                £45 - £55 per annum + plus benefits"

                After tax, you're looking around 50p a week!

                Comment


                  Originally posted by perplexed View Post
                  I know clients are trying to drive rates down, even for perms, but this is massively below minimum wage!

                  "Java Developer
                  Sanderson Recruitment
                  Swindon (SN1)
                  £45 - £55 per annum + plus benefits"

                  After tax, you're looking around 50p a week!
                  But think of the exposure the Developer will get.
                  Last edited by eek; 19 August 2020, 17:00.
                  merely at clientco for the entertainment

                  Comment


                    Originally posted by eek View Post
                    But think of the exposure the Developer will get.
                    Turning tricks would be one way of making the cash - concurrent contracts too.

                    Comment


                      Had it confirmed today - a chef applied for a DBA job this week (one requiring 5 years as a DBA).
                      The greatest trick the devil ever pulled was convincing the world that he didn't exist

                      Comment

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