Barclays forcing all contractors to go PAYE by February 2020

[Paralytic]

I am not really sure about it. My managers are trying everything, but upper upper management oppose any new contract. Managers know how bad it is, HR departments don't.

I'm surprised HR aren't pushing the managers to get you to go via an umbrella or MSC.

[ciaozio]

I'm surprised HR aren't pushing the managers to get you to go via an umbrella or MSC.

I'm surprised they think their strategy will work. I mean, I'm sure they'll change their mind at some point, but unfortunately we're the ones paying the consequences at this time.

[rogerfederer]

I'm surprised HR aren't pushing the managers to get you to go via an umbrella or MSC.

I'm reliably informed from the inside that the intention to use MSC where possible, but this is middle management intention and not upper management. We can likely expect a massive shift to PAYE via umbrella for 6 months to 1 year, after which it'll settle down and there will still be some outside IR35 roles for specialist areas.

As an example, CTO level roles are being advertised as FTC (fixed term contracts) rather than outside IR35 contractor roles. This makes sense, given that a CTO shouldn't be a temporary role, given the seniority and is a test of the individual to be capable of performing the role full time on a permanent contract basis.

[ciaozio]

I'm reliably informed from the inside that the intention to use MSC where possible, but this is middle management intention and not upper management. We can likely expect a massive shift to PAYE via umbrella for 6 months to 1 year, after which it'll settle down and there will still be some outside IR35 roles for specialist areas.

As an example, CTO level roles are being advertised as FTC (fixed term contracts) rather than outside IR35 contractor roles. This makes sense, given that a CTO shouldn't be a temporary role, given the seniority and is a test of the individual to be capable of performing the role full time on a permanent contract basis.

I am told no one will be shifted to PAYE. While I am sure this will change, that's not an option at the moment.

[Paralytic]

I am told no one will be shifted to PAYE. While I am sure this will change, that's not an option at the moment.

I'm sure no-one will be "shifted to" perm, but some managers will open up position to replace the contractor roles they've lost and the same contractors will "apply" and be successful.

[ciaozio]

I'm sure no-one will be "shifted to" perm, but some managers will open up position to replace the contractor roles they've lost and the same contractors will "apply" and be successful.

Sorry, my bad, I meant that no contractor will be working inside IR35, opposite to what they publicly claim. Whilst some will be offered PAYE, these will be exceptions. Apparently there's also a hiring freeze.

[Paralytic]

Sorry, my bad, I meant that no contractor will be working inside IR35, opposite to what they publicly claim. Whilst some will be offered PAYE, these will be exceptions. Apparently there's also a hiring freeze.

Opposite to who publicly claim? Barclays? They've not said contractors will be inside IR35; they've said they're not engaging with contractors via PSCs any more.

[mogga71]

HSBC Contractors - Inside IR35 after all

Dear oh dear. A lot of very upset contractors at HSBC.

After Mansion House Consultancy came in and said contractors can remain outside iR35 Post April and that their legal teams have guaranteed that their 'delivery based' scheme would work ..... contractors were informed yesterday that actually post April they will now be considered caught inside IR35 if they wish to stay with HSBC. Seems they have a few options like going permie with MH or go full PAYE al la umbrella.

These poor suckers have been spending the last few weeks getting references, employment histories, online training in the process of transitioning from Resource Solutions over to MH. Now this. It always sounded too good to be true.

I reckon the vast majority will still be there at HSBC come April.....simply because there is no real alternative and its the easy option.

You know I hate to say this, but I reckon the decision to make the end client responsible for making the IR35 inside or outside was a stroke of genius by the IR. Barstewards, the lot of them

[simes]

You know I hate to say this, but I reckon the decision to make the end client responsible for making the IR35 inside or outside was a stroke of genius by the IR. Barstewards, the lot of them

Not if everyone in the UK then goes, or Has to go, permanent!

HMRC's drive to increase net tax income will be largely a failure and, in to the bargain, have completely stuffed up an otherwise good working model for short term professionals engagement.

My statement being largely dependent on a belief that 40% of a permie salary being roughly equating to 20% of a contractor's income... argue at will.

[Angrybunny]

I'm at HSBC and been told all contractors who are to be extended will be on PAYE from January with no rate increases. Seems a lot of confusion and conflicting information at the moment.