Originally posted by Si666
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Any clue how many of your fellow contractors are going inside?
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Originally posted by adubya View PostAre all the German gigs inside too ?Comment
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Originally posted by LondonManc View PostMarch and April potentially dead. Empty progress reports at the start of May will spark clients into life when they find out very little is getting delivered.
Most big banks here in UK are doing blanket bans and the word of mouth is nearly 90% of contractors are accepting to go inside via Umbrella or PAYE so forth. So I doubt it would be dead in the office...Comment
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Originally posted by Peoplesoft bloke View PostThere are about 200 contractors at clientco - only 6 on the project I am on.
I am the only one (I know of) of our 6 who is quitting due to the blanket rules.
Everyone else seems to be accepting the income cut and carrying on.
What are others seeing at clientcos ?
At my place, I started this recent gig of mine just less than four months ago - with a respectable large enterprise.
I think i'm in a similar boat to you. I'm only 1 of many who is quiting due to the blanket. Everyone here seemed to accept go inside via Brolly thus taking a cut.
I think to them, constant flow of income is far more important than anything else, and tbh, I don't really blame that much. Afterall, most of them are in their 40s who have a youngish family to run with hell of a lot of expenses. If I had an family and in need of constant income, I would probably act the same (unless I have a massive warchest built up - but as of yet I don't unfortunately).
And they say they require at least £100K perm job to compensate but they don't think they stand a chance of landing even a £50K+ salary of a perm job elsewhere Also, they not willing to change to a new environment (they've been there for over 10+ years). They are very loyal indeed. So fair dos. But sorry, I'm out.Comment
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Originally posted by BritishLad88 View Post[···](they've been there for over 10+ years). They are very loyal indeed.Comment
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Originally posted by dsc View PostNot very clever though, if HMRC starts pursuing them they'll owe way more than they can even imagine.
What kind of contractor stays at the same place for 10+ years. They're the reason hmrc have started this whole ir35 thing in the first place.Comment
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Originally posted by PCTNN View PostI really do hope hmrc decide to investigate them. Disgusting human beings, that's what these "contractors" are..
What kind of contractor stays at the same place for 10+ years. They're the reason hmrc have started this whole ir35 thing in the first place.See You Next TuesdayComment
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Originally posted by BritishLad88 View PostJust to provide my answer to OP's question..
At my place, I started this recent gig of mine just less than four months ago - with a respectable large enterprise.
I think i'm in a similar boat to you. I'm only 1 of many who is quiting due to the blanket. Everyone here seemed to accept go inside via Brolly thus taking a cut.
I think to them, constant flow of income is far more important than anything else, and tbh, I don't really blame that much. Afterall, most of them are in their 40s who have a youngish family to run with hell of a lot of expenses. If I had an family and in need of constant income, I would probably act the same (unless I have a massive warchest built up - but as of yet I don't unfortunately).
And they say they require at least £100K perm job to compensate but they don't think they stand a chance of landing even a £50K+ salary of a perm job elsewhere Also, they not willing to change to a new environment (they've been there for over 10+ years). They are very loyal indeed. So fair dos. But sorry, I'm out.Comment
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Originally posted by PlanB View Post10 years? 90% of permies wouldn't have stayed somewhere that long.Comment
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Originally posted by PCTNN View PostI really do hope hmrc decide to investigate them. Disgusting human beings, that's what these "contractors" are..
What kind of contractor stays at the same place for 10+ years. They're the reason hmrc have started this whole ir35 thing in the first place.
they are what we call "permitractors". I been chatting to many of them daily and constant questioned their decision. They always admit that themselves are not geniune contractors (in their own words). But yet, they are happy to be doing what they're doing.
So when I heard that, I concluded that: they acknowledged themselves are permietractors and they basically operate under this PSC model soley to gain a financial advantage.Comment
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