Deutsche - FTC with day rate?

[Mephisto]

Finally had an email today... Ban on PSCs as expected...

Choices:
-Brolly (strict list of 4 so no using Lucy/Clarity which is a bit tulip)
-PAYE
-Bench (see thread: State of the Market)
-Retire (too young/broke)
-Cark-it (....)

Everyone has asked for an uplift (shocker) so waiting to see what will happen there.

Joy

[LondonManc]

A few people have mentioned that they are going to push people to go perm when the 45 week tenure is up and those that are not must be out for 12 weeks before they are to return to the bank.

Sounds like the old AZ rule from years ago

[ChimpMaster]

Finally had an email today... Ban on PSCs as expected...

Choices:
-Brolly (strict list of 4 so no using Lucy/Clarity which is a bit tulip)
-PAYE
-Bench (see thread: State of the Market)
-Retire (too young/broke)
-Cark-it (....)

Everyone has asked for an uplift (shocker) so waiting to see what will happen there.

Joy

Has everyone also asked for back-taxes to be paid when HMRC come after you all next year?

[Mephisto]

But HMRC have pinky-promised that they won't.

[CanPayButWouldRatherNot]

actually the paye with RS and then into permie is kind of the worse of the lot

RS will have to give your name up to HMRC and so you are then on the hook.

like we know

hmrc have said they promised they will be nice .. and they have to raise a dead ltd back to life (assuming they allowed the strike off in the first place !) so maybe we are worried over nothing

he said worriedly

[LondonManc]

actually the paye with RS and then into permie is kind of the worse of the lot

RS will have to give your name up to HMRC and so you are then on the hook.

like we know

hmrc have said they promised they will be nice .. and they have to raise a dead ltd back to life (assuming they allowed the strike off in the first place !) so maybe we are worried over nothing

he said worriedly

More pertinently, they'll be opening a whole can of worms in terms of back claims against the client for unpaid holidays, etc. for those being investigated who have significant tenure. HMRC will suddenly become public enemy number one with most large firms who have had long-tenure contractors.

[Snooky]

More pertinently, they'll be opening a whole can of worms in terms of back claims against the client for unpaid holidays, etc. for those being investigated who have significant tenure. HMRC will suddenly become public enemy number one with most large firms who have had long-tenure contractors.

Only problem there is, according to Make a claim to an employment tribunal - GOV.UK, "you usually have to make a claim to the tribunal within 3 months of your employment ending or the problem happening". So if HMRC come calling while you're still at ClientCo, this would definitely be an option, but if they do the same kind of heel-dragging we saw with the Loan Charge, you could have moved on many years previously so an employment claim would be impossible.

But I do agree with you, it only takes one or two very disgruntled still-in-post contractors making an ET claim, especially if they can produce an inside-IR35 status determination, to scare the absolute bejesus out of all other clients and get them screaming at HMG to rein HMRC in.

Whether HMRC are smart enough to realise that and hold off until a year or so after the contractor has moved on, I have no idea. Their normal bull-in-a-china-shop bully boy tactics would imply not.

[DigitalUser]

actually the paye with RS and then into permie is kind of the worse of the lot

RS will have to give your name up to HMRC and so you are then on the hook.

like we know

hmrc have said they promised they will be nice .. and they have to raise a dead ltd back to life (assuming they allowed the strike off in the first place !) so maybe we are worried over nothing

he said worriedly

The RS PAYE template is something to behold. You're reduced to a zero-hours worker with potentially no notice period. Oh, by the way, according to the contract, you're not employed by RS (which somewhat defeats the purpose of being PAYE).

[LondonManc]

The RS PAYE template is something to behold. You're reduced to a zero-hours worker with potentially no notice period. Oh, by the way, according to the contract, you're not employed by RS (which somewhat defeats the purpose of being PAYE).

Who is your employer then, the end client?

[DigitalUser]

Who is your employer then, the end client?

That's what you'd think, right? Basically, the contract puts you in limbo. RS acts as your employer but they're not your employer. In short, they wash their hands of you is my interpretation.

N.B. I am not renewing under PAYE - I've just seen the template.