Originally posted by cwah
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How can we fight back against Infosys, TCS and other Indian consultancies?
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Originally posted by Lance View Postby delaying it?????
However IR35 has been the policy of Government (of all sides) for 21 years. This change merely takes it back to how it was supposed to be implemented and if you look at the public sector (where the rules are already in place) you can see that there people have been able to distinguish between what work should be inside and what work needs to be outside.merely at clientco for the entertainmentComment
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Originally posted by Lance View PostIt would be barely credible if Rishi had introduced IR35 rather than Gordon Brown.
All Rishi has done is delay implementation of private sector reforms. Hardly a move done purely for self-interest.Originally posted by Lance View Postby delaying it?????
While he wasn't necessarily responsible for the current trajectory since the implementation of the public sector off-payroll rules but by Christ he and Boris Johnson used the whips to devastating effect in July to push the off-payroll rules through parliament, likewise to ensure amendments to the loan charge didn't happen.
Here is a man whose family isn't just wealthy, they are obscenely rich by undercutting IT firms in the UK (and undoubtedly in other countries) and ensuring that contractors can effectively no longer compete with them.
It's an absolute travesty for anyone impacted by it, whether it's been a long time coming or not.
What I also dislike is the positioning of contractors in the public mind as tax avoiders. A classic distraction tactic while his family funnels money through Mauritius (see Rishi Sunak's wife owns part of firm that funnelled money through Mauritius | World news | The Guardian), he's got his blind trusts and goodness knows what else. It won't just be Sunak and family, I suspect all of the treasury ministers and entire cabinet have schemes of one form or another in play, all while accusing everyone else of dishonesty.Comment
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Either way if you are complaining about Infosys or co you are looking in the wrong place.
Come January I can bring in IT workers on £25k a year from anywhere in the world - that's a lot more than they get in India / Pakistanmerely at clientco for the entertainmentComment
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Originally posted by eek View PostEither way if you are complaining about Infosys or co you are looking in the wrong place.
Come January I can bring in IT workers on £25k a year from anywhere in the world - that's a lot more than they get in India / Pakistan
Hey... I think I’ve seen this one.Comment
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Originally posted by ShandyDrinker View PostYou cannot seriously be defending Rishi Sunak?
While he wasn't necessarily responsible for the current trajectory since the implementation of the public sector off-payroll rules but by Christ he and Boris Johnson used the whips to devastating effect in July to push the off-payroll rules through parliament, likewise to ensure amendments to the loan charge didn't happen.
Here is a man whose family isn't just wealthy, they are obscenely rich by undercutting IT firms in the UK (and undoubtedly in other countries) and ensuring that contractors can effectively no longer compete with them.
It's an absolute travesty for anyone impacted by it, whether it's been a long time coming or not.
What I also dislike is the positioning of contractors in the public mind as tax avoiders. A classic distraction tactic while his family funnels money through Mauritius (see Rishi Sunak's wife owns part of firm that funnelled money through Mauritius | World news | The Guardian), he's got his blind trusts and goodness knows what else. It won't just be Sunak and family, I suspect all of the treasury ministers and entire cabinet have schemes of one form or another in play, all while accusing everyone else of dishonesty.
And jealousy of success is not a good look for an IT contractor. It makes you sound like a whining permie.
And his offshore tax arrangements are not really relevant to Indian consultancies. I think they're bad. I think someone in a public office should be closing these down not using them. But that is a very different point and better off in general.See You Next TuesdayComment
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The new IR35 rules are irrelevant to InfoSys. InfoSys is already "obscenely rich", and the rules haven't take effect. A large number of contractors work through InfoSys. In fact it will probably hit their profitability because they'll have to reduce their margins. The winner from the new rules is the treasury.I'm alright JackComment
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Originally posted by Lance View PostI'm neither defending him, nor suggesting what he's done was wrong. You read too much into what I said. I just think that suggesting he is acting or pure self interest is not matched by the facts.
And jealousy of success is not a good look for an IT contractor. It makes you sound like a whining permie.
And his offshore tax arrangements are not really relevant to Indian consultancies. I think they're bad. I think someone in a public office should be closing these down not using them. But that is a very different point and better off in general.
Before becoming a contractor, I spent years working for IT companies pimping me out as a developer to all and sundry watching many people being wealthy off the back of hard work of myself and people like me. Being a contractor meant cutting out these bottom feeding middle men and women. All that has happened now, in the great British tradition, we've added a layer of people taking their pound of flesh.
Originally posted by eek View PostEither way if you are complaining about Infosys or co you are looking in the wrong place.
Come January I can bring in IT workers on £25k a year from anywhere in the world - that's a lot more than they get in India / Pakistan
In terms of bringing people into the UK, as I pointed out this very thing to my local MP, rather tongue in cheek the response was that they have to have the offer of a job in the UK before being able to get a work permit, and that assumes they've scored enough points to be able to do so.
Congratulations to you if you can indeed do this though and make a success of it. It's not exactly helping the IT industry in the UK though is it?Last edited by ShandyDrinker; 30 November 2020, 10:24.Comment
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Originally posted by ShandyDrinker View PostIt's not exactly helping the IT industry in the UK though is it?
If you mean consultancies then it does.
If you mean clients then it does.
If you mean workers already in the UK then it doesn't.See You Next TuesdayComment
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Originally posted by Lance View Postdepends who in the IT industry you mean?
If you mean consultancies then it does.
If you mean clients then it does.
If you mean workers already in the UK then it doesn't.
As I say, kudos to eek if he can skim more off the top by bringing people in from other countries to complete projects, but this does signify everything that is wrong with the UK. Probably not a popular opinion though I expect.
I'm usually staunchly for the free market, providing everyone is fighting on a level playing field. Having had a lot of interaction with my local MP over the last decade on everything from abuse of Intra-Company Transfers through to the off-payroll rules, I can see that in reality the system is utterly bent with vested interests using the government to bend legislation for their own ends. It's downright depressing to have what you've always suspected to be true to be proven so. I'd say it's enough to make anyone become socialist, but then they're just as bad, but in different ways.
Although deep for a Monday, the system really does need rebalancing to give the little guy a fighting chance - it's no coincidence that the 1% have become even more obscenely wealthy during the pandemic, while everyone else suffers and will do so for a long time to come.Last edited by ShandyDrinker; 30 November 2020, 11:24.Comment
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