• Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
  • Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!

HSBC inside IR35 contract

Collapse
X
  •  
  • Filter
  • Time
  • Show
Clear All
new posts

  • northernladuk
    replied
    Originally posted by BrandNewOne View Post
    For IR35, are you paid through your personal current account..
    We've another post on here at the moment that's made a big mistake not understanding how inside IR35 works and it's costing him dearly. Please do a bit more research about the way you are employed before you do the same.

    Leave a comment:


  • BrandNewOne
    replied
    Originally posted by fullyautomatix View Post
    I did a similar contract last year, the contract will come through fine. After that there is the reference checks, that takes 4 weeks. You cannot go onsite without that. They used to ship laptops during Covid, but they have stopped it, I think they had issues procuring laptops. The latest is that you use your own laptop and Citrix or VDI or something I do not know.

    It was March last year that HSBC blanket stopped outside IR35 even for consultants from other companies like Accenture. Pretty much everyone moved to inside IR35, or took permie positions or left the company.
    Thanks so much. How many days did you wait..it's been since Monday evening for me.

    Also, what type of checks did they do..

    For IR35, are you paid through your personal current account..

    Leave a comment:


  • BigDataPro
    replied
    Originally posted by fullyautomatix View Post
    ...They used to ship laptops during Covid, but they have stopped it, I think they had issues procuring laptops...
    Tell me about it. I have 3 laptops waiting to be collected. No wonder they have hard time procuring...

    Leave a comment:


  • fullyautomatix
    replied
    I did a similar contract last year, the contract will come through fine. After that there is the reference checks, that takes 4 weeks. You cannot go onsite without that. They used to ship laptops during Covid, but they have stopped it, I think they had issues procuring laptops. The latest is that you use your own laptop and Citrix or VDI or something I do not know.

    It was March last year that HSBC blanket stopped outside IR35 even for consultants from other companies like Accenture. Pretty much everyone moved to inside IR35, or took permie positions or left the company.

    Leave a comment:


  • rocktronAMP
    replied
    Originally posted by Lance View Post
    eh?????
    What's that got to do with the price of fish?
    I am conflating. You're correct.
    I surmised if this was a small company exempt from Off Payroll Worker Rules then the OP would be `outside` of scope regarding IR35. It'd be happy days.
    But, my surmising is irrelevant.

    Leave a comment:


  • ContractorHardman
    replied
    Resource Solutions are the administrators of the contract. Even if the manager has raised it on the system, it will still probably have to go through layers of sign off. They will probably need to get one of the admins to stop playing with their X-box to do the details.

    Leave a comment:


  • Lance
    replied
    Originally posted by rocktronAMP View Post
    granted ... and Resource Solutions, surprise surprise, do not fall under the small company exemption 2 out of 3 criteria.
    eh?????
    What's that got to do with the price of fish?

    Leave a comment:


  • rocktronAMP
    replied
    Originally posted by eek View Post
    It's a direct recruitment with contract management outsourced to resource solutions.

    a lot of large companies will do the same
    granted ... and Resource Solutions, surprise surprise, do not fall under the small company exemption 2 out of 3 criteria.

    Leave a comment:


  • eek
    replied
    Originally posted by rocktronAMP View Post
    So it is not a direct contract with HSBC then
    It's a direct recruitment with contract management outsourced to resource solutions.

    a lot of large companies will do the same

    Leave a comment:


  • rocktronAMP
    replied
    Originally posted by Lance View Post
    hmm... RSG get paid for you being onsite. They are NOT going to delay this with their bureaucracy as that changes how quick they get paid.
    Wait another day or two then ask again.
    So it is not a direct contract with HSBC then

    Leave a comment:

Working...
X