You can now almost Smell the end of IR35 - New announcement!

[malvolio]

The people who are worrying are the PCG. Come October their membership will be in terminal decline....

We're not worried. Lookiong at it one way, if we lose IR35 from the statute books then we have acheived our aims and we could simply shut up shop, share the contents of the bank account around the remaining membership and go home. It's not like we're a business or anything, unlike quite a few other companies that depend on IR35 for their existence. Alternatively there are a raft of other threats on the horizon, such as the EU's attitude to freelance contractors (that makes IR35 look like trivia) and the ongoing ICT abuses that need to be opposed. PCG these days is a lot bigger than IR35; we are still a major lobbying organisation with a huge reputation where it matters that will survive the demise of IR35.

[swamp]

But that kind of optimisim is similar to you being a fluffy rabbit and the hunter misses with the first shot. Your optimistic bunny thinks that he will give up and go home. The realism of it is he is going to getting a bigger ******* gun and blow your ass off for sure second shot. Think about why they want IR35 of similar. The whole idea of this is to get MORE money in. Based on that you would have to be one hell of an opimist... or blind... not to see something coming that is worse and benefits only the HMRC's income. If the HMRC wants more money then it can only mean more of us are going to have to pay. Optimism is for the weak. Realism rules.

HMRC are always looking for more money, but HMRC aren't conducting the review.

I just don't think the Conservative led coalition will want to upset several hundred thousand of their natural voters.

[SueEllen]

HMRC are always looking for more money, but HMRC aren't conducting the review.

I just don't think the Conservative led coalition will want to upset several hundred thousand of their natural voters.

It doesn't stop them imposing rules from the EU on us and hiding behind that smoke screen.

[swamp]

It doesn't stop them imposing rules from the EU on us and hiding behind that smoke screen.

The PCG can deal with Europe.

[centurian]

I assume we will have to up our rates to cover for this

Well, you can ask ClientCo to stump up more - but in the current climate the answer you'll proabably get is

[dynamicsaxcontractor]

Well, you can ask ClientCo to stump up more - but in the current climate the answer you'll proabably get is

I think there are different climates in different markets, if I had to pay more tax I would up my rates to cover for this. If they then can find someone doing the job cheaper, good luck to them.

[worzelGummidge]

Nope, but I can guarantee they will look at CIS as a success story for dealing with contractors (even though it doesn't really apply).

They may or may not base the rules on sub or super set of the CIS rules.

I bet that they don't. The CIS scheme is a real dogs dinner. Much more bureaucratic and time consuming than IR35. It is killing small building companies with the number of silly forms and ID checks that are required.

[swamp]

I think they may just scrap IR35 and have a rule that says you can't work for the same company you were a permie at for 2 years or the client will have to pay NI.

[centurian]

I think there are different climates in different markets, if I had to pay more tax I would up my rates to cover for this. If they then can find someone doing the job cheaper, good luck to them.

They why wait for the new rules. Put your rates up now and make even more.

The point is that ClientCo's don't care about our tax arrangements, so if they will pay more when the new rules come in, they will pay more now. If they won't pay now now, they still won't pay more when the new rules come in.

[dynamicsaxcontractor]

They why wait for the new rules. Put your rates up now and make even more.

The point is that ClientCo's don't care about our tax arrangements, so if they will pay more when the new rules come in, they will pay more now. If they won't pay now now, they still won't pay more when the new rules come in.

I will.... anyway back to the subject.

I think some contractors might look at going perm if taxes went up a lot. For myself, why would I be away from home all week if I could get a nice perm role round the corner earning similair money? Ok, I wouldn't go perm anyway cause I can't stand the thought.....

I think this country will miss out on alot if they made contracting less rewarding, a flexible workforce is very important to the economy, they know it and won't put the taxes up (much).