Lloyd’s / Bank of Scotland / Halifax - IR35 choices

[GhostofTarbera]

The biggest client for contractors (by a long way) in he UK has decided on the following options for all contractors (no exception) / starting soon

1. Take a Permie role (if you have not been offered a permit role you are not in zzzzzList)

2. Take new contract inside IR35 - no rate increase, take it or leave it

3. Leave the bank - go away


Roles will be filled by wipro who leave




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[BR14]

oh, dear.
what a shame.
never mind.



oh, sorry
<sent from my arse using a hypertumbleweed junction and kidney beans>

[Scruff]

IBM

[DimPrawn]

The biggest client for contractors (by a long way) in he UK has decided on the following options for all contractors (no exception) / starting soon

1. Take a Permie role (if you have not been offered a permit role you are not in zzzzzList)

2. Take new contract inside IR35 - no rate increase, take it or leave it

3. Leave the bank - go away


Roles will be filled by wipro who leave




Sent from my iPhone using Contractor UK Forum

I said this would begin to happen, you all said "we are IT contractors, we pick and choose our clients and name our rates"

[vetran]

The biggest client for contractors (by a long way) in he UK has decided on the following options for all contractors (no exception) / starting soon

1. Take a Permie role (if you have not been offered a permit role you are not in zzzzzList)

2. Take new contract inside IR35 - no rate increase, take it or leave it

3. Leave the bank - go away


Roles will be filled by wipro who leave




Sent from my iPhone using Contractor UK Forum

should increase tax take that

[Whorty]

I said this would begin to happen, you all said "we are IT contractors, we pick and choose our clients and name our rates"

I do, thanks

None of this tulip is going to impact me

[FIERCE TANK BATTLE]

Companies are dumb and they always do stuff like this, just like the UK naturalised Indian CEO that dismissed a whole contracting team so they could outsource it to his mates back home cos it was cheaper, except the replacements were absolutely incapable of even comprehending how the system worked nevermind actually doing work on it.

Their solution to failing unit tests was to delete the tests

tulip will hit the fan, deadlines will loom, Bigwigs will ask what's going on, hiring managers will tulip bricks and find a way to rehire, business will continue as usual

[TwoWolves]

Companies are dumb and they always do stuff like this, just like the UK naturalised Indian CEO that dismissed a whole contracting team so they could outsource it to his mates back home cos it was cheaper, except the replacements were absolutely incapable of even comprehending how the system worked nevermind actually doing work on it.

Their solution to failing unit tests was to delete the tests

tulip will hit the fan, deadlines will loom, Bigwigs will ask what's going on, hiring managers will tulip bricks and find a way to rehire, business will continue as usual

This. Businesses will have to feel the burn before they start to find solutions. We will, in the mean time have to find a way of exitisting through this government-created mess.

[Major Hassle]

The biggest client for contractors (by a long way) in he UK has decided on the following options for all contractors (no exception) / starting soon

1. Take a Permie role (if you have not been offered a permit role you are not in zzzzzList)

2. Take new contract inside IR35 - no rate increase, take it or leave it

3. Leave the bank - go away


Roles will be filled by wipro who leave




Sent from my iPhone using Contractor UK Forum

I’ve had conversations along this line but nothing official has come out from Pontoon as yet.

[al_cam]

This. Businesses will have to feel the burn before they start to find solutions. We will, in the mean time have to find a way of exitisting through this government-created mess.

This.

I was working a public sector contract when they had the IR35 changes - I left, they realised they couldn't replace me with their outsourced IT supplier so they scrabbled around for a while trying different solutions before upping my rate to cover the additional tax.

The public sector won't want to pay more for contractors so will hopefully finally learn the difference between permies and contractors and be better at proper contracts and working practices.