Might CV actually offer a boom for contractors longer term?

[d000hg]

We've all been doom and gloom about CV being the nail in the IR35 lid of contracting's coffin.

But think about it, many companies are laying off workforce or will be. They are trying to make huge differences to how they work, and after CV they will again have to adjust very quickly with a depleted workforce.

I wonder if that's an opportunity for contractors to provide temporary work before companies are confident to re-hire permanent staff, 6/9/12 months down the line?

[BR14]

dream on, son

[Old Greg]

We've all been doom and gloom about CV being the nail in the IR35 lid of contracting's coffin.

But think about it, many companies are laying off workforce or will be. They are trying to make huge differences to how they work, and after CV they will again have to adjust very quickly with a depleted workforce.

I wonder if that's an opportunity for contractors to provide temporary work before companies are confident to re-hire permanent staff, 6/9/12 months down the line?

Oh my sweet summer child.

[d000hg]

Maybe it's only an opportunity for good contractors, not washed-up-bum-on-seat-permietractors

[BR14]

Maybe it's only an opportunity for good contractors, not washed-up-bum-on-seat-permietractors

[Scoobos]

Personally, I think it may.

I also think that HMRC are going to be so royally overworked trying to implement this crackerjack financial support - that IR35 will be the least of their priorities.

[ladymuck]

There is always opportunity when times get tough. It's not necessarily something that will benefit contractors over any other group. It's more about being able to spot an opportunity and being willing/able to take a risk on it. Some will see an opportunity but not be able to do anything with it; others will completely miss it and then get grumpy when they realise they missed the boat. 'tis the way of the world whether its boom time or bust.

[Cirrus]

They are trying to make huge differences to how they work,

Is there really going to be a change? CV is just halting current business. An intermission. When it's all over, won't everybody just revert to what they were doing before?

[CheeseSlice]

Is there really going to be a change? CV is just halting current business. An intermission. When it's all over, won't everybody just revert to what they were doing before?

Thats the government plan, but the reality is that they cant save everyone. There isnt a big magic pause button. The economy is in freefall and theres just some guy below running around with an old net with some holes in it.

[TwoWolves]

Is there really going to be a change? CV is just halting current business. An intermission. When it's all over, won't everybody just revert to what they were doing before?

Prior to this outbreak, the markets were in the early stages of bubble collapse - a process that started in earnest in late 2019. The central banks are now making things a lot worse in that respect and while we are in the eye of the storm it may not be apparent but when this is over the real pain starts.