Originally posted by WTFH
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Contracting role offer - but now IR35 being repealed...
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This is what happens when newbies post in the wrong forum..."I can put any old tat in my sig, put quotes around it and attribute to someone of whom I've heard, to make it sound true."
- Voltaire/Benjamin Franklin/Anne Frank...Comment
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Originally posted by cojak View PostThis is what happens when newbies post in the wrong forum...- a lack of reading comprehension skills
- any understanding of how markets work
- an unwillingness to do research while expecting everything to be given to him on a plate
merely at clientco for the entertainmentComment
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Originally posted by vetran View Post
Nice recommending burying your head and hoping HMRC don't knock is your advice considering your dismissive attitude.
Now if you recommended a contract review & if possible insurance then if HMRC come calling they get a legal letter telling to go forth that should make you look less like an easy target and hopefully less worth pursuing. HMRC are short on capacity but they are quite willing to expend considerable amounts of our money if they smell blood.
The other thing I'm hearing is that agencies are starting to realise that April is going to be a complete mare for them as people seek outside work...
I really wouldn't be surprised if HMRC are pressurised into giving reassurances that April 2023 inside to outside contracts get a free pass...Last edited by eek; 27 September 2022, 13:17.merely at clientco for the entertainmentComment
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Originally posted by Inspired View Post
Thank you for your well reasoned response. It's a possibility after April then that clients reduce their rates for the same jobs as contractors can now go outside IR35 so they would be prepared to accept those lower rates, in which case market rates would fall.
For a start the supply and demand you base all this on isn't really what you think and doesn't drive the price like it would in a clear cut supply and demand..
But either way, do you really understand contracting enough to be making these guesess. Your posts indiciate not.Last edited by northernladuk; 27 September 2022, 13:21.'CUK forum personality of 2011 - Winner - Yes really!!!!Comment
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Originally posted by Inspired View Post
Like you said previously, clients will pay around market rates for a role. Market rates are obviously determined by supply/demand. If the majority of contractors in that market segment post April are prepared to accept lower rates as they can go outside IR35, then obviously the supply curve has shifted to a lower price, in which case market rates will decrease. This was effectively what I said to you in my previous reply and hence is logically sound. Therefore, I ask you, "I'm not sure what your problem is with reading comprehension"....
So, if you want to hold off on taking a contract until rates go up, go for it. If you've got a warchest that will hold out, and you're happy, then do it.
Your original post, and several of your comments on this thread have been about how you want to demand more money from end clients now based on something that might happen in the future, shows that you're probably some sort of data analyst who doesn't function in the real world.
A client will offer a role at a given rate based on the current market. They don't offer a rate today based on future market changes.
And clients will not suddenly offer £100 per day more (or £100 per day less) for all contracts just because it's gone from FY23 to FY24 (unless the government introduces a rule that directly affects the client)…Maybe we ain’t that young anymoreComment
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Originally posted by eek View Post
The flow chart is meant as a joke - but based on a couple of conversations yesterday HMRC really aren't happy about Friday's changes because Chapter 8 investigations are beyond painful for them...
The other thing I'm hearing is that agencies are starting to realise that April is going to be a complete mare for them as people seek outside work...
I really wouldn't be surprised if HMRC are pressurised into giving reassurances that April 2023 inside to outside contracts get a free pass...Always forgive your enemies; nothing annoys them so much.Comment
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Originally posted by vetran View Post
sorry missed the sarcasm tag, dealing a bunch of numpties at work today. Grrrrr
In reality were I to use that flowchart for the general public it would be a bit clearer than that and more focussed on working practices than magic phrases.
The biggest issue going forward probably isn't IR35 it's going to be not being caught by the MSC legislation...merely at clientco for the entertainmentComment
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Originally posted by vetran View Post
sorry missed the sarcasm tag, dealing a bunch of numpties at work today. GrrrrrComment
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Originally posted by sadkingbilly View Post
the ironingAlways forgive your enemies; nothing annoys them so much.Comment
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