Indian Visa Scheme and IR35

[Lockhouse]

As I understand it, under the new visa scheme, Indian nationals will be exempt from both Employer's and Employee's NI for three years.

So if they come over here and get an inside IR35 contract, they'll be quids in compared to us Brits.

That can't be right surely?

[CoolCat]

they will mainly be working for the Indian outsourcers, Cognizant, Tata, Wipro, Infosys etc

they already had exemption from NI for the 1st 12 months, they already pair people up, one in India & one in UK, & swap them every 12 months, so they perpetually have an NI exempt full time equivalent here displacing a local from the workforce. this will just make it worse.

and of course workers for the Indian outsourcers get to pay their workers expenses tax free for lots of things people within IR35 cannot claim tax free

and its worse than that too, as they get to claim a lot of things tax free as supposed expenses that Brits working away from home within the UK get to claim

layered on top of it being much harder for Brits to get a work visa to India than it is for an Indian national to get a work visa here

layered on top of Indian citizens being commonwealth citizens get to vote here and distort our elections

layered on top of the fact they bring their family it and get free schooling and healthcare, and its often timed so that they come in precisely when they need expensive medical care. for a lot of them the free schooling is worth more to them than their actual salary.

layered on top of the massive amount of stealing of British intellectual property and sending it back to Indian to undercut this country which goes on

layered on top of the fact any who have children here never ever get sent home

layered on top the vast numbers who transition from work visa to indefinite leave to remain and then onto British passports simply for working here a while

[Protagoras]

https://www.thehindu.com/news/nation...le69545414.ece

"Three-year exemption from social security payments for Indian employees working in the U.K."

It's hard to see how this doesn't put UK consultancy, outsource and freelance businesses at competitive disadvantage, with consequent negative impact on British workers.

[xoggoth]

Think Coolcat sums it up. Can't see anything in news about whether or not they get benefits of NHS etc. while paying no NI but I daresay they will.

It won't be reciprical either, the number of Indians currently working in the UK is about 25 times the number of British citizens working in India. Suppose the plus side is that Indians (and Chinese) are by far the most useful migrant groups but on the other hand we don't need more expansion of our bloated population.

And, according to a pro-EU group, this deal will boost the economy by just 1/20th of the 2.2% that a deal with the EU will provide.

Starmer secures Britain’s biggest post-Brexit trade deal with India | The Independent

That article also says "The deal is also expected to make it easier for Indian chefs, musicians and yogis to come to the UK" Wow! More restaurants and yoga classes! Just what we need!

[Bluenose]

time to buy Indian tech consulting stocks as the UK/EU ones are gonna go bust.

[xoggoth]

In DT says the benefit of this deal, according to the UK Government’s own estimates, is just 0.1 per cent of total GDP. Wow!

[eek]

In DT says the benefit of this deal, according to the UK Government’s own estimates, is just 0.1 per cent of total GDP. Wow!

Because if the indian team I'm working with at the moment are typical (and past experience tells me they are) 1 UK contractor will do the work of 6 of them..

[dsc]

As I understand it, under the new visa scheme, Indian nationals will be exempt from both Employer's and Employee's NI for three years.

So if they come over here and get an inside IR35 contract, they'll be quids in compared to us Brits.

That can't be right surely?

It "only" covers people who are working for an Indian company...so big consultancy corps must be laughing.

[courtg9000]

by my reckoning that means Tata, Wipro et al can undercut any other consultancy co by a minimum of around 10% on deal pricing. On top of that with the reduction in rates (project/deal cost) certainly on the commercial side that the PE sector is driving on PS it probably means more work sent back to India too to drive the cost even lower. By my reckoning this is the beginning of the end of the traditional PS models and one of many nails in the tradtional contracting coffin and there have been a few of those over the years.

[DoctorStrangelove]

Ah well, it's on with the needful doings, plenty quickness and much crapness, Bob's yer job.

And it'll all help a certain politico's mrs get richer, no doubt about it.

Colour me cynical. .