Originally posted by seeourbee
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Staying in the same public sector contract after April 2017
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I'm not. If the old rules are saying that the turnover figure (nevermind the 5% for now) is to be treated as salary it literally leaves no cash to pay any ERS NI. That's my point.Comment
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Originally posted by seeourbee View PostI'm not. If the old rules are saying that the turnover figure (nevermind the 5% for now) is to be treated as salary it literally leaves no cash to pay any ERS NI. That's my point.
Yes, if yourCo turnover is 100K, you (personally) will be worse off than an employee with a salary of 100K.Comment
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Thanks that clarifies it I think. I always knew it sought to put things equal I never dreamt it intended to make you worse off than an employee (to the tune of 13%!). That's criminal, can't understand how that became law.Comment
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Originally posted by seeourbee View PostThanks that clarifies it I think. I always knew it sought to put things equal I never dreamt it intended to make you worse off than an employee (to the tune of 13%!). That's criminal, can't understand how that became law."You’re just a bad memory who doesn’t know when to go away" JRComment
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Originally posted by seeourbee View PostThanks that clarifies it I think. I always knew it sought to put things equal I never dreamt it intended to make you worse off than an employee (to the tune of 13%!). That's criminal, can't understand how that became law.
Agency Workers Regulations - NHS EmployersLast edited by Andy Hallett; 3 February 2017, 20:15.Comment
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Originally posted by Andy Hallett View PostNot technically a criminal offence but some of you might want to dig up AWR from its shallow grave.....
Agency Workers Regulations - NHS EmployersComment
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Originally posted by seeourbee View PostThanks that clarifies it I think. I always knew it sought to put things equal I never dreamt it intended to make you worse off than an employee (to the tune of 13%!). That's criminal, can't understand how that became law.
Client to pay £100K salary costs the client £100K + EmploYER NI
Client to pay contractor £100K invoice costs the client £100K + Agency markup + VAT (which most can reclaim back) = a ton of cost to the Client.
An apples to apples comparison would be if the contractor was getting the same as the employee salary £100K + EmploYER NI then the net to both under IR35 would be the same and the cost to the client if it was a direct contract would be the same.
Law has nowt to do with it.This default font is sooooooooooooo boring and so are short usernamesComment
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Originally posted by MPwannadecentincome View PostSimple.
Client to pay £100K salary costs the client £100K + EmploYER NI
Client to pay contractor £100K invoice costs the client £100K + Agency markup + VAT (which most can reclaim back) = a ton of cost to the Client.
An apples to apples comparison would be if the contractor was getting the same as the employee salary £100K + EmploYER NI then the net to both under IR35 would be the same and the cost to the client if it was a direct contract would be the same.
Law has nowt to do with it.Blog? What blog...?Comment
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Supposing I stayed in a simliar role but PS client wanted to convert to FTC for 6 months to complete the project we were all working on. How red a flag would this be to HMRC? Assuming working practices were the same, it's currently outside based on lack of SDC (though I'd be nervous about having to fight it) but agency is taking a blanket "we don't care, we're calling you all inside" attitude.Comment
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