New insurance policy - will it unblock outside IR35 PSC gigs?

[inniAccounts]

You == contractors.

This has been in contracts for some time before public sector roll out. See post yesterday by cojak ([https://www.contractoruk.com/forums/...ultant-3.html])

As to if the market will go this way - someone's messaged me this afternoon to say they're working with an agent + client (big) together on this type of solution - managed assessments + insurance backed. Let's see if they get any traction...

[Paralytic]

You == contractors.

How could that work when the contract is between a Ltd Company and an agency. How could the liability be transferred to the contractor?

[inniAccounts]

How could that work when the contract is between a Ltd Company and an agency. How could the liability be transferred to the contractor?

You == contractor's PSC

[krytonsheep]

unblock blanket anti-PSC policies.

Thoughts?

The upper management at tech/ finance firms I know, have a general dislike for contractors. Part of the reason is because it demoralises the permies who are doing the same job as the permie-tractors but for less money. So from that perspective having contractors which are on PAYE/umbrella helps level the playing field for the client. That's not to say having a few specialists working outside IR35 isn't going to happen, but you can start to understand why blanket decisions are made (its not all about risk).

[northernladuk]

Thougts? No.

[Manic]

Are Zurich not one of the big corps blanketing?

[eek]

The upper management at tech/ finance firms I know, have a general dislike for contractors. Part of the reason is because it demoralises the permies who are doing the same job as the permie-tractors but for less money. So from that perspective having contractors which are on PAYE/umbrella helps level the playing field for the client. That's not to say having a few specialists working outside IR35 isn't going to happen, but you can start to understand why blanket decisions are made (its not all about risk).

No - contractors scare management in those firms because if the contractors stay long term it may encourage the permanent staff to leave and go contracting.

Moving those contractors onto payroll, doesn't solve anything there as the contractors will still earn more (albeit less than before). I really don't think it levels the playing field out all except in the green eyed monster sense (and even then it doesn't work).

[eek]

Are Zurich not one of the big corps blanketing?

Shall we look at inniAccounts offpayroll website?


Hmm, would you purchase a policy even the insurance company issuing it does't trust.

[inniAccounts]

Thanks for mentioning Find fairer IR35 clients. OffPayroll.org.uk, eek - it's appreciated. It's been busy over the last 24 hours - contractors have provided IR35 insights on over 94 clients and 40 agents.

As for Zurich - two points: they're the underwriter in this chain, not the provider. And secondly, looking at that review Find fairer IR35 clients. OffPayroll.org.uk it looks like they are technically assessing IR35 fairly using CEST, but the contractor in question feels that CEST is (quite rightly) leading to unfair determinations. Which is a different topic.

[eek]

Thanks for mentioning Find fairer IR35 clients. OffPayroll.org.uk, eek - it's appreciated. It's been busy over the last 24 hours - contractors have provided IR35 insights on over 94 clients and 40 agents.

As for Zurich - two points: they're the underwriter in this chain, not the provider. And secondly, looking at that review Find fairer IR35 clients. OffPayroll.org.uk it looks like they are technically assessing IR35 fairly using CEST, but the contractor in question feels that CEST is (quite rightly) leading to unfair determinations. Which is a different topic.

Remember my previous comment about your options being incorrect....