Spoke with an ex-colleague/mate last week who has been at a large bank in London for 3 years now. Seems all the contractors there are just switching to Inside overnight and have no idea of the risks. I told him the risks, and he said no-one there knew (yeah I know, they should, but reality is most sign on the dotted line without reading and never bother to look further).
The best thing for all of us is if all contractors realised the risks of staying and walked. Clients obviously don't want all their projects gutted of skilled people overnight, and maybe then they will start to scream and give it to hmrc. Clients are happy to put contractors in a vulnerable position, just as long as their projects carry on.
HMRC seem to totally ignore that to clients contractors are highly skilled experienced people they can bring in quickly, not have to train up, do the work, and get rid of easily later. They can't just be treated or labelled as 'employees', its a whole different role. I suspect when this starts to hurt clients, hmrc will be forced to backtrack a bit (like an amnesty).
The best thing for all of us is if all contractors realised the risks of staying and walked. Clients obviously don't want all their projects gutted of skilled people overnight, and maybe then they will start to scream and give it to hmrc. Clients are happy to put contractors in a vulnerable position, just as long as their projects carry on.
HMRC seem to totally ignore that to clients contractors are highly skilled experienced people they can bring in quickly, not have to train up, do the work, and get rid of easily later. They can't just be treated or labelled as 'employees', its a whole different role. I suspect when this starts to hurt clients, hmrc will be forced to backtrack a bit (like an amnesty).
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