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Yes, but you'll be working through 3 levels of intermediaries just to get your foot in the door. I did a goverment contract once where the gov as end client was paying 1 consultancy, subcontracting to another consultancy, subcontracting to another consultancy, subcontracting to my ltd. I never found...
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Whilst I don't have much optimisim about it, lets see this budget before we condem it. We've been an easy target for a while now, there isn't much meat left on this carcass for the vultures.
I agree though, the advantages of being incorporated are not really paying lower rates of taxation....
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Lucky, yes. Or perhaps more that I have not been unlucky, as investigations are fairly rare.
But I appreciate what you are saying, and am ready to listen and learn. Are you able to provide a summary of your approach to IR35? What have you spent a lot of time on? How do you manage your contracts?...
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I looked it up and it looks like they provide cover and do a status review as a package, which makes sense to me. Do you know if the insurance they sell you after the review is then guaranteed to be valid (assuming nothing changes that would affect the review)?...
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Been contracting since 2001. Mostly I have just been too busy working to have time to even think about it.
I do actually have insurance that will pay towards the costs of an investigation - the standard insurance that comes with an IPSE subscription and also covers jury service.
...Last edited by willendure; 4 October 2024, 12:20.
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I was wondering what the get out clause would be...
Do they give you an up front assessment of the "Prospect of Success" clause? I mean do they review your contract and ask about the reality of your working relationship and so on, and then say either Yes/No this insurance is valid....
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... turns out the big secret is ... He is really Dilbert!
I think he bears some resemblance to Dilbert, can't unsee it after I first noticed it.
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I agree - thats what it really became about. Sunaks wife owned a share of Infosys. As PM he gave out huge numbers of Tier 2 visas. Infosys for £100 million in govt IT contracts. We got stuffed....
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You can get insurance that would cover the extra tax they would make you pay? Is it expensive to get this insurance?...
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You are kind of missing the point. I don't think Amazon think working from the office is better for their bottom line. But getting rid of some people without paying them redundancy certainly will be. If the economy was strong, people would happily leave knowing they can find something better. Just counting...
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Chill, I just passed on a few contacts as a friendly favour....
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Consider the recent announcement by Amazon that all workers are to return to the office full time. Is it really because they think that improves productivity? Studies have shown that flexible working is good for productivity. Its really about shedding some of the work force without having to resort...
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"So contract needs to tick all boxes" - the point I was making....
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Thanks for the "advice". Yes, I know the difference between business and personal. Its not like "warchest" is some precisely defined term, it can mean different things to different people. But yes, I know that money kept in the business is at risk.
Not so long ago I...
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It depends on what you do with the inside earnings. Probably the best you can do is to divert as much of it as you can into a SIPP pension, because that is tax free up to £60K/year. So going inside might not actually be too bad compared with the equivalent rate outside. A well paid inside rate would...Last edited by willendure; 24 September 2024, 15:37.
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Right. But I mean if investigated whats the first thing they are going to ask for? The contract. And then follow on from there. I mean without seeing the contract they won't even know what work I have been doing, or who they might talk to verify my claims and so on. So I think its still the primary...
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When I was still in my 20s - 1/2 a day. Arrived onsite as the new Java developer. Management realized the application was in C# and they had hired the wrong guy. Was told to go away, but paid for the whole week. Went home and took my girlfriend out....
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https://www.bbc.co.uk/news/live/c05g...460462449#post
Government to tackle 'economic dependency on net migration'
Should be a positive for contractors, if it happens.
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This is true. My client recently posted for a developer on LI and got > 300 applications. Not one of them had real experience of the main skill being sought! I was able to find them 4 or 5 good candidates by posting to the jobs channel on some relevant Discord groups....
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6 October 2024
- 06:55 - BigDataPro clicked Likes for this node: State of the Market by willendure
- 06:54 - BigDataPro clicked Likes for this node: State of the Market by willendure
5 October 2024
- 08:32 - sadkingbilly clicked Likes for this node: State of the Market by willendure
4 October 2024
- 18:37 - ladymuck clicked Likes for this node: State of the Market by willendure
- 08:28 - xoggoth clicked Thanks for this node: Sir Kier Starmer and the rumours... by willendure
- 08:28 - xoggoth clicked Likes for this node: Sir Kier Starmer and the rumours... by willendure
17 September 2024
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30 August 2024
- 10:51 - ladymuck clicked Likes for this node: SSAS Pensions by willendure
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