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No one has been deemed inside or outside IR35 at RBS. There have been no determinations. There is no retrospective risk. If there had been determinations, I would agree with you. But there is no risk, RBS has gone for PSC blanket ban so does not have the issue of people being deemed inside IR35
FYI - RBS execs met yesterday to discuss the Government Coronavirus stimulus package, which included helping contract staff by delaying IR35 reforms
The RBS group are about to announce that they are not going to extend the benefit of the delay to contractors, but will instead press on with...
Simple question. Help appreciated.
Are there any FCSA approved umbrella companies that offer tax planning and optimisation over and above the standard PAYE arrangements, for a very short-term contract?
Any recommendations appreciated.
Well aware of some of the opinions on the above - looking...
Umbrella Recommendations
Umbrella Recommendations
Simple question. Help appreciated.
Are there any FCSA approved umbrella companies that offer tax planning and optimisation over and above the standard PAYE arrangements, for a very short-term contract?
Any recommendations appreciated.
Well...
I fear it will be worse than that...
Pretty soon all this will be forgotten and the “new normal”
The large firms will say, why have I got people I pay pensions, sick pay, holiday pay, health insurance, death-in-service, that I can’t fire or restructure? Why don’t I make them all like the...
I love that a serious topic is just a playground for your inside-baseball jokes. I don't come here often, but I do recognise your profile and I'm unsure of ever seeing a sensible contribution from you.
Not at all. Competition law is there to protect suppliers. Large companies can't form a working group to decide how they deal with suppliers if that compresses the market. Competition law prevents that. Or should.
Nothing hysterical here. Not even trying for magical.
But competition law is a real thing and people take it more seriously in organisations than HMRC.
Don't you wonder how none of the companies felt they had to break ranks to get the best talent? How they were sure they'd keep the good people?
Proof of a conversation? No, I didn't record them.
But that's not how this works. If there is reason to believe competition law has been broken, then discovery either by law enforcement or regulators will reveal collusion. The act of obfuscating collusion only make sit more obvious.
I've had several conversations of late where people anecdotally mentioned that the IR35 impact to companies isn't as great as feared.
People have said, there's been an emotional reaction, but ultimately, very few contractors have chosen to move on.
Each time, I've asked, "Why do you think that...
They did 10% over the summer at renewal time.
A 20% cut will really twist the knife. I suggest that won't happen given the panic on good people leaving in the past two months due to IR35
Every few hours there's now a story about HMRC and The Treasury being pressured to delay or re-think IR35.
Give many large client organisations (mine included - RBS) are side-stepping the IR35 debate by forcing a ban on PSCs, does anyone here thing that the edge-case likelihood of a...