From the Interim Executive's perspective if this law is passed it will have a detrimental effect on your IR35 status.
The costs of the broader impact of the legislation will impact negatively on day rates achievable.
What a load of scaremongering bollocks.
- Visitors can check out the Forum FAQ by clicking this link. You have to register before you can post: click the REGISTER link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. View our Forum Privacy Policy.
- Want to receive the latest contracting news and advice straight to your inbox? Sign up to the ContractorUK newsletter here. Every sign up will also be entered into a draw to WIN £100 Amazon vouchers!
Reply to: got this regarding opt-out and IR35
Collapse
You are not logged in or you do not have permission to access this page. This could be due to one of several reasons:
- You are not logged in. If you are already registered, fill in the form below to log in, or follow the "Sign Up" link to register a new account.
- You may not have sufficient privileges to access this page. Are you trying to edit someone else's post, access administrative features or some other privileged system?
- If you are trying to post, the administrator may have disabled your account, or it may be awaiting activation.
Logging in...
Previously on "got this regarding opt-out and IR35"
Collapse
-
That's complete bulltulip. DBERR are only runnig a consultation at the moment, nothing has been decided. The objective is to clarify employement status more closely, by making a clear difference between agency temp and similar workers and genuine freelancers. If anything, it would take you further away from IR35, not towards it. That said, the survey is important and you should consider doing it.
And what's a Personal Service Company anyway? There's no such thing...
Leave a comment:
-
got this regarding opt-out and IR35
Admittedly I don't understand why I need to be concerned about opt-out, I had concluded from reading other threads on CUK that it was better to opt-in?
URGENT CALL TO ACTION TO PROTECT YOUR INTERIM MANAGEMENT MARKET
When the government introduced the Conduct of Employment Agencies regulations in 2003 they permitted companies to 'opt out' of the regulations. It covered people like you working through your own personal service company or an umbrella company.
The Department for Business Enterprise and Regulatory Reform started work in March this year to revoke the opt-out provision as they had not expected temporary workers using umbrella companies to be able to use the provisions.
There is a real danger that all personal service companies will also lose this provision.
From the Interim Executive's perspective if this law is passed it will have a detrimental effect on your IR35 status.
The costs of the broader impact of the legislation will impact negatively on day rates achievable.
Money Laundering, IR35 and Settlement Legislation are all examples of where the government has 'over cooked' it and they are about to do so again.
The consultation period ends on Thursday 11th June and you should put your voice to their consultation via their on line portal survey - www.berr.gov.uk/consultations/page50428.html
We would encourage all of you to take a minute or two to participate in this survey and get the point across that personal service companies are quite different to umbrella companies and that revoking the opt-out/opt-in provision for personal service companies would have a severe impact on the interim management sector as a whole (one which the government itself is keen to use more of), your profitability, your IR35 status and undermine the flexibility of the British labour market which has been one of the key fuels of our economic success.
Thank you - it's your future!
....
www.brooklandsexecutives.comTags: None
- Home
- News & Features
- First Timers
- IR35 / S660 / BN66
- Employee Benefit Trusts
- Agency Workers Regulations
- MSC Legislation
- Limited Companies
- Dividends
- Umbrella Company
- VAT / Flat Rate VAT
- Job News & Guides
- Money News & Guides
- Guide to Contracts
- Successful Contracting
- Contracting Overseas
- Contractor Calculators
- MVL
- Contractor Expenses
Advertisers
Contractor Services
CUK News
- Streamline Your Retirement with iSIPP: A Solution for Contractor Pensions Sep 1 09:13
- Making the most of pension lump sums: overview for contractors Sep 1 08:36
- Umbrella company tribunal cases are opening up; are your wages subject to unlawful deductions, too? Aug 31 08:38
- Contractors, relabelling 'labour' as 'services' to appear 'fully contracted out' won't dupe IR35 inspectors Aug 31 08:30
- How often does HMRC check tax returns? Aug 30 08:27
- Work-life balance as an IT contractor: 5 top tips from a tech recruiter Aug 30 08:20
- Autumn Statement 2023 tipped to prioritise mental health, in a boost for UK workplaces Aug 29 08:33
- Final reminder for contractors to respond to the umbrella consultation (closing today) Aug 29 08:09
- Top 5 most in demand cyber security contract roles Aug 25 08:38
- Changes to the right to request flexible working are incoming, but how will contractors be affected? Aug 24 08:25
Leave a comment: