Reply to: Will the General Election affect the state of the Contract Market?

[SueEllen]

you would be surprised how keen companies are to avoid tax.

I'm not suggesting they are all on the tax but something other than a AssSnob 'all brits are cretins' needs to be found to explain the makeup.

Why are they predominantly non British, what benefit does it have for the UK?

Companies not paying tax is different to individuals not paying tax. So while Uber pays no tax their drivers do. Likewise with Google and their staff.

[vetran]

There are thousands of firms of different sizes in London so presuming most of their staff aren't paying UK taxes isn't correct especially as taxes particularly social taxes are higher in lots of EU countries. So while your top banker maybe on the fiddle the PA won't be.

you would be surprised how keen companies are to avoid tax.

I'm not suggesting they are all on the tax but something other than a AssSnob 'all brits are cretins' needs to be found to explain the makeup.

Why are they predominantly non British, what benefit does it have for the UK?

[vetran]

OK vetran answer these questions truthfully

1) How may times in the past have British governments failed to stop the rise of immigration into the UK and failed ?

2) What makes you think Brexit is going to achive this as most of the failures have been due to large multinationals pushing for tier 3 or tier 4 candidates?

3) The EU nationals in the UK already (approx 3 million) pay more tax than receive benefits, could the UK take such a tax hit if they leave ?

1. They chose not to. However EU migration was overtaking non EU migration and the public had had enough.

2. Immigration is on the table, I suspect it will be discussed more. Multinationals also stopped training because it was cheaper to import a cheap resource.

3. Paying tax is not normally enough if you are using services, you need to pay significant tax to cover the services you use. Note the mass immigration (0.5Million a year) from Eastern Europe started in 2004 so its not like we have actually become totally dependent on them. I have only seen a roll up, are you telling me migrants from Eastern Europe working as Baristas pay more in tax than they use in Benefits or services?

[SueEllen]

Are you sure? Most of these firms are pretty good at tax avoidance

How EU migrants avoid tax in UK - Telegraph

Remember if you are not resident here you don't need to pay full tax.

Question is why are there large companies in the UK staffed mainly by non brits? I will concede hiring the best should not be restricted to the UK but almost entirely non british there has to be a reason?

There are thousands of firms of different sizes in London so presuming most of their staff aren't paying UK taxes isn't correct especially as taxes particularly social taxes are higher in lots of EU countries. So while your top banker maybe on the fiddle the PA won't be.

[vetran]

The tax goes to the UK government as the EU nationals work and live in London.

It is actually common in London to have very few British staff in a company let alone Londoners. Hence the thing about those living next to Canary Wharf not having the chance to work there.

Are you sure? Most of these firms are pretty good at tax avoidance

How EU migrants avoid tax in UK - Telegraph

Remember if you are not resident here you don't need to pay full tax.

Question is why are there large companies in the UK staffed mainly by non brits? I will concede hiring the best should not be restricted to the UK but almost entirely non british there has to be a reason?

[motoukenin]

Times past - you mean before 2004 in the case of EU nationals?

So the entire company being staffed by non British workers is the glorious future? Wonder where the tax & money goes?

OK vetran answer these questions truthfully

1) How may times in the past have British governments failed to stop the rise of immigration into the UK and failed ?

2) What makes you think Brexit is going to achive this as most of the failures have been due to large multinationals pushing for tier 3 or tier 4 candidates?

3) The EU nationals in the UK already (approx 3 million) pay more tax than receive benefits, could the UK take such a tax hit if they leave ?

[SueEllen]

Times past - you mean before 2004 in the case of EU nationals?

So the entire company being staffed by non British workers is the glorious future? Wonder where the tax & money goes?

The tax goes to the UK government as the EU nationals work and live in London.

It is actually common in London to have very few British staff in a company let alone Londoners. Hence the thing about those living next to Canary Wharf not having the chance to work there.

[vetran]

Not sure I follow any of your logic here but I was on a Fin tech contract in London just over 3 years ago and looking through the project dist list could only recognise 2 British names most sounded European, does that answer your question?

You have to see the uk in a multicultural light look at the 20 teams in the premier league, 30% British, same for most FTSE 100 industries including bosses of multinationals only 35% British there.

Don't go down the road of vetran and mordac old fogies pining for times past.

Times past - you mean before 2004 in the case of EU nationals?

So the entire company being staffed by non British workers is the glorious future? Wonder where the tax & money goes?

[motoukenin]

= half of immigrants are *not* from India or China.

If you think *all* the EU workers who will be put off coming to the UK (or unable to) post-Brexit will be replaced by non-EU workers, what do you think those non-EU workers are doing just now? And why would you expect EU workers to be replaced by non-EU immigrants?

I would have thought the consensus is that, post-Brexit, there will be a smaller pie, a reduced IT contract market, but also a smaller number of people getting a slice of it. Awful for the UK's (London's) aspirations as a tech hub, but maybe no massive difference for most (British) contractors.

Not sure I follow any of your logic here but I was on a Fin tech contract in London just over 3 years ago and looking through the project dist list could only recognise 2 British names most sounded European, does that answer your question?

You have to see the uk in a multicultural light look at the 20 teams in the premier league, 30% British, same for most FTSE 100 industries including bosses of multinationals only 35% British there.

Don't go down the road of vetran and mordac old fogies pining for times past.

[shaunbhoy]

Dunno about the election, but Brexit will undoubtedly reduce the size of the IT contract market for most.

You'll be fine sas. The bottom has dropped out of the market since they closed the Lollipop Operative Training Academy in Surbiton.

[BlasterBates]

= half of immigrants are *not* from India or China.

If you think *all* the EU workers who will be put off coming to the UK (or unable to) post-Brexit will be replaced by non-EU workers, what do you think those non-EU workers are doing just now? And why would you expect EU workers to be replaced by non-EU immigrants?

I would have thought the consensus is that, post-Brexit, there will be a smaller pie, a reduced IT contract market, but also a smaller number of people getting a slice of it. Awful for the UK's (London's) aspirations as a tech hub, but maybe no massive difference for most (British) contractors.

Not really because the government doesn't have a quota system. A company recruiting IT staff has access to the entire global population of IT staff. They only have to offer a job and the visa is automatic. That will not change post-Brexit.
Your competition is and always will be "the entire world".

[shaunbhoy]

Once you give TM power it really will go to her head and you will see private sector IR35, I guarantee it

Not really in much of a position to be offering guarantees though, are you?

[motoukenin]

Once you give TM power it really will go to her head and you will see private sector IR35, I guarantee it

[kaiser78]

Market for my skillset is very boyant at the moment, and has been since the start of the month. Things are looking good...

[ginjar]

Half the immigrants to UK are from India and China

= half of immigrants are *not* from India or China.

If you think *all* the EU workers who will be put off coming to the UK (or unable to) post-Brexit will be replaced by non-EU workers, what do you think those non-EU workers are doing just now? And why would you expect EU workers to be replaced by non-EU immigrants?

I would have thought the consensus is that, post-Brexit, there will be a smaller pie, a reduced IT contract market, but also a smaller number of people getting a slice of it. Awful for the UK's (London's) aspirations as a tech hub, but maybe no massive difference for most (British) contractors.