Originally posted by Andy Hallett
View Post
- 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: Contracting at death's door?
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 "Contracting at death's door?"
Collapse
-
-
Originally posted by Andy Hallett View PostI've had the benefit of supporting the flexible labour market across the world. We will be just fine.
Leave a comment:
-
Originally posted by d000hg View PostI've been contracting for getting on 10 years (nothing compared to many here) and since day 1 of joining CUK, people have been prophesying the end of contracting.
It might grow and shrink over time depending on the economy, government policy, etc, but the contracting market simply isn't going anywhere. Make sure you're good and don't fritter away your war-chest!
Leave a comment:
-
I've been contracting for getting on 10 years (nothing compared to many here) and since day 1 of joining CUK, people have been prophesying the end of contracting.
It might grow and shrink over time depending on the economy, government policy, etc, but the contracting market simply isn't going anywhere. Make sure you're good and don't fritter away your war-chest!
Leave a comment:
-
Originally posted by ShandyDrinker View PostFair response.
I think it would greatly enhance the sector to move to 'Statement of Works agreements' as you say but from my experience of contracting over the past decade, the number of both clients and agencies who have been prepared to work to this model have been few and far between in part due to the fact that it takes a lot more work for all concerned.
Part of my new role is looking at productising how we do this.
Leave a comment:
-
Will be interesting to see how contracting continues to be affected by the evolution of employment and the 'gig economy'.
Easy to see future solutions by the big players (that shape government rules by their lobbying) where we all are self employed, use an app to offer our services/availability, and the app provider sorts out the tax liabilities and transfers the rest into the person's bank account automatically. Employers no longer have any employees (beyond a core they need long term, which will become smaller as more roles are automated or evolve), so they just pay a rate to the app provider and don't have to worry about payroll, pensions, or any of the other employee rights and benefits.
i.e. the opposite of what Corbyn and the old thinkers are on about.
Who's going to be the one to come up with the app that takes over, Deliveroo?
Leave a comment:
-
Originally posted by Andy Hallett View PostActually I think the market will be just fine, certainly for genuine independent contractors. The issue in recent years is people who really should be temps or employees have been forced into contracting almost as a low cost alternative.
I suspect what will happen is that this cohort will increasingly return to the perm market again as IR35 and other tax measures such as dividend changes and removal of FRVS continue to bite.
We will then see genuine contractors moving to 'Statement of Works agreements. More tightly procured, more risk passed down but also more reward.
I think it would greatly enhance the sector to move to 'Statement of Works agreements' as you say but from my experience of contracting over the past decade, the number of both clients and agencies who have been prepared to work to this model have been few and far between in part due to the fact that it takes a lot more work for all concerned.
Leave a comment:
-
Originally posted by ShandyDrinker View PostDepends on your definition of fine?
For agencies I don't expect things will change too much but for the majority of poor sods who will end up being dragged into IR35 whether it is applicable or not will not be fine, assuming of course the direction of travel is applying IR35 outside of the public sector.
I suspect what will happen is that this cohort will increasingly return to the perm market again as IR35 and other tax measures such as dividend changes and removal of FRVS continue to bite.
We will then see genuine contractors moving to 'Statement of Works agreements. More tightly procured, more risk passed down but also more reward.
Leave a comment:
-
Originally posted by Andy Hallett View PostI've had the benefit of supporting the flexible labour market across the world. We will be just fine.
For agencies I don't expect things will change too much but for the majority of poor sods who will end up being dragged into IR35 whether it is applicable or not will not be fine, assuming of course the direction of travel is applying IR35 outside of the public sector.
Leave a comment:
-
-
I've had the benefit of supporting the flexible labour market across the world. We will be just fine.
Leave a comment:
- 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: