Reply to: Might CV actually offer a boom for contractors longer term?

[Whorty]

upvoted and stolen

Yes, it tickled my bits too

[vetran]

How does that saying go? "When the going gets tough, the weird turn pro"

upvoted and stolen

[DodgyAccountant]

We've all been doom and gloom about CV being the nail in the IR35 lid of contracting's coffin.

But think about it, many companies are laying off workforce or will be. They are trying to make huge differences to how they work, and after CV they will again have to adjust very quickly with a depleted workforce.

I wonder if that's an opportunity for contractors to provide temporary work before companies are confident to re-hire permanent staff, 6/9/12 months down the line?

I hope you are right. I was saying to agents and umbrella companies that I thought the political pressure to suspend IR35 was mounting and the government would cave - surprisingly, proved to be true. Optimism is not always misplaced.

[OwlHoot]

We've all been doom and gloom about CV being the nail in the IR35 lid of contracting's coffin.

But think about it, many companies are laying off workforce or will be. They are trying to make huge differences to how they work, and after CV they will again have to adjust very quickly with a depleted workforce.

I wonder if that's an opportunity for contractors to provide temporary work before companies are confident to re-hire permanent staff, 6/9/12 months down the line?

How does that saying go? "When the going gets tough, the weird turn pro"

[MrMarkyMark]

I dunno, more I'm just thinking of all the businesses who rushed to drop staff and then need good people really quickly. THAT is surely the main service we provide?

The devil is in the detail dear boy

[d000hg]

Is there really going to be a change? CV is just halting current business. An intermission. When it's all over, won't everybody just revert to what they were doing before?

Well a huge number of businesses have tried to start online and delivery options, and trade-customer, quite clumsily.
THe paradigm of "you can't work from home" may be fundamentally shifted.

Banks have all this CBI stuff to figure out.

I dunno, more I'm just thinking of all the businesses who rushed to drop staff and then need good people really quickly. THAT is surely the main service we provide?

[jamesbrown]

Is there really going to be a change? CV is just halting current business. An intermission. When it's all over, won't everybody just revert to what they were doing before?

Depends how long it lasts. The last financial crisis and recession changed the structure of the economy. There's no reason to think this looming recession will be any different - it's certainly on a much grander scale.

[TwoWolves]

Is there really going to be a change? CV is just halting current business. An intermission. When it's all over, won't everybody just revert to what they were doing before?

Prior to this outbreak, the markets were in the early stages of bubble collapse - a process that started in earnest in late 2019. The central banks are now making things a lot worse in that respect and while we are in the eye of the storm it may not be apparent but when this is over the real pain starts.

[CheeseSlice]

Is there really going to be a change? CV is just halting current business. An intermission. When it's all over, won't everybody just revert to what they were doing before?

Thats the government plan, but the reality is that they cant save everyone. There isnt a big magic pause button. The economy is in freefall and theres just some guy below running around with an old net with some holes in it.

[Cirrus]

They are trying to make huge differences to how they work,

Is there really going to be a change? CV is just halting current business. An intermission. When it's all over, won't everybody just revert to what they were doing before?

[ladymuck]

There is always opportunity when times get tough. It's not necessarily something that will benefit contractors over any other group. It's more about being able to spot an opportunity and being willing/able to take a risk on it. Some will see an opportunity but not be able to do anything with it; others will completely miss it and then get grumpy when they realise they missed the boat. 'tis the way of the world whether its boom time or bust.

[Scoobos]

Personally, I think it may.

I also think that HMRC are going to be so royally overworked trying to implement this crackerjack financial support - that IR35 will be the least of their priorities.

[BR14]

Maybe it's only an opportunity for good contractors, not washed-up-bum-on-seat-permietractors

[d000hg]

Maybe it's only an opportunity for good contractors, not washed-up-bum-on-seat-permietractors

[Old Greg]

We've all been doom and gloom about CV being the nail in the IR35 lid of contracting's coffin.

But think about it, many companies are laying off workforce or will be. They are trying to make huge differences to how they work, and after CV they will again have to adjust very quickly with a depleted workforce.

I wonder if that's an opportunity for contractors to provide temporary work before companies are confident to re-hire permanent staff, 6/9/12 months down the line?

Oh my sweet summer child.