TJX declares all contractors inside IR35

[edison]

everyone thinks they are the cream. Find me a contractor who feels he / she is the dregs.

In any case there will be very few outside contracts. If, say, 33% of contracts stay outside they are suddenly looking at 3 times the previously available talent. Hence they an push the rates down.

This is a really good point.

I've lost count of the number of recruiters who've been publishing articles and guidance about IR35, claiming that you can increase your rates by X% to offset any extra tax burden operating inside IR35.

I haven't heard of any large clients who have been proposing to do this, it's usually the opposite - rates stay the same, take it or leave it (in effect take a pay cut.)

[edison]

Had an interview with them many years ago for a perm role. Interview process dragged on for almost 3 months and four rounds of interviews. Just before the final interview their HR bod told me that they had radically altered the scope of the role. The whole process was a joke which was a shame as I really liked the sound of working for them and the senior management I met seemed really switched on.

[Amanensia]

The latter. They don't want to bother evaluating

Ah. So in fact they haven't deemed anyone inside or outside of IR35 at all, because IR35 no longer applies.

[AnthonyQuinn]

What have they actually said? Have they said everyone is IR35 caught? Or have they a policy of no longer engaging ltdCo contractors.

The latter. They don't want to bother evaluating

[AnthonyQuinn]

What about the risk of projects failing when the cream of the crop (myself for example) leave for outside contracts?

everyone thinks they are the cream. Find me a contractor who feels he / she is the dregs.

In any case there will be very few outside contracts. If, say, 33% of contracts stay outside they are suddenly looking at 3 times the previously available talent. Hence they an push the rates down.

[GhostofTarbera]

What about the risk of projects failing when the cream of the crop (myself for example) leave for outside contracts?

What outside contracts ?

You will be easily replaced


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[SimonMac]

Against the rules, surely? Each role is supposed to be individually assessed.

If they are assessed yes, however saying you will only work with Brolly or PAYE post April 2020 isn't an assessment, it's a policy

[vwdan]

What about the risk of projects failing when the cream of the crop (myself for example) leave for outside contracts?

Low risk of that when half your industry is doing the same. Or if you are that lucky soul who finds his nice outside IR35 job, the next contractor along who is 90% as good won't have.

If you're still not concerned, then you haven't been paying attention.

[jamesbrown]

Against the rules, surely? Each role is supposed to be individually assessed.

Depends what they’ve actually done. No more contractors, only umbrella employees or PAYE, no problem. Otherwise, assessment by type of role can look like blanketing without being a problem. Anyway, we don’t even have the final legislation yet.

[mudskipper]

TJX (Retailer including TKMaxx and Homesense) declares all contractors inside IR35. No individual review and assessment.

What have they actually said?

Have they said everyone is IR35 caught?

Or have they a policy of no longer engaging ltdCo contractors.

[HoofHearted]

TJX (Retailer including TKMaxx and Homesense) declares all contractors inside IR35. No individual review and assessment.

Against the rules, surely? Each role is supposed to be individually assessed.

[eek]

What about the risk of projects failing when the cream of the crop (myself for example) leave for outside contracts?

The failed project due to you leaving has your name against it - no one else is going to be blamed (and you aren't there to defend yourself).

Meanwhile IR35 has both HR and the finance director going - "we can't take the risk"..

[Unix]

Simple risk aversion - companies don't like risk unless they need to accept it.

What about the risk of projects failing when the cream of the crop (myself for example) leave for outside contracts?

[eek]

TJX (Retailer including TKMaxx and Homesense) declares all contractors inside IR35. No individual review and assessment.

Simple risk aversion - companies don't like risk unless they need to accept it.

[AnthonyQuinn]

TJX (Retailer including TKMaxx and Homesense) declares all contractors inside IR35. No individual review and assessment.