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Previously on "Could IR35 become Boris's Poll Tax?"

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  • NeedTheSunshine
    replied
    Originally posted by Peoplesoft bloke View Post
    "Secondly, make no bones about it, this was all about Ir35."

    Ha ha ha It really wasn't. It was about D Cummings running everything.
    This.

    Leave a comment:


  • Peoplesoft bloke
    replied
    "Secondly, make no bones about it, this was all about Ir35."

    Ha ha ha It really wasn't. It was about D Cummings running everything.

    Leave a comment:


  • BR14
    replied
    dream on

    Leave a comment:


  • suityou01
    replied
    Sajid Javid jumps

    Firstly I am now able to save a fortune on heating bills by simple heating the house on my smug satisfaction at this callous a*se getting the heave ho.

    Secondly, make no bones about it, this was all about Ir35. Boris does not want his government tarnished by the failed election pledge to review IR35 and the lipservice paid ever since. The Lords enquiry, while extremely welcome, and with the clear ulterior motive of asserting their relevance, was the final nail in his coffin.

    Pride comes before a fall. It did, and then he fell.

    Hope this now means cool heads will prevail.

    Leave a comment:


  • suityou01
    replied
    Originally posted by Martin Bank Holiday View Post
    Is anyone giving up a day's invoicing to go on the Anti IR35 protest om February 12?
    I'm benched. I shall take my own sandwiches. And a brolly. A canopy on a stick I mean. I am so messed up. Gurgle.

    Sent from my CLT-L09 using Contractor UK Forum mobile app

    Leave a comment:


  • NeedTheSunshine
    replied
    Originally posted by Martin Bank Holiday View Post
    Is anyone giving up a day's invoicing to go on the Anti IR35 protest om February 12?
    You don't need to take a day off if you're in London. Just take an early lunch break.

    Leave a comment:


  • Martin Bank Holiday
    replied
    Is anyone giving up a day's invoicing to go on the Anti IR35 protest om February 12?

    Leave a comment:


  • suityou01
    replied
    Recruiters push for IR35 reform delay to avoid ‘damaging’ growth - Personnel Today

    “We are already seeing examples of projects being binned and work taken offshore, damaging growth here – and ultimately, the tax take.
    At least the government can't say they weren't warned.

    The letter has been signed by the chair of the Recruitment and Employment Confederation and 14 bosses from major recruitment organisations including Reed, Adecco, ManpowerGroup and Hays.
    Or in other words their profits have slumped and their 2020 projections show huge layoffs.

    Lobby all you want, they have an 80 seat majority and aren't afraid to use it. With no credible opposition, its unlikely to make a jot of difference.

    Sent from my CLT-L09 using Contractor UK Forum mobile app

    Leave a comment:


  • rogerfederer
    replied
    Originally posted by suityou01 View Post
    This is kind of what I wanted to do some napkin war gaming about.

    Firstly there will be a sharp rise in unemployment figures, and a sharp drop in tax take. Presumably the government has forecast this. The markets may also have priced this in. Or maybe not.

    If the pound devalues further, then the cost of living will increase putting the squeeze on those already on the breadline. Suddenly this starts driving the news cycle. The lefty Red tops will begin filling their boots. One imagines a failed election pledge from Mr Javid will be seen as something of an open goal.

    Suddenly these permie types, and giro birds become aware something is wrong. They don't understand or care about IT contractors or HMRC. They are told its Brexit related. This is the first squeeze put on Boris's cabinet, which will be unconvincingly put forth by magic grandpa until Rebecca Wrong-Daily takes the helm.

    Some highbrow analysis by the FT and the Torygraph on page 67 highlights the real issues and goes largely unnoticed by the gurning masses. The markets notice and the pound sinks lower. Rinse and repeat.

    The skills drain is now successfully in effect and the freelance herd is now thinned greatly. Brexit related projects fall behind. This grabs a few headlines and the first mention of IR35 goes mainstream. Some big consultancies put some talking heads on channel 4 news to opine. Public awareness grows.

    Meanwhile India is supplying record numbers of consultants, and the drop in tax take in PAYE, VAT, Corporation tax and dividend tax is being accutely felt by HM Treasury. The first post Brexit budget indicates more borrowing, which is explained as predictable short term pain from Brexit.
    [/URL]

    Both a fantastically astute and prescient post.

    I am not anti-Conservative&Unionist Party due to being anti prosperity, far from it. Instead I abhor their public relations skills to fool enough people - this time a lot, using the brexit badge as the reason - to disguise a very simple fact that has always been the case with this party:

    They are pro-(large)business and pro-(large)business in all respects. Check out wage stagnation, for permie staff since 2007 and for contractors since 2004. Excluding senior/niche roles most contractors have raked in around £450-500/day for a very long time; some less, very few more. Add a London weighting to this consideration.

    The main pro-(large)business aim for the Tories is cheaper labour and easily dispensable labour. Why? Many Tory MPs are execes, non-execs and directors sitting on the boards of large corporates and are multi millionaires. They don't represent you, the contractor, any more than they represent big Tony in Durham who's just voted for them to Get Brexit Dun-In.

    IR35 is one of the worst things businesses will see in many ways: project completion rates will decrease, projects will take longer, skills gap widens between permies and the consultancies through complex contracts with SLAgreements that ensure there's always a firefight ensuing.

    Permie salaries are, like contractors, stagnating in the general IT and Architecture space. Most of this forum seems to be people working in these two areas that contribute massively to the UK economy. A quick non-London job browse and I can see some senior roles for, I kid you not, £50k. That's ridiculously low and six figures should now be the norm in 2020 for a very senior role, but the Tories have messed up the economy and we now see higher living costs and, technically, lower wages compared to 15 years ago.

    My advice remains as it was in another thread: if you don't have lots of family, move abroad. Other countries can offer you a far higher quality of life and more respected permie salaries; as many of you have highlighted there is no way this is going to change for at least 5 years. Better to be first than last out of the car crash.

    If you want an AmericaniZed labour force and economic methodology then you are currently witnessing the further implementation of it with this shower of shysters. Due to the pro-elite Oxbridge background of the Tories you'll also find the "if you can't beat them, join them" mentality won't work here.

    Leave a comment:


  • suityou01
    replied
    Originally posted by LondonManc View Post
    Your subtitle claims that you're potty-trained. I highly doubt it given the amount that you've shat on the keyboard recently.
    Now now, there's a good lad.

    Sent from my CLT-L09 using Contractor UK Forum mobile app

    Leave a comment:


  • LondonManc
    replied
    Originally posted by suityou01 View Post
    Bingo. The socialists haven't quite cottoned on yet. It will be Rebecca to the rescue in 2024?

    Sent from my CLT-L09 using Contractor UK Forum mobile app
    Your subtitle claims that you're potty-trained. I highly doubt it given the amount that you've shat on the keyboard recently.

    Leave a comment:


  • Snooky
    replied
    Originally posted by Martin Bank Holiday View Post
    I just don't see who this benefits other than the big outsourcers and consultancies.
    You asked and answered your question in the very same sentence

    Leave a comment:


  • Martin Bank Holiday
    replied
    Originally posted by Snooky View Post
    This may have changed but the last time I dug into this, I found out that India has a special tax concession to workers in certain industries, including IT, where they pay something like 10% tax. Due to dual taxation treaties, I think they can then reclaim all income taxes paid in the UK.

    ICBW though and would be interested to know.
    Ok, if true, surely we can drive a coach and horses through the whole policy WRT IR35 rollout in the private sector, assuming that the chain of events is:

    1) A significant proportion of private companies adopt a policy of declaring all contractors inside
    2) Reduction in size of flexible workforce due to loss of claimable expenses
    3) Businesses cry skills shortage
    4) Loads of people from India flown in to make up shortfall

    That, surely, will result in HMRC getting a lower tax take than when we were all operating outside IR35.

    I just don't see who this benefits other than the big outsourcers and consultancies.

    Leave a comment:


  • Snooky
    replied
    Originally posted by Martin Bank Holiday View Post
    Where do Indian workers on ICTs pay their taxes? Here or in India? And if here, do they get charged the full whack? Only asking because if they don't pay the same amount of tax as the rest of us then the whole model is just stupid and of no benefit to the public purse.
    This may have changed but the last time I dug into this, I found out that India has a special tax concession to workers in certain industries, including IT, where they pay something like 10% tax. Due to dual taxation treaties, I think they can then reclaim all income taxes paid in the UK.

    ICBW though and would be interested to know.

    Leave a comment:


  • Anubis
    replied
    Originally posted by Martin Bank Holiday View Post
    Where do Indian workers on ICTs pay their taxes? Here or in India? And if here, do they get charged the full whack? Only asking because if they don't pay the same amount of tax as the rest of us then the whole model is just stupid and of no benefit to the public purse.
    A lot of them are brought in for only a year or two then head back home to India. They usually work through an Indian firm, which I assume means their tax paid benefits India. I could be wrong.

    Leave a comment:

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