BP banning PSCs from end of March

[eazy]

Could be even worse!

BP have confirmed that :

1. All agency contractors will need to go PAYE
2. All 3rd Part contractors based 100% at BP from Engineering / IT Companies will need to be PAYE.
3. Considering going HSBC route, only PAYE on long term engineering & ops support contractors based at 3rd party supplier premises!

[Fred Bloggs]

I’m not sure there’s much sympathy for the majority of contractors - partly because of your comment ‘already paying 2-300 per day less...’

Most people would be extremely lucky to be earning 200-300 per day, let alone to be earning 200-300 LESS per day

And I think you are spot on. That's why I left the UK to work overseas. When I retire, I'll come home.

[MDB2610]

Correct me if I am wrong, but in this thread nobody has said that they should, yet anyway?

I’m not sure there’s much sympathy for the majority of contractors - partly because of your comment ‘already paying 2-300 per day less...’

Most people would be extremely lucky to be earning 200-300 per day, let alone to be earning 200-300 LESS per day

[Fred Bloggs]

Why SHOULD the company increase their Bill rate to compensate for a workers loss of income.

BP (any company) didn’t make the change, they’re just enforcing it in the best way for their business

Correct me if I am wrong, but in this thread nobody has said that they should, yet anyway?

[MDB2610]

Why SHOULD the company increase their Bill rate to compensate for a workers loss of income.

BP (any company) didn’t make the change, they’re just enforcing it in the best way for their business

[Fred Bloggs]

the company “will not increase rates” to compensate contractors for any loss in their take home pay that might occur as a result of the change in policy.

Glad I am retiring this year. BP are already paying 2 to 300 a day less than a decade ago anyway.

[BR14]

I thought you might like to know I am banning PSCs?

wait, - i'm not a PSC.
I'm a BFG
does that mean i can't be banned?

oooopsy.

[BrilloPad]

oh, good grief!
yet another nonsense thread.
FFS

I thought you might like to know I am banning PSCs?

[BR14]

oh, good grief!
yet another nonsense thread.
FFS

[MDB2610]

That’s how it should be.

The agency has the contract with the worker, not BP.

There would be uproar if a Worker got given notice directly from BP - which is effectively what’s happened here

[KUWTC]

Hearing the news from the agency and not directly from BP. Nice...

IR35 private sector reforms: BP contractors notified of incoming ban on PSCs