Originally posted by eek
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Reply to: And the choice will have to be made
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Previously on "And the choice will have to be made"
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I think my decision has been made. The awkward bit that I've never been able to solve may well have solved itself...
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Originally posted by Maslins View PostMy guess would generally agree with this...but with the slight caveat that surely it's in the end client/agent's interest to "help" the contract be outside IR35? Presumably they're looking at contractors because for whatever reason they don't want to recruit a permie. They'll in turn be aware that offering the gig to a contractor but saying it's inside IR35 won't appeal to the contractor, who may therefore decide to look elsewhere.
Ie long story short it comes down to supply and demand. If you're a highly skilled contractor with few peers, and there's lots of demand for your work, the agencies/clients will want to secure you, potentially by helping ensure the contract is outside IR35. If on the other hand you're easily replaceable and there's more contractors of your skillset than gigs, yeah, could put you in a weak position.
1. That agencies would prefer to run all their people through their payroll system because it's easy and cheap. Treat your invoice as gross salary, dump the details into the payroll system and send you the resultant net pay cheque, job done. Sorting out your real tax position is your problem, come year end. Therefore the agencies will love this since it just cut their workload in half - everyone is caught so everyone on the payroll process, thank you very much.
2. That the agency is interested in securing your specialist skills. They aren't. It's a commodity market, not a people one, the best applicants in the first 8 hours are the ones that go forward.
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Originally posted by DotasScandal View PostOr reinvent yourself in another field or better yet, under friendlier skies.
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Originally posted by billybiro View PostYou'll have no choice and you'll either suck it up and take it or starve.
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Originally posted by youngguy View PostI suppose the other key point is the client may want you, but will the agent be willing to take that risk,as it will fall on them?
I hope supply and demand will reign and Gov will realise they have to increase rates to get stuff done....I can dream. Or maybe Gov depts will find other frameworks and be creative .
Or maybe we are all just F*****!
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Originally posted by Maslins View PostMy guess would generally agree with this...but with the slight caveat that surely it's in the end client/agent's interest to "help" the contract be outside IR35? Presumably they're looking at contractors because for whatever reason they don't want to recruit a permie. They'll in turn be aware that offering the gig to a contractor but saying it's inside IR35 won't appeal to the contractor, who may therefore decide to look elsewhere.
Ie long story short it comes down to supply and demand. If you're a highly skilled contractor with few peers, and there's lots of demand for your work, the agencies/clients will want to secure you, potentially by helping ensure the contract is outside IR35. If on the other hand you're easily replaceable and there's more contractors of your skillset than gigs, yeah, could put you in a weak position.
I hope supply and demand will reign and Gov will realise they have to increase rates to get stuff done....I can dream. Or maybe Gov depts will find other frameworks and be creative .
Or maybe we are all just F*****!
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Originally posted by eek View PostTrue. But my plan is to be software lead rather than time based and I won't be doing public sector work unless I can totally avoid it.
I haven't necessarily written off ps work forever (after all, there is going to be a lot around!) It just depends on whether some of the new tax hit can be absorbed.....and IF supply goes down then economically the logic follows that price will rise.
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Originally posted by BoredBloke View PostIt will work like this. A job is posted...the agency will be cautious and state that the contract falls within IR35 and you'll have no ability to argue against it. You will be caught or you won't have a contract. You could escape to the private sector, but within 12 months they will announce that it's unfair to have 2 contractors doing the same work being taxed in 2 different ways and it will be rolled out there also.
Ie long story short it comes down to supply and demand. If you're a highly skilled contractor with few peers, and there's lots of demand for your work, the agencies/clients will want to secure you, potentially by helping ensure the contract is outside IR35. If on the other hand you're easily replaceable and there's more contractors of your skillset than gigs, yeah, could put you in a weak position.
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Originally posted by eek View Post+2. However the private sector would be more likely to fight on your side rather than HMRCs.
I know exactly how I would play out the forthcoming battles. I don't think IPSE have a clue....
But I'm going to use my time more productively. I foresee a little bespoke consultancy in the future....
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Originally posted by DotasScandal View PostExactly this.
Thanks.
I know exactly how I would play out the forthcoming battles. I don't think IPSE have a clue....
But I'm going to use my time more productively. I foresee a little bespoke consultancy in the future....
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Originally posted by BoredBloke View PostIt will work like this. A job is posted...the agency will be cautious and state that the contract falls within IR35 and you'll have no ability to argue against it. You will be caught or you won't have a contract. You could escape to the private sector, but within 12 months they will announce that it's unfair to have 2 contractors doing the same work being taxed in 2 different ways and it will be rolled out there also.
Thanks.
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