Any point in contracting after April 2016?

[MarkT]

Fair point, but I employ myself and my wife....

[northernladuk]

Fair point, but I employ myself and my wife....

Do you really.... you sure?

[TykeMerc]

Fair point, but I employ myself and my wife....

Sadly that one won't wash as "employing" an officer and shareholder without a contract of employment and not paying minimum wage isn't what is meant by the conventional use of the word employed.

[MarkT]

Sadly that one won't wash as "employing" an officer and shareholder without a contract of employment and not paying minimum wage isn't what is meant by the conventional use of the word employed.

Well, that's pretty simple to sort out isn't it? A contract of employment and we pay both of us more than the minimum wage. I've had three accountants tell me that's perfectly above board. Obviously things may change, but we, as contractors, have always found a way around things before, I'd expect a similar way to be found this time.

We should just wait for the proposal though, I suppose it's possible for them to just leave the whole thing alone ? He asks hopefully!

[curtis]

Earning more money will be primary for most but for me yes it will be frustrating as I would rather be earning more than less but I always said from the start even if I earnt the same or even a less contracting I would still do it.

For me its a lifestyle choice, one thing is I like to know I can have a break after a contract if I want to and although through choice I have only done this a few times so far in a few years I hope to take more time off inbetween and get a better work/life balance I would not get this if I left contracting so I would stay contracting regardless.

[sartois]

Or contractor pays recruiter, as in the entertainment business (currently not legal atm).

That would be interesting... It's one thing to have an agent taking a % behind the scenes where I can remain happily oblivious to what they are getting for my work, but paying them directly even though it would make no financial difference to what I end up taking feels like it would be somewhat painful.

[LondonManc]

That would be interesting... It's one thing to have an agent taking a % behind the scenes where I can remain happily oblivious to what they are getting for my work, but paying them directly even though it would make no financial difference to what I end up taking feels like it would be somewhat painful.

However, it would put the power in your hands. Quite like the idea of it myself. Unfortunately that's not how it works in entertainment where the production company sends the agency the money then you eventually get a cheque from the agent

[TykeMerc]

However, it would put the power in your hands. Quite like the idea of it myself. Unfortunately that's not how it works in entertainment where the production company sends the agency the money then you eventually get a cheque from the agent

Which varies from how most of us get paid in the Agent relationship to what material extent?

If you think that the Agents will heavily modify their entire working practices an business models to accommodate the contractors that dislike the new legislation then you're barking, they will just refuse to deal with anyone trying to be outside the new IR35 and T&S rules.

[LondonManc]

Which varies from how most of us get paid in the Agent relationship to what material extent?

If you think that the Agents will heavily modify their entire working practices an business models to accommodate the contractors that dislike the new legislation then you're barking, they will just refuse to deal with anyone trying to be outside the new IR35 and T&S rules.

It won't - it was someone else that suggested we'd pay the agents. I'm saying that, based on what my son has done on TV, it doesn't work that way. The money still gets to the agent first, rather than us paying the agents once we've been paid.

Along the lines of what you've said, I can't see ClientCos setting up payment mechanisms to each Contractor Ltd either when it's currently one figure/transaction to agentco.

[TykeMerc]

Indeed, there won't be many; if any; clients willing to deal with multiple suppliers when they're used to dealing with one or two agencies and paying a couple of times a year.
The client-agent business model works well for the clients, they've no motivation to change it at present, so long as they can get contractor resource that won't change.