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PSC - view for the bar

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    #31
    Originally posted by Cirrus View Post
    and crowdsourcing.
    Guess you meant "outsourcing"?
    Help preserve the right to be a contractor in the UK

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      #32
      Originally posted by Cirrus View Post
      My forecast is tax will progressively get higher (7%+ on dividends already pencilled in for next year) and rates will get lower (except for scarce/niche skills). Contractors will be a lot less well off but there will still be a steady increase in the numbers, although those people who don't mind whether they are permanent or contract will be less drawn to contracting. I predict (despite the increase in contractors) there will be a continual fall-off in the number of contract roles with more and more positions being filled with foreigners on inter-country visas, offshoring and crowdsourcing.
      If rates get lower, there will be less inclination to use ICTs and off-shoring (unless their rates get lower too).
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        #33
        Originally posted by cojak View Post
        PSC - what's that?

        Only you and HMRC use it - it's a nonsense term that has been ignored by the rest of us.

        Give it some legal standing, until that happens we'll continue to ignore it. Otherwise on tax forms it's a DOTAS like question that many of us refuse to answer.
        Sorry, how do you "refuse to answer"? the question is how much of your income was derived from a PSC (they stopped using a tick box last year or the year before?). By not filling it in are you refusing to answer or misleading HMRC?

        Regarding a definition, I think if they really wanted to define it they would do it in a flash, even if they get it "wrong" and mistakenly include real companies who are not PSCs they will not really care. I can only guess that no definition exists to further the Fear, Uncertainty and Doubt.
        This default font is sooooooooooooo boring and so are short usernames

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