Go permie or try to expand into a proper consultancy....
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And the choice will have to be made
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I still can't quite get my head around how the mechanics of this will work.....and how it will all be clear for April -
It 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.Originally posted by youngguy View PostI still can't quite get my head around how the mechanics of this will work.....and how it will all be clear for AprilRule Number 1 - Assuming that you have a valid contract in place always try to get your poo onto your timesheet, provided that the timesheet is valid for your current contract and covers the period of time that you are billing for.
I preferred version 1!Comment
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Exactly this.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.Comment
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+2. However the private sector would be more likely to fight on your side rather than HMRCs.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....merely at clientco for the entertainmentComment
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As a solo chap or taking ppl under your wing ?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....Comment
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The first followed by the second (although chances are the eek twins will be getting some well paid weekend work in the near future).Originally posted by youngguy View PostAs a solo chap or taking ppl under your wing ?merely at clientco for the entertainmentComment
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Under 1 you would still be a PSC shirley? And be a disguised employee?Originally posted by eek View PostThe first followed by the second (although chances are the eek twins will be getting some well paid weekend work in the near future).Comment
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True. 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.Originally posted by youngguy View PostUnder 1 you would still be a PSC shirley? And be a disguised employee?merely at clientco for the entertainmentComment
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My 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.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.Comment
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