Originally posted by northernladyuk
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Are we really thinking of off payroll rules for Private Sector?
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Originally posted by jamesbrown View PostRight, but that's the point, especially with the high marginal rates you allude to. Obviously, Ireland isn't a great place to do business as a PSC, but everything is relative. I would think that most highly-paid contractors defer income(?). I also vaguely recall a consultation on the use of PSCs last year so, unless I'm recalling incorrectly, or there has been a recent overhaul, there's still a perception that a tax gap arises.
But we are discussing this from the echo chamber. Look at it from HMRC's perspective and it's an opportunity to deal with the IR35 mess once and for all.Comment
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Originally posted by RonBW View PostYou won't get employment rights. You might get worker rights, though. There is a big difference.
I'll offer my prediction of how this will pan out.
1) Review of workers rights is announced.
2) Review determines that the rights that workers get are fair, but there is no longer a requirement in this day and age to pay for holiday pay as a worker
3) Unions argue this is unfair; businesses argue this is what we need in a post Brexit global economy (insert buzzwords a-plenty) to be competitive
4) Businesses win the argument - business good, union bad
5) A large percentage of contractors are now seen as workers - you get a few rights that businesses don't care much about now because they've got rid of the expensive one.
6) HMRC declare this a "win" because PAYE receipts go up (HMRC do not look at additional costs elsewhere in the system, merely money received via PAYE)
Timescale: Before 2025Comment
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Originally posted by PurpleGorilla View PostAs a 'worker' you can pay your pension out of you or GROSS, if you are in ir35 do you pay it out of your NET?
https://www.gov.uk/employment-status/workerThe greatest trick the devil ever pulled was convincing the world that he didn't existComment
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Originally posted by northernladyuk View PostSo you apply UK marginal rates to the model. Ireland is not a great place for PSCs and a lot of people use a Director's Umbrella (MSC kind of) and pay full whack tax.
But we are discussing this from the echo chamber. Look at it from HMRC's perspective and it's an opportunity to deal with the IR35 mess once and for all.Comment
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Originally posted by RonBW View PostYou won't get employment rights. You might get worker rights, though. There is a big difference.
I'll offer my prediction of how this will pan out.
1) Review of workers rights is announced.
2) Review determines that the rights that workers get are fair, but there is no longer a requirement in this day and age to pay for holiday pay as a worker
3) Unions argue this is unfair; businesses argue this is what we need in a post Brexit global economy (insert buzzwords a-plenty) to be competitive
4) Businesses win the argument - business good, union bad
5) A large percentage of contractors are now seen as workers - you get a few rights that businesses don't care much about now because they've got rid of the expensive one.
6) HMRC declare this a "win" because PAYE receipts go up (HMRC do not look at additional costs elsewhere in the system, merely money received via PAYE)
Timescale: Before 2025
Will the courts agree? Because I think the courts are likely to rule within a year or two that those declared inside IR35 get employment rights. And the hurt that PSBs think they are feeling now is nothing compared to what happens when thousands of inside contractors file claims for holiday pay, etc.Comment
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Originally posted by WordIsBond View PostThat might be what business says and they might convince government.
Will the courts agree? Because I think the courts are likely to rule within a year or two that those declared inside IR35 get employment rights. And the hurt that PSBs think they are feeling now is nothing compared to what happens when thousands of inside contractors file claims for holiday pay, etc.The greatest trick the devil ever pulled was convincing the world that he didn't existComment
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Originally posted by WordIsBond View PostThat might be what business says and they might convince government.
Will the courts agree? Because I think the courts are likely to rule within a year or two that those declared inside IR35 get employment rights. And the hurt that PSBs think they are feeling now is nothing compared to what happens when thousands of inside contractors file claims for holiday pay, etc.
Which is why so many low paid workers get chopped just before the six months, then re-hired under a different contract.Comment
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Originally posted by WordIsBond View PostThat might be what business says and they might convince government.
Will the courts agree? Because I think the courts are likely to rule within a year or two that those declared inside IR35 get employment rights. And the hurt that PSBs think they are feeling now is nothing compared to what happens when thousands of inside contractors file claims for holiday pay, etc.
Workers rights are what the unions are gunning for if no one has any rights at all. If other people doing similar work have employee rights you can bet workers rights will be neither requested nor acceptable.merely at clientco for the entertainmentComment
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Originally posted by LondonManc View PostThat'll be insignificant compared to the claims for backdated equality of pay from the perms
Given the true "cost" of a perm is largely the same as a contractor, in any case?The Chunt of Chunts.Comment
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