Originally posted by _V_
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Seems to me contracting isn't dead, more like on life support, with tubes sticking out of its arse.
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Originally posted by founder View PostApplied for permie role at about 60% of what I'm earning last contract role
If anything, given how little wages have increased over the years 60% is a good dealLeave a comment:
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Applied for permie role at about 60% of what I'm earning last contract roleLeave a comment:
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Originally posted by MarkT View PostSo, that's that then I guess. No more contracting, unless we can fight it as a group and gain enough traction with Tory MPs to stop it by 2020. Not much chance of that, but you have to try.
Won't somebody think of the accountants?
Not much point speculating, save your energy to deal with whatever happens, when it happens.Leave a comment:
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Originally posted by MarkT View PostSo, that's that then I guess. No more contracting, unless we can fight it as a group and gain enough traction with Tory MPs ...Leave a comment:
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Originally posted by northernladuk View PostYou are absolutely correct and yes it's SoW with detailed deliverables as part of team delivering a whole product. The paperwork and prep for it was a right pain in the arse, as will reporting and milestone completion.
Still a lot of bum on seat contractors here though so will be interesting to see how they've managed it.
Why is anything changing after April for a public sector client? There is a few rules they have to come in to line with about issuing determinations I believe but the changes in April don't affect them. Its been in place for 2 years.
I've got an infrequent work in the public sector that requires updating so I'll be aiming to be paid via milestones rather than time and materials, but when I've raised this with other contractors in a similar position their eyes glaze over and it's obvious they don't have a clue what's potentially changing.
It seems the private sector implementation will be far stricter, if T&M is disallowed (for obvious reasons), whereas it's still used in outside IR35 contracts in the public sector even after 2017.Leave a comment:
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Originally posted by rogerfederer View PostNorthernLadetteUK:
Are you sure your contract is going to be ok?
My understanding is that there is a shift for private and public sector towards removal of T&M (Time and Materials) to SoW (Statement of Work). Crucially this means that the agency have to invoice for milestones completed, rather than per unit. The agencies I've spoken with who place only outside IR35 contract work fulfillment limited companies don't seem to have much of a clue about this when queried, which is worrying.
I'm currently having an issue with a public sector client who seem to think it's business as usual after April 6th but I strongly suspect that T&M will be considered Inside IR35 even if the public sector body considers the contract with SoW to be outside IR35. Think of it like a two tick system in order to attain outside IR35 status.
All will be revealed after the proposal that is currently out for feedback...
Still a lot of bum on seat contractors here though so will be interesting to see how they've managed it.
Why is anything changing after April for a public sector client? There is a few rules they have to come in to line with about issuing determinations I believe but the changes in April don't affect them. Its been in place for 2 years.Last edited by northernladuk; 5 February 2020, 19:15.Leave a comment:
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Originally posted by BritishLad88 View PostInteresting to read that, definitely given me food for thought. For quite some time, i've been quietly worrying but after hearing that I don't think I have to worry anymore. Your post have really calmed me down.
Are you sure your contract is going to be ok?
My understanding is that there is a shift for private and public sector towards removal of T&M (Time and Materials) to SoW (Statement of Work). Crucially this means that the agency have to invoice for milestones completed, rather than per unit. The agencies I've spoken with who place only outside IR35 contract work fulfillment limited companies don't seem to have much of a clue about this when queried, which is worrying.
I'm currently having an issue with a public sector client who seem to think it's business as usual after April 6th but I strongly suspect that T&M will be considered Inside IR35 even if the public sector body considers the contract with SoW to be outside IR35. Think of it like a two tick system in order to attain outside IR35 status.
All will be revealed after the proposal that is currently out for feedback...Leave a comment:
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