Reply to post: Re: Both feet, and the ankles

UK.gov tells freelance techies to slap 20 per cent on fees as IR35 tax hike looms

d3vy

Re: Both feet, and the ankles

"And who has been lobbying for this? Crapita et al. It is a sicking corruption of the tax system that is supposed to serve the people. F**k it no-one cares anymore, think I'll go back to Ameri..oh wait."

There is a way around this, but it requires people you trust.

If a few contractors banded together and formed a company offering service X that company could bid for work in the same way that Capita, CSC, CGI, Cap all do. Lower overheads so they could probably undercut them by quite a bit.

The trust comes into it when you have 4-5 people all with an equal stake in the company on different rates you would realistically only be able to take as much as the lowest day rate and leave the rest in the company for "Expenses & Entertainment"

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