Reply to post: Re: Stupid Questions

Tech contractors begin mass UK.gov exodus in wake of HMRC's IR35 income tax clampdown

gnasher729 Silver badge

Re: Stupid Questions

"So all these contractors are dumping their existing contracts early. Is there such a shortage of contractors in the private sector that they are all going to get work?"

There will be such a shortage of contractors in the public sector that they are all going to get work at higher rates, compensating for the tax disadvantages. Said before, contractors don't care about their daily rates, they care about what's left in their pocket. If there are more taxes to be paid, the daily rate must go up.

POST COMMENT House rules

Not a member of The Register? Create a new account here.

  • Enter your comment

  • Add an icon

Anonymous cowards cannot choose their icon