Reply to post: Re: Curious reaction

It's happening, tech contractors: UK.gov is pushing IR35 off-payroll rules to private sector in Finance Bill

hellwig

Re: Curious reaction

You're comment ignores the fact that Amazon and Google are corporations with no living expenses while independent contractors may be working independently for reasons besides just income.

Maybe they can't travel/relocate to a major hub (e.g. maybe HP just fired them). Maybe they just enjoy switching jobs regularly.

Either way, independent employment has risks not associated with full-time employment. Of COURSE you won't make as much being a full-time employee, the company owns you (although they excuse the difference as "benefits"). When you're an independent contractor, you have all the responsibility. You also get to claim a lot of expenses as business related. When you're full-time, it's your employer who sees those benefits, thus you pay more in taxes for each dollar earned than a contractor who spends some of that maintaining their business.

If independant contracting pays better, why not just switch to it yourself?

And P.S., maybe people are upset about this tax change because corporations like Amazon and Google STILL don't have to pay their fair share? If everyone complains corporations aren't doing their part, and then the government raises taxes on the people, the people will only get MORE upset.

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