Reply to post: I'll tell you what....

BAE Systems tosses its contractors a blanket... ban on off-payroll working under upcoming IR35 tax reforms

Anonymous Coward
Anonymous Coward

I'll tell you what....

How about the day-rate that you're charged out as (presumably you have one) is taxed at 65% before your company sees a goddamn penny as you're a pseudo-employee of whomsoever you're contracted to?

Maybe then that will focus a few minds.

How come BAe works for the MoD (and they have supervision as well) and they get a day-rate for engineers and T&S, the contractors they employ (and don't forget THEY ONLY EMPLOY CONTRACTORS AS THEY DO NOT HAVE THE SKILLS THEMSELVES) - magically they're employees and have to pay 65% tax whilst still running a company.

Just how exactly does this not just look like its picking on companies that cannot afford to fight the HMRC, lobby MPs or set up tax avoidance schemes?

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