* Posts by TolerantViews

10 posts • joined 28 May 2018

IBM Watson GPU cloud cluster Brexits from London to Frankfurt – because GDPR

TolerantViews

Re: Pointless And Political

It's a tough life for the side that lost, I suppose.

Review of IR35 is in: Quelle surprise, UK.gov will forge ahead with controversial tax reforms in the private sector

TolerantViews

Sure, the best way is to make contractors pay the same taxes as an employee. Make the employer pay NI for the contractor as well. The negotiation for a higher wage to cover 'employee benefits' is left between the employer and contractor not the HMRC and the taxpayer. Completely fair. The contractor gets to keep on moving jobs and reaping all those benefits, except tax reduction.

TolerantViews

The point is simple. Contractors on the whole sit next to permanent employees doing the same or very simlar role but earn more by changing their tax arrangements. This now changes the dynamic to not being able to pay less taxes, this is fair. The contractor now needs to earn the extra money, to make up for holidays/sick leave/bonuses etc by charging the employer more. If the employer is not willing to do that I can only imagine that is a negotiation that should not involve the HMRC nor the employee who pays their fair share of taxes.

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

TolerantViews

Re: "[HMRC] has predicted the reforms will recoup £1.2bn a year by 2023"

They are the correct ones for people outside of IR35, not inside at the moment but many wouldn't agree to that either. Perhaps we really need to see dividend payments level with income taxes and the perks of offsetting travel/clothes/meals/ 10% of your home be enabled for all employees too.

TolerantViews

Re: "[HMRC] has predicted the reforms will recoup £1.2bn a year by 2023"

The issue dear contractor colleague is that you screw the taxpayer to earn that extra 30% whereas the poor permie pays all the correct taxes. The permie and you would earn the same salary for doing the same job, you wouldn't be 30% better off though because you too would have to pay your taxes.

You can take a permie job and get all the goodies like holidays and sick leave unfortunately you will need to pay all the taxes to get it and the free ride the tax payer currently provides you will be no more.

If you are truly a freelancer then good luck to you but in my 25 years i have perhaps met 10% out of hundreds that fit the freelancer moniker.

If you are really worth it the business will pay you more, if they don't, well welcome to an appreciation of your real worth.

Royal Bank of Scotland IT contractor ban sparks murmurs of legal action

TolerantViews

Depends how long those contractors can live without a salary/dividend versus the priority of the banks projects. Some people need to work to survive although I imagine there is a fair amount of deferred dividends needed to be drawn down first. I imagine the Indian outsourcers will be winners.

TolerantViews

Fair Tax

This is not a pay cut, this is the contractor having to pay the same taxes as the permie employee sitting next to them. Same job, same taxes. If you like the option to still roam and take up other employment there is nothing stopping you. Perhaps someone will up your rate, from what I see that is not likely to happen. Lots of public sector IT contractors ejected to the private sector, finally fair taxes are catching up with all contractors. Having worked on both sides I think equality of tax is a fair outcome.

UK space comes to an 'understanding' with Australia as Brexit looms

TolerantViews

Re: RE: Mooseman

The vote was to leave the EU, nothing more, nothing less. Leaving the EU means leaving any levers of control over the UK by the EU as a starting point. Everything else is negotiable. That's why the UK red lines exist, it's about control.

The only way is up, baby: IBM UK sales down, profit down, headcount down

TolerantViews

There is really no longer any reason to work for IBM. Poor service backed only by CIO's who don't know how to run their own IT. If your IT leadership has IBM in, start to get out, your management do not know what they are doing other than lengthening their own large salaries by a bit.

Blighty: If EU won't let us play at Galileo, we're going home and taking encryption tech with us

TolerantViews

Re: Fucking Brexit

If the EU has to punish people who leave what are they doing to the people that stay? Seems incomprehensible that leavers need punishment because surely they are leaving the good place? Think about it. It's best we leave, the kick up the backside will propel us into new, exciting and prosperous beginnings. Our own space agency, using our own encryption monitored from islands that we manage. Looking forward to it. The Euro will eventually make the EU implode. Best leave early and deal with the downturn from outside.

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