4 ms·
With so few applications, I'm not sure it's a big deal. I'm not sure the UK really has a Silicon Valley pull factor (I'm aware of what's been dubbed Silicon Rou
by cs02rm0 7y ago
With so few applications, I'm not sure it's a big deal. I'm not sure the UK really has a Silicon Valley pull factor (I'm aware of what's been dubbed Silicon Roundabout). Government body endorsement sounds like a terrible idea for discerning viable startups, but I guess it renders the whole thing pointless if anyone can apply through the same route.
The changes around how IR35's being addressed seem a much bigger issue to me, not that even that will affect every startup.
- Zenst 7y agoYes IR35 has been a PITA for contracting in tech for a while and it is about to get a lot worse come April. Heck, it will near on kill of a lot of contracting avenues. That and IR35 effectively treats you as an employee with all the associated tax aspects and none of the perks - no holiday pay, no sickness pay, other company aspects. Which is irksome given how if your building a house instead of software, you get special NI perks and other aspects.... Sad cruz is that tech is a new trade in the grand scale of things, no unions or the like that other established industries have and equally - when the certifications in tech are so dynamic and change each year compared to those other longer established industries like construction, accounting.... there are times you kinda feel shafted. Which is why I got out of contracting last century, then ironically joined a company working on a project that ended up busting 80 hour weeks and only paid core hours and the ew contractors we had, well they got their hourly flesh. But hey, being good at tech, don't mean you're good at business, or indeed negotiations for remunerations - I know I'm terrible upon the later and sold myself short too many times. Sure you learn, but it is one of my kryptonite area's.
- aogl 7y agoI'm still a contractor in tech in London. IR35 is, as you said, a real PITA! The level of change is just quite dramatic, and the returns are not at all favourable in any comparison. I have been doing this for a long time now, many many years and have worked on many projects, in many companies. There is definitely a massive benefit of flexible and highly skilled developers for companies that need projects off the ground quickly. I am very interested to see how this single change alters what many companies are able to push out in the UK post April. While there appear to still be the potential for Outside IR35 contracts, I have many colleagues that are sat on the sidelines already, waiting.