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I think the contracting/consulting market is going to fragment into 'genuine' consultancy and people who are effectively temps. The temp end of the market is go
by Nursie 6y ago
I think the contracting/consulting market is going to fragment into 'genuine' consultancy and people who are effectively temps. The temp end of the market is going to need to push hard to get the reward level back to where it has been over the last few years, because of these changes.
Honestly I think the real solution to the issue is to tax gains from assets (i.e. dividends etc) higher than salaries, rather than lower, then this whole thing could go away.
- varispeed 6y agoThe rich mostly pay themselves in dividends and lower tax on that is a sacred thing for them. This is another reason why they preferred to go with IR35 and destroying a thriving sector rather than making the NI payable on dividends. https://www.independent.co.uk/news/uk/politics/jacob-rees-mogg-conservative-mp-north-east-somerset-capital-management-investment-firm-belgravia-house-commons-parliament-eurosceptic-brexit-moggmentum-zero-hours-contracts-benefits-a7902951.html https://www.independent.co.uk/news/uk/politics/jacob-rees-mo...
- Nursie 6y agoAbsolutely, it's crazy that they get away with it really.