Reply to post: Re: Rolling out to private sector is the right thing to do.

BBC presenter loses appeal, must pay £420k in IR35 crackdown

DontFeedTheTrolls
Boffin

Re: Rolling out to private sector is the right thing to do.

"People may leave the public sector, but once applied to private sector, if they leave that, they are going abroad or on the dole. For most, it will just mean sticking with it."

All that will happen is a general acceptance that everything is inside IR35 for privately owned contracting companies and a rates balancing will take place.

The sad thing is that HMRC are advised by the big accounting consultancies who have a vested interest in getting their expensive daily rate "contractors" on site. PWC, EY, Deloitte, McKinsey et al view the individual contractors as cheap competition and are therefore directing HMRC on how to eliminate the competition. In Public Sector land, the real loser is the Public who will need to spend twice as much on Public works than they do today, putting the profits in the pockets of the shareholders of the big consultancies.

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